Multifamily

Fort Myers Beach, FL Multifamily Properties for Sale

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Ranch Duplex with New Pool
Updated: May 22
Ranch Duplex with New Pool

412 Harbor Court, Fort Myers Beach, FL 33931

$1,125,000
1,367 sqft 0.12 AC lot
Ranch‑style 4/2 zoned duplex with two units: each unit is a 2‑bedroom, 1‑bath layout
New private pool reported as 1 month old, plus a fenced courtyard with patio/porch areas
Both units have been 100% redone with brand‑new interiors and are rented almost weekly
Two electric meters and one shared water meter; shared laundry room for both units
Interior features include split bedrooms, living/dining room, and window treatments; high‑speed internet available
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Renovated Duplex with Private Balconies
Updated: Jun 29
Renovated Duplex with Private Balconies

21671 Indian Bayou Drive, Fort Myers Beach, FL 33931

$968,000
0.39 AC lot
Fort Myers Beach duplex on a 3/4‑acre lot with lakefront access and lake views
Each side has its own private laundry room, large private balconies, parking spots, and individual carports
Both units fully renovated with large‑format 2 ft x 4 ft porcelain tile and modern bathrooms with shower glass enclosures
Brand new kitchens with new appliances, quartz countertops, and slow‑close drawers/doors
New metal roof (2023) plus new A/C units, water heaters, washers, dryers, and ceiling fans
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Waterfront Lot with Flexible Zoning
Waterfront Lot with Flexible Zoning

1339 Santos Road, Fort Myers Beach, FL 33931

$1,250,000
0.14 AC lot

Build-to-suit or multi-use development possibilities supported by Santos zoning district allowances for residential and commercial uses.

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Commercial Sale
Commercial Sale

1165-1161 Estero Blvd, Fort Myers Beach, FL 33931

$4,200,000
5,568 sqft 0.16 AC lot

Mixed-use properties · 5,568 SF

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Bayfront Duplex on Fort Myers Beach
Bayfront Duplex on Fort Myers Beach

21500 - 21504 Indian Bayou Drive, Fort Myers Beach, FL 33931

$2,990,000
0.58 AC lot

Bayfront duplex with boating access and short walk to beach.

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Renovated Triplex with Three Units
Renovated Triplex with Three Units

226 Fairweather Lane, Fort Myers Beach, FL 33931

$985,000
0.09 AC lot

Fully renovated triplex completed in 2026 with two one-bedroom units and one two-bedroom unit.

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Legal Duplex for Weekly Rentals
Legal Duplex for Weekly Rentals

5370 / 5372 Palmetto St lot: 8, Fort Myers Beach, FL 33931

$989,000
0.13 AC lot

Legal duplex with a remodeled leased 1-bedroom unit and a 2-bedroom unit with a screened front lanai.

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Bayfront Duplex with Boat Access
Bayfront Duplex with Boat Access

21500 - 21504 Indian Bayou Drive, Fort Myers Beach, FL 33931

$2,990,000
6,101 sqft

Turnkey furnished duplex on concrete pilings with bay views, multiple balconies, and direct boating access.

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Retail and Apartment Mixed-Use Building
Retail and Apartment Mixed-Use Building

1161 Estero Boulevard, Fort Myers Beach, FL 33931

$4,200,000
0.17 AC lot

Mixed-use building with street-level retail and three upstairs apartments in the Fort Myers Beach Downtown corridor.

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Triplex with Weekly Rental District
Triplex with Weekly Rental District

3188 Shell Mound Boulevard, Fort Myers Beach, FL 33931

$899,500
0.13 AC lot

Three-unit triplex designed for weekly rentals, with a short walk to Fort Myers Beach dining and attractions.

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Four-Unit Waterfront Condo Building
Four-Unit Waterfront Condo Building

855 Lagoon St, Fort Myers Beach, FL 33931

$7,775,000
3,096 sqft

Full-building quadplex with four 2-bedroom, 2-bath condos featuring direct Gulf access and private boat slips.

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Waterfront Multifamily Development Site
Waterfront Multifamily Development Site

75 Mound Rd lot: 5, Fort Myers Beach, FL 33931

$995,000
0.31 AC lot

Multifamily development site with 137 feet of canal frontage and direct Gulf access on C-1 zoned land.

