- beds
- 4
- baths
- 4
- sq ft
- 1,840
- Built
- 1965
229 Fairweather Lane
About this home
Turnkey investment opportunity in the heart of Fort Myers Beach! This 4-unit quadruplex offers immediate dual-income strategy: one unit occupied by a steady long-term tenant and three fully furnished units with brand-new decor operating as active weekly short-term rentals. Professionally managed and completely setup for seamless operations. Each 1BD/1BA unit features open living spaces, full kitchens, and low-maintenance ceramic tile flooring. Updated systems, on-site laundry, dedicated off-street parking, and a lush backyard patio complete this high-performing coastal asset. Located just steps from the Gulf's white sand beaches, popular local dining, vibrant shopping, and coastal entertainment, this multi-family asset is ready to generate income from day one. Whether expanding your rental portfolio or seeking a turnkey income producer on the island, 229 Fairweather Ln delivers location, quality, and flexible cash flow potential.
Listing last checked: Listing updated:
Listed by Nate Zimmer · The Monarch Collective · MLS #226031142
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Details at a glance
Interior4 property facts
- Rooms
- 0
- Heating
- Other
- Cooling
- Window Unit(s), Wall Unit(s)
- Flooring
- Tile
Building3 property facts
- Style
- Quadruplex
- Year built
- 1965
- Roof
- Built-Up, Flat
Land & utilities3 property facts
- Lot size
- 0.102 acres
- Water
- Public
- Sewer
- Public Sewer
Financial3 property facts
- Annual taxes
- $8,461
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $999,500 asking price. Adjust the assumptions to your situation.
Known monthly costs$5,759 / monthAdjust
- Principal & interest
- $5,054
- Property tax
- $705
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $8,461. 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.
Price and status timeline
- Ter
$999,500 · Aug 26, 2026
- Sld
$790,000 · Sold $750,000 · Jun 19, 2024
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About 229 Fairweather Lane
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Request a tour of 229 Fairweather Lane 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.
Are property documents available?
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