Waterfront - Seller Financing
Address
168 Chapel Street, Fort Myers Beach, FL
Price
$ 2,480,000
Property Attributes
  • MLS#222090875
  • TypeLand
  • CountyLEE
  • CityFort Myers Beach
  • AreaFB02 - Crescent Street to Gulf B
  • NeighborhoodSUNNY GROVE
  • Zip33931
  • StyleResidential
  • Taxes$ 5739
  • Price$ 2,480,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.3049 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description

MAY CONSIDER JOINT VENTURE AND SELLER FINANCING. RARE INVESTMENT OPPORTUNITY WITH TWO OF DEEPEST CANAL-FRONT LOTS ON THE ISLAND. Up to 282 feet deep. This listing price includes two parcels (168 Chapel street and 170 Chapel street) with combined 0.6 acreage, however, each parcel can be sold separately. Ideal for building a large vacation rental home on each lot or a resort style compound. Located in the highly sought north end of the island in the weekly rental district. Zoning for both single and multi family use (Residential Multifamily -10). Possibility to build three large units if two parcels are combined (subject to town approval). Listed price is below recent appraisal of $2.94 million for both parcels. Three minute walk to the beach and 5-10 minutes to downtown Times Square. This unique location is adjacent to a green nature preserve. A 10 bedroom, 5500 sf single family floor plan with an elevator, large pool and a large backyard for large social event or business retreat has been designed for each lot.

Price History
12/30/2022 Listed $1,525,000
12/28/2023 3% - $1,480,000

General Features

Sewer None
Utilities None,SewerNotAvailable,WaterNotAvailable
Possession CloseOfEscrow
HOA 0.0
Association Fee Includes None
View Canal
Property SubType Residential
Tax Year 2021
Waterfront Features CanalAccess
Community Features NonGated
County Lee
New Construction No
Property Type Land
HOA / Comm Assn No
Attached Garage No
Subdivision Name SUNNY GROVE
Facing Direction West
Garage Y/N No
Status Active
Directions Head south on San Carlos Blvd then turn left onto Estero Blvd. Turn left onto Chapel St and the lot is on the right
City FORT MYERS BEACH
Land Lease Amount 0.0
View Y/N Yes
Senior Community Y/N No
Zoning Description TFC2
MLS Area FB02 - Crescent Street to Gulf B
Lot Size Units Acres
Waterfront Y/N Yes
Carport Y/N No
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 5739.59
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 453
Standard Status Active
Tax Lot 10
Property Sub Type Additional Residential,UnimprovedLand
MobileHomeRemainsYN No
PostalCity FORT MYERS BEACH
Legal Description SEAGRAPE SUBD BLK B PB 4 PG 17 LOT 10 + HILLS T P SUB PB 3 PG 84 POR LOT 31
Condo Fee 0.0

Interior Features

Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Lot Features RectangularLot
Water Source None
Lot Size Area 0.3049
Horses No
Spa No
Irrigation/Water Rights No
Lot Dimensions 50 x 260 x 54 x 282
Lot Size Acres 0.3049
Road Surface Type Paved
Lot Size Source Survey
Covered Spaces 0.0
Crops Included Y/N No
Road Responsibility PublicMaintainedRoad
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
LotDimensionsSource Survey

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33931

Price
AVG $1.49M
$2.48M
Taxes
AVG $7,337
$5,739
Visits
AVG 277
64
Data Provided by Inside Real Estate®

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