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
For sale
Price cut: $300K (7/1)
$1,950,000
218 Primo DR, FORT MYERS BEACH, FL 33931
4beds
--sqft
Est.:
Duplex
Built in 1978
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Covered boathouseResort-style poolFour bedroomsSweeping viewsFresh coastal interiorsUpgraded kitchensPrivate waterfront haven
- 71 days
- on Zillow |
- 459 |
- 23 |
Zillow last checked: 7 hours ago
Listing updated: August 08, 2025 at 01:19pm
Listed by:
J Alex King 239-849-3663,
Premiere Plus Realty Company,
Dennis Wagaman 239-940-7749,
Premiere Plus Realty Company
Source: SWFLMLS,MLS#: 225055007
Originating MLS: Bonita Springs

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Features
- Flooring: Vinyl
- Has fireplace: No
Property
Features
- Levels: Two
- Patio & porch: Patio
- Exterior features: Storage
- Has private pool: Yes
- Pool features: In Ground
- Has spa: Yes
- Spa features: In Ground, Concrete, Equipment Stays, Heated
- Fencing: Fenced
- Waterfront features: Canal Front, Navigable Water
Lot
- Size: 6,150.67 Square Feet
- Features: Regular
Details
- Additional structures: Boat House, Storage
- Parcel number: 194624W40060H.0120
- Zoning: RS-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Frame, Stucco
- Roof: Metal
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Water: Central
Community & HOA
Community
- Features: Fishing, Boating, Non-Gated
- Subdivision: VENETIAN GARDENS
HOA
- Amenities included: Beach Access, Fishing Pier
Location
- Region: Fort Myers Beach
Financial & listing details
- Tax assessed value: $865,509
- Annual tax amount: $9,278
- Date on market: 6/17/2025
- Lease term: Buyer Finance/Cash,Seller Financing
- Road surface type: Paved
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