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For sale
  • Price cut: $300K (7/1)
    $1,950,000

    218 Primo DR, FORT MYERS BEACH, FL 33931

    4beds
    --sqft
    : 
    Duplex
    Built in 1978
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Covered boathouseResort-style poolFour bedroomsSweeping viewsFresh coastal interiorsUpgraded kitchensPrivate waterfront haven
    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
    71 days
    on Zillow
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    459
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    23
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    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#: 225055007MLS LogoOriginating 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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