DIRECT BEACHFRONT on the desirable North-end of the island with gulