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For sale
  • $1,450,000

    423 Lazy Way, FORT MYERS BEACH, FL 33931

    6beds
    --sqft
    : 
    Quadruplex
    Built in 1974
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Inviting porchesSpacious residencesCanal-view property
    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.
    3 days
    |
    216
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    19
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    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#: 225083358MLS LogoOriginating 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
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $3,009/mo

    Price history

    Price history
    DateEventPrice
    7/17/2025Price change$1,450,000-2.9%
    Source: SWFLMLS #225005291 Report a problem
    4/19/2025Price change$1,494,000-6.6%
    Source: SWFLMLS #225005291 Report a problem
    3/13/2025Price change$1,599,000-5.9%
    Source: SWFLMLS #225005291 Report a problem
    1/15/2025Listed for sale$1,699,000+139.3%
    Source: SWFLMLS #225005291 Report a problem
    7/21/2020Sold$710,000-1.4%
    Source: Florida Gulf Coast MLS #220033354 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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

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