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Property profile & analytics
FOR SALE
Residential income properties

4191 Bay Beach Ln 253 Fort Myers Beach, FL 33931

1,636 SF Built 1998
Property ID
US18-0946147
Property summary
AI-generated overview

Waterside Building II- large pristine 3 bed 2 bath condo on the 5th floor with awesome sunset views of Gulf of Mexico, Big Carlos pass, Lovers Key and the intercoastal water way. Rarely used furnished condo that feels like a home with surround sound and 9 foot ceilings. SEE VIRTUAL TOUR. Waterside is the Premier gated community on Fort Myers Beach. Deeded beach access, private fishing pier, gate attendant, exercise room, sauna, social room, lighted clay tennis courts and resort style pool, biking and walking paths, new bocce ball and pickle ball courts. The building also has guest suites for when your family or friends come to visit. Walk to the beach, Fishtail Marina is nearby for boat rentals. Boat slips are available for rent or purchase. Located on the south end of the beach for quick access to the shops of Promenade, Coconut Point or a Trip to South Naples Fifth Ave. Schedule your showing today!

Property profile
Verified
Property type Residential income properties
Year built 1998
Total area 1,636 SF
UPID US18-0946147
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Waterside II At Bay Beach Condominium Complex
  • Fairview Forest Products Co General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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