For Sale Multi-Family MLS# 225077334

161 / 163 Mango ST

FORT MYERS BEACH, FL 33931

$1,699,000

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About 161 / 163 Mango ST

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.

Property details

Property

Type
Quadruplex
MLS type
Multi Family Home
Status
Active
Year built
1946
Living area
0 sqft
Lot
0.126
Full baths
5
Original price
$2,200,000
MLS #
225077334

Interior

Features
true, Ceiling Fan(s), Central Electric, true, Central Electric, Tile, Wood
Flooring
Tile, Wood
Heating
true, Central Electric
Cooling
true, Ceiling Fan(s), Central Electric

Exterior & lot

Features
Ranch, Two Story, Multi-Story Home, Quadraplex
Construction
Wood Frame, Wood Siding, Metal
Roof
Metal
Lot
RM-2, SEAGRAPE SUBD BLK E PB 4 PG 17 LOT 8, 19-46-24-W3-0120E.0070

Schools

District
Lee County School District

Utilities

Utilities
Central
Water
Central

Financial

Financial
Bonita Springs
Annual tax
$4,770
Tax year
2024
Parcel
19-46-24-W3-0120E.0070
Legal
SEAGRAPE SUBD BLK E PB 4 PG 17 LOT 8

Location

Subdivision
SEAGRAPE COLONY
Area
SEAGRAPE COLONY
County
Lee
Neighborhood
Seagrape
Community
Lee, Paved, Beach Access, Bonita Springs

Location

Neighborhood
Seagrape
Subdivision
SEAGRAPE COLONY
School district
Lee County School District

Ask about this property

Questions on 161 / 163 Mango ST, FORT MYERS BEACH, FL 33931, or want to see it in person?

Listed by J Alex King, Premiere Plus Realty Company

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.