Address
161 / 163 Mango St, FORT MYERS BEACH, FL
Price
$ 1,699,000
Property Attributes
- MLS#225077334
- TypeMulti-Family
- Listing Status Active
- CountyLee
- CityFORT MYERS BEACH
- AreaFB02 - Crescent Street to Gulf B
- NeighborhoodSEAGRAPE COLONY
- Zip33931
- StyleSee Remarks, Stilts
- Year Built1946
- Taxes$ 4770
- Price$ 1,699,000
- Bedrooms5
- Full Bathrooms5
- Half Bathrooms0
- Lot Size0.126 Acres
Data Source:
Bonita Springs-Estero AOR
Property Description
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.
| Price History | |
|---|---|
| 3/10/2026 | Listed $2,180,000 |
| 4/14/2026 | 8$1,999,000 |
| 7/3/2026 | 10$1,799,000 |
| 8/18/2026 | 6$1,699,000 |
General Features
| Gulf Access | false |
|---|---|
| Sewer | Central |
| Heating | Central Electric |
| Cooling | Ceiling Fan(s),Central Electric |
| Utilities | Cable Available |
| Possession | Close Of Escrow |
| Roof | Metal |
| Zoning | RM-2 |
| Architectural Style | See Remarks,Stilts |
| Construction Materials | Elevated,Wood Frame,Wood Siding |
| Pets Allowed | No Approval Needed |
| Year Built | 1946 |
| Tenant Pays | Other/See Remarks |
| Stories Count | 1 |
| Levels | 1 Story/Ranch,Two,Multi-Story Home |
| Property Subtype | Quadruplex |
| Tax Year | 2024 |
| Waterfront Features | None |
| Community Features | Beach Access,No Subdivision,Non-Gated |
| Building Name | SEAGRAPE COLONY |
| County | Lee |
| New Construction | false |
| Property Type | Residential Income |
| Subdivision Name | SEAGRAPE COLONY |
| Full Baths | 5 |
| Status | Active |
| City | FORT MYERS BEACH |
| MLS Area | FB02 - Crescent Street to Gulf B |
| Lot Size Units | Acres |
| Lot Size Square Feet | 5488.56 |
| Property Attached Y/N | true |
| Land Lease Y/N | false |
| Tax Annual Amount | 4770.48 |
| Showing Instructions | Click Showing Icon,Listing Office Accompany |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Legal Description | SEAGRAPE SUBD BLK E PB 4 PG 17 LOT 8 |
Interior Features
| Flooring | Tile,Wood |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Sliding |
| Total Bedrooms | 5 |
| Total Baths | 5 |
Exterior Features
| Exterior Amenities | Room for Pool |
|---|---|
| Lot Features | Across From Beach Access,Oversize |
| Water Source | Central |
| Lot Size Area | 0.126 |
| Spa | false |
| Lot Dimensions | 100 x 100 x 110 x 110 |
| Lot Size Acres | 0.126 |
| Road Surface Type | Paved |
| Frontage Length | 100 |
| Lot Size Source | Property Appraiser Office |
| Waterfront Y/N | false |
| Road Frontage Type | Public Road |
| LotDimensionsSource | Field Measurements |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 33931
Price
Taxes
Year Built
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© 2026 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. 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 is deemed reliable but not guaranteed.
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The information provided is for consumers' personal, non-commercial use and may not be used for any other purpose. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program (BR Program) of M.L.S.
