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Contact Downing-Frye Realty, Inc. @ (800) 448-3411


Footsteps away from the white powdery soft sands of the Gulf and the brand new Margaritaville on Ft Myers Beach resort scheduled to start building Dec 1st 2018. An exotic Key West BED AND BREAKFAST colorful bungalow feel, this money making property is located in the downtown area of Ft Myers Beach! More than 20 restaurants & bars, surf shops, fishing piers, jet ski and parasailing adventures within arms length. Owners retiring, this is a perfect opportunity for an investor! This unit sits on two parcels of land, one of which is a corner lot. Views of 3 bodies of water from the third floor units. The second PID# included in this sale is 24-46-23-W3-00202.0110. $225,119 is GOI for 2017 on 7 units. There are 3 additional units the owners are using which could bring GOI up to $321,662. Multi family 10 or less units. THIS IS A TURN KEY!!!! Owner financing with $1 Million down.

Our Locations

Naples Office

180 Ninth Street South
Naples, Florida 34102
(800) 448-3411
(239) 261-2244

Bonita Office

23421 Walden Center Drive
Bonita Springs, Florida 34134
(888) 777-1193
(239) 992-8711

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Listing information courtesy of Island Life Realty LLC

Real estate property ID: 218027927

acres: 0.4200
annual debt service: 0.00
avmyn: 1
blogging yn: 1
business establish: 2,008
canal width: None
cdom: 235
co list agent direct work phone: 239-272-5525
co list agent mlsid: 610,231
commercial amenities: bike storage, BBQ picnic, common Laundry, community park, community pool, community room, community fitness room, dog park extra storage, fishing pier, internet access, library, marina, shopping, sidewalks, streetlights, underground utilities
commercial type: Business w/Property
cooling remarks: Central Air and Window Units
cooling yn: 1
county or parish: Lee
created date: April 14, 2018, 12:00 am
current price: $2,450,000
debt service: 0.00
down payment: 0.00
due in num yrs: 0.00
effective gross: 0.00
heating remarks: Central Heat
heating yn: 1
income cap rate: 9.00
insurance: 0.00
interest rate: 0.00
last change timestamp: November 12, 2018, 5:22 pm
last change type: Price Decrease
lease loss factor percentage: 0.00
lease min clear ceiling height: 8ft
lease no of parking spaces: 5
lease power: Electric
lease price: 0.00
list office mui: 34,604,074
list price: $2,450,000
lot frontage: 114
mls: Naples
mls area major: FB02 - Crescent Street to Gulf B
mls number: 218027927
number of spaces units: 10
original list price: $2,900,000
parcel number: 24-46-23-W3-00202.0120
photo count: 33
postal code: 33,931
property name: Sun Deck Inn
property type: Commercial
property use type: Business
room mix avg rate: 150
room mix beds: 22
room mix number of rooms: 11
sell price per sq ft: 0.00
sourceof measure lot size: Field Measurements
state or province: FL
status: Active
status type: Resale Property
street name: THIRD
street number: 1,051
street suffix: ST
subdivision number: W3
subject property sq ft: 12,638
taxes: 5530.88
tenancy: Multiple
total floors: 3
transaction type: Sale
utilities available: Electric,Other,Phone Line,Sewer,Trash Removal,Water
year built: 1,941
zoning code: DOWNTOWN

Property Highlights
  • Developers location! HIGH VOLUME WALKING TRAFFIC!!!! ````Margaritaville food and beverage $$$$$$
  • None
Sale Includes
  • Building And Land
  • Business
  • Equipment
  • Fixtures
  • Furniture
  • Other See Remarks
Comercial Property Type
  • Lodging and Hospitality: Economy/Limited Service
  • Multi-Family: 5+ Units

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The data relating to real estate for sale displayed on this Website comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc., under License No.NPLSMLS-100409. Properties listed with brokerage firms other than Downing-Frye Realty, LLC. are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the M.L.S. of Naples, Inc. BR Program, or contained in the database compilation of the M.L.S. of Naples, Inc. Some properties that appear for sale on this limited electronic display may no longer be available. For the most current information, contact Downing-Frye Realty, LLC at (239) 261-2244