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$3,190,000
5 Days On Site

198-200 Anchorage Street 200
Fort Myers Beach, FL 33931

For Sale|Quadruplex|Active
10
Beds
10
Full Baths
1
Partial Bath

SqFt

/SqFt
1979
Built
Subdivision:
CASES
County:
Lee
Call Now: 863-612-0000
Is this the home for you? We can help make it yours.
863-612-0000
198-200 Anchorage Street 200198-200 Anchorage Street 200198-200 Anchorage Street 200198-200 Anchorage Street 200
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Monthly Payment (Est.)

$14,554
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

This fully licensed vacation rental quadplex is a rare find on Fort Myers Beach—a turnkey, income-producing property located on a desirable weekly rental street just steps from the sand. Recently remodeled and legally grandfathered for nonconforming use, it operates as four distinct vacation units, an uncommon setup that offers both stability and flexibility in a high-demand market. What truly sets this property apart is its resort-style outdoor living space. The large private swimming pool with spa is a standout feature—an amenity not commonly found in multifamily properties on the island. Paired with a custom-built thatched-roof tiki hut bar complete with lounge seating, overhead fans, and a TV, this space elevates the guest experience well beyond typical rental offerings. The outdoor kitchen includes a grill, ceramic smoker, gas burner, and sink, creating a true entertaining zone. A separate poolside half bath make it even more guest-friendly. The layout includes two ground-floor poolside villas, one with two bedrooms, two bathrooms, and a full kitchen, the other with three bedrooms, three bathrooms, and a full kitchen. Upstairs, there are two additional 2-bedroom, 2-bath units, one of which features an optional third-bedroom lockout suite with its own bathroom that allows for flexible 2- or 3-bedroom bookings. Laundry facility includes shared by the upper units and each lower level unit has it's own laundry. This quadplex sits in a prime location just south of the bustling north end of the island, offering guests a more laid-back atmosphere while still being within biking distance of Time Square. And it’s not just the property that makes this a smart buy—Fort Myers Beach is on the verge of a major upswing. Following the impact of Hurricane Ian, the island is in the final stages of a large-scale redevelopment effort. Aging structures are being replaced with modern, storm-resilient buildings, infrastructure is being upgraded, and new businesses are opening, bringing fresh energy and long-term investment potential. Demand for vacation rentals is climbing as travelers return to a revitalized, better-than-ever beach town. For an investment-minded buyer, this is more than just a property—it’s a proven income generator positioned in the path of growth, with a unique competitive edge in the vacation rental market.

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Listing Snapshot
Price 
$3,190,000
Days On Site 
5 Days
Bedrooms 
10
Inside Area (SqFt) 
N/A
Total Baths 
11
Full Baths 
10
Partial Baths 
1
Lot Size 
0.204 Acres
Year Built 
1979
MLS® Number 
225047481
Status 
Active
Property Tax 
$15,563.78
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing first seen on site
5 days agoListing updated with changes from the MLS®
General Features
Acres 
0.204
Number Of Stories 
2
Pets 
Yes
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Stories 
Two
Style 
Two Story, See Remarks
Utilities 
Cable Available
Water Source 
Public
Zoning 
TFC2
Interior Features
Cooling 
Central AirElectricOtherWall Unit(s)Zoned
Flooring 
TileVinyl
Heating 
CentralElectric
Spa 
Yes
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Exterior Features
Construction Details 
See Remarks
Exterior 
Outdoor KitchenStorage
Lot Features 
Irregular Lot
Patio And Porch 
Patio
Pool Features 
Electric HeatHeatedIn GroundScreen EnclosureSee RemarksPrivate
Private Pool 
Yes
Roof 
Shingle
Spa 
Yes
Spa Features 
In GroundSee Remarks
Community Features
Association Amenities 
None
Financing Terms Available 
Cash
MLS Area 
FB03 - Gulf Beach Road to Avenid
Listing courtesy of Premier Sotheby's Int'l Realty


The data relating to real estate for sale on this website comes in part from the Florida Gulf Coast MLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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