REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

Jul

Sun

Jul

Mon

Jul

Kelly Luck

Engel & Völkers

kelly.luck@engelvoelkers.com +1(239) 340-1432

$ 1,950,000

Est. payment -/mo

Save

Price Dropped by $300K

218 Primo DR Fort Myers Beach, FL 33931

4 Beds

4 Baths

6,150 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Venetian Gardens

MLS Listing ID 225055007

Bedrooms 4

Full Baths 3

Half Baths 1

Year Built 1978

Annual Tax Amount $9,278

Tax Year 2023

Lot Size 6,150 Sqft

Acres 0.1412

Property Sub-Type Duplex

Source Bonita Springs

Property Description

Tap into a revenue-rich retreat in the heart of Fort Myers Beach's hottest zone. Here for you is a canal-front duplex that has already generated over $111,000 in revenue from January to June 2025—not projected, but proven! Positioned just steps from Margaritaville, the future Arches, and the soon-to-reopen Whale Restaurant, this legal duplex delivers the rarest trifecta: location, lifestyle, and legitimate cash flow. This is not just a beach property—this is a capital-producing machine, camouflaged in island luxury. With four bedrooms, 3.5 baths, impact-rated windows, upgraded kitchens and baths, LVP and tile flooring, and fresh coastal interiors, both units are fully turnkey. The layout is designed for ease; the finishes, for resilience; the ambiance, for repeat bookings. Outside, the resort-style pool, spa, lush landscaping, and covered boathouse create a private waterfront haven, anchored by sweeping views and long-term appeal. But what truly separates Primo Drive from ordinary STRs is momentum. $111K+ in gross revenue in the first six months alone. No guesswork. No lag time. Just velocity. Serious investors recognize signals like this. This north-end income engine sits in one of the highest-demand corridors on the island, where redevelopment is active, tourism is surging, and STR supply remains constrained. This is your foothold into an accelerating market, with a performing asset that pays for itself while appreciating in one of Florida's fastest-recovering coastal zones

Location

State FL

County Lee

Area Fb02 - Crescent Street To Gulf B

Zoning RS-1

Direction Estero blvd to Primo , on the right side of the street

Interior

Heating Central Electric

Cooling Ceiling Fan(s), Central Electric

Flooring Vinyl

Window Features Double Hung,Impact Resistant

Exterior

Exterior Feature Storage

Fence Fenced

Pool In Ground

Community Features Beach Access, Fishing, Boating, Non-Gated

Utilities Available Cable Available

Waterfront Description Canal Front,Navigable Water

Roof Type Metal

Street Surface Paved

Porch Patio

Private Pool Yes

Building

Lot Description Regular

Faces Estero blvd to Primo , on the right side of the street

Story 2

Sewer Central

Water Central

Level or Stories Two

Structure Type Wood Frame,Stucco

New Construction No

Others

Tax ID 19-46-24-W4-0060H.0120

Acceptable Financing Buyer Finance/Cash, Owner Will Carry

Listing Terms Buyer Finance/Cash, Owner Will Carry

Listed by Premiere Plus Realty Company • J Alex King

Kelly Luck

Advisor | License ID: SL3356894

+1(239) 340-1432

Kelly Luck

218 Primo DR Fort Myers Beach, FL 33931

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

218 Primo DR