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Remodeled Duplex with Pool
Remodeled Duplex with Pool

5460 Oak Ridge Avenue, Fort Myers Beach, FL 33931

$1,050,000
0.19 AC lot

Completely remodeled duplex with two-bedroom layouts, central air, and a fenced yard with a saltwater pool.

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Remodeled Income-Producing Fort Myers Beach 4-Plex
Remodeled Income-Producing Fort Myers Beach 4-Plex

113-119 Fairweather Ln, Fort Myers Beach, FL 33931

$1,490,000
0.23 AC lot

Steps from the beach, remodeled in 2025, income-producing property.

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Remodeled Beachside Duplex
Remodeled Beachside Duplex

2633 Estero Boulevard, Fort Myers Beach, FL 33931

$1,849,000
0.17 AC lot

Two fully remodeled residences with 3- and 4-bedroom layouts near the beach on Estero Boulevard.

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Duplex with Dock and Boat Lift
Duplex with Dock and Boat Lift

340 Crescent Street, Fort Myers Beach, FL 33931

$1,999,999
2,048 sqft 0.19 AC lot

Duplex with a 2-bedroom/1-bath unit and a 1-bedroom/2-bath unit, on commercial-zoned land with dock facilities.

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Waterfront Duplex with Dock
Waterfront Duplex with Dock

340 Crescent Street, Fort Myers Beach, FL 33931

$1,999,999
2,048 sqft

Duplex on a commercially zoned lot with waterfront dock, boat lift, and patios facing the water.

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Two-Unit Residential Income Property
Two-Unit Residential Income Property

842 South Street, Fort Myers Beach, FL 33931

$744,900
0.23 AC lot

Two long-term tenant units each have ground-level entry, with an oversized garage and storage, plus a new HVAC system.

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Fort Myers Beach Duplex Opportunity
Fort Myers Beach Duplex Opportunity

123-125 Washington Ave, Fort Myers Beach, FL 33931

$629,000
0.11 AC lot

Duplex near Fort Myers Beach, ideal for island living.

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Weekly-Rental Zoned Multifamily Quadplex
Weekly-Rental Zoned Multifamily Quadplex

841/843 South Street, Fort Myers Beach, FL 33931

$749,000
0.18 AC lot

Four rental units in a weekly rental zone with onsite coin laundry and dedicated storage/workshop space.

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Canal-View Quadplex with Private Parking
Canal-View Quadplex with Private Parking

423 Lazy Way, Fort Myers Beach, FL 33931

$1,450,000

Turnkey 4-unit quadplex with canal views, private parking, and shared laundry in Fort Myers Beach weekly rental zone.

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Gulfside Mixed-Use Condominium Opportunity
Gulfside Mixed-Use Condominium Opportunity

2096 ESTERO Boulevard, Fort Myers Beach, FL 33931

$3,349,000
0.40 AC lot

Mixed-use parcel with 15 condo units, including 13 vacation rental residences and 2 office units, on Estero Blvd.

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Fort Myers Beach Multifamily Property
Fort Myers Beach Multifamily Property

83 Blackbeard Way, Fort Myers Beach, FL 33931

$475,000
0.07 AC lot

Multifamily property for sale in Fort Myers Beach, Florida.

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Duplex Ready for Rebuild
Duplex Ready for Rebuild

175 Tropical Shores Way, Fort Myers Beach, FL 33931

$749,000
0.18 AC lot

Duplex on a Gulf access canal with FEMA elevation grant approval, approved for weekly vacation rentals.

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Fort Myers Beach, FL Multifamily Properties Market Trends and Statistics

Explore 40 multifamily properties for sale in Fort Myers Beach, FL, showcased through 40 active listings on our real estate platform. These investment opportunities span a total of 21,787 square feet of properties for sale, with an estimated market value of $61,448,298.

Sale prices for multifamily properties in Fort Myers Beach, FL start at $169,000, averaging $1,536,207, and reaching up to $7,775,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Short term rental properties 28
Duplexes 21
Quadplexes 11
Apartment buildings 5
Triplexes 5

Demographics Overview

Population 8,763
Population Growth (5Y) -17.9%
Median Household Income $80,438
College Educated 26.8%

High-Yield Neighborhoods for Investment

Identify Fort Myers Beach submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
33931 $1.3M

Taxes & Financing

Tax Rate (average for all types) 1.16%
Property Tax per SF $22.22 per SF
Tax Rate vs County Average 0.05 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lee County

New Delisted

Total CRE Inventory on Market (SF)

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