About this home
Located in the heart of Fort Myers Beach, 123/125 Washington Ave presents an exceptional opportunity to own a piece of paradise and experience the quintessential island lifestyle. Formerly configured as a duplex prior to Hurricane Ian, this versatile property offers endless possibilities for redevelopment, investment, or the creation of your ideal coastal retreat. Perfectly positioned mid-island, the property is just a short stroll to the sugar-white sands and turquoise waters that make Fort Myers Beach one of Southwest Florida’s most sought-after destinations. Whether you envision a full-time residence, seasonal getaway, or income-producing investment property, the location alone makes this an incredible opportunity. Situated within the highly desirable weekly rental zone, 123/125 Washington Ave offers outstanding potential to maximize rental income with flexible short-term rental opportunities that are increasingly difficult to find on the island. Investors and developers alike will appreciate the ability to capitalize on the strong demand for vacation rentals in this prime beachside location.
Listing last checked: Listing updated:
Listed by Steve Boge · Signature Real Estate Group · MLS #224034654
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Details at a glance
Interior2 property facts
- Rooms
- 0
- Cooling
- SeeRemarks
Building1 property facts
- Style
- Residential
Land & utilities3 property facts
- Lot size
- 0.111 acres
- Water
- Public
- Sewer
- Public Sewer
Financial3 property facts
- Annual taxes
- $4,021
- Assessment year
- 2023
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $629,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$3,516 / monthAdjust
- Principal & interest
- $3,181
- Property tax
- $335
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $4,021. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 123-125 Washington Avenue
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Request a tour of 123-125 Washington Avenue and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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