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Bean Group
Offered at $1,699,000Active
beds
5
baths
5
sq ft
0
Built
1946

161 / 163 Mango Street

Fort Myers Beach, FL 33931

About this home

Exceptional coastal investment opportunity on beautiful Fort Myers Beach! This rare property includes a quadplex and a separate beach cottage situated on an oversized 100’ x 110’ double parcel with direct beach access—just steps from the sugar-white sand and turquoise Gulf waters. Located on Mango Street, one of the island’s most desirable Weekly Rental Zoned (STR) streets, this property offers incredible flexibility and income potential. Operate the existing five remodeled rental units for immediate revenue, or redevelop and build two brand-new single-family homes—one on each parcel—creating high-value coastal retreats designed for premium vacation income. There are two separate strap #'s making up this Oversized Assemblage Parcel - 161 Mango St: 19-46-24-W3-0120E.0070 & 163 Mango St: 19-46-24-W3-0120E.0080. Builder introductions available. Rental information available. The existing buildings are totally remodeled, turn-key, and ready for guests. Each residence captures the laid-back coastal charm of Fort Myers Beach, with bright, open interiors and tropical outdoor spaces. There’s also room for a pool to further enhance guest appeal and rental performance. The location is unbeatable—guests can walk to Margaritaville, the Pier District, marinas, Doc Ford’s, local shops, and beachside dining, making it one of the most sought-after spots for vacationers. With direct beach access, a strong rental history, and versatile redevelopment potential, this property checks every box for investors seeking both immediate income and long-term appreciation. Whether you envision keeping the current structures as a high-yield short-term rental portfolio, or creating your dream coastal investment homes, this rare double-lot opportunity on Fort Myers Beach delivers endless potential, prime location, and true island lifestyle.

Listing last checked: Listing updated:

Listed by J Alex King, Chad Robey · Premiere Plus Realty Company · MLS #225077334

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Details at a glance

Interior4 property facts
Rooms
0
Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s), Electric
Flooring
Tile, Wood
Building4 property facts
Style
Quadruplex
Year built
1946
Foundation
Pillar/Post/Pier, Raised
Roof
Metal
Land & utilities3 property facts
Lot size
0.126 acres
Water
Public
Sewer
Public Sewer
Financial3 property facts
Annual taxes
$4,770
Assessment year
2024
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $1,699,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$8,989 / monthAdjust
Principal & interest
$8,591
Property tax
$398
Insurance
Not entered
HOA
$0

Listing annual taxes: $4,770. 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 161 / 163 Mango Street

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Request a tour of 161 / 163 Mango Street and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

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