Rarely offered 4-unit QUAD in the weekly rental zone — Sun, Surf, Sea & Sand — a cash-flowing, canal-view property designed for strong returns and steady demand! This is more than real estate — it’s a branded experience. 423 Lazy Way is a fully turnkey 4-unit property in Fort Myers Beach’s coveted weekly vacation rental zone, where each residence carries its own identity: Sun, Surf, Sea, and Sand. Guests love the character, investors love the returns, and together they create a property that stands out in one of the island’s hottest markets. With six bedrooms and six full baths across four distinct units, this canal-view gem blends lifestyle and income like no other. Upstairs, spacious residences open to covered balconies with tranquil water views. Downstairs, the coastal charm continues with inviting porches and a relaxed vibe that keeps guests coming back year after year. Along the canal, dolphin and manatee sightings only add to the magic. Meticulously maintained and upgraded — including a new roof (2023), new water heaters, and mini-split AC systems — the property is primed for long-term performance. Add in private parking, shared laundry, high-speed Wi-Fi, and smart TVs, and it’s truly turnkey from day one. 423 Lazy Way isn’t just Sun, Surf, Sea & Sand. It’s a rare chance to own one of Fort Myers Beach’s most intriguing income assets — where lifestyle and ROI come together unforgettably.
For sale
$1,450,000
423 Lazy Way, FORT MYERS BEACH, FL 33931
6beds
--sqft
Est.:
Quadruplex
Built in 1974
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Inviting porchesSpacious residencesCanal-view property
- 3 days |
- 216 |
- 19 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 15, 2025 at 08:10am
Listed by:
Dennis Wagaman 239-940-7749,
Realty One Group MVP
Source: SWFLMLS,MLS#: 225083358
Originating MLS: Bonita Springs
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Laundry: Common Area
Features
- Flooring: Tile, Vinyl
- Has fireplace: No
Property
Features
- Levels: Two
- Exterior features: Outdoor Shower
- Waterfront features: None
Lot
- Size: 6,011.28 Square Feet
- Features: Regular
Details
- Parcel number: 334624W200001.005B
- Zoning: TFC2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Frame, Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Water: Central
Community & HOA
Community
- Features: Non-Gated
- Subdivision: LAZY ACRES RANCHETTES UNREC SUBDIVISION
HOA
- Amenities included: Beach Access, Common Laundry
Location
- Region: Fort Myers Beach
Financial & listing details
- Tax assessed value: $641,328
- Annual tax amount: $4,666
- Date on market: 12/15/2025
- Lease term: Buyer Finance/Cash
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$3,009/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2025 | Price change | $1,450,000-2.9% |
Source: | ||
| 4/19/2025 | Price change | $1,494,000-6.6% |
Source: | ||
| 3/13/2025 | Price change | $1,599,000-5.9% |
Source: | ||
| 1/15/2025 | Listed for sale | $1,699,000+139.3% |
Source: | ||
| 7/21/2020 | Sold | $710,000-1.4% |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,599 +105.7% | $608,077 +142.3% |
| 2023 | $4,666 -48.4% | $250,918 -50.1% |
| 2022 | $9,039 +20.5% | $502,543 +10% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$9,415/mo
Principal & interest
$7215
Property taxes
$1692
Home insurance
$508
Climate risks
Neighborhood: 33931
Nearby schools
GreatSchools rating
- 6/10Fort Myers Beach Elementary SchoolGrades: PK-5Distance: 2 mi
- 3/10Lexington Middle SchoolGrades: 6-8Distance: 4.5 mi
- 3/10Estero High SchoolGrades: 9-12Distance: 7.2 mi
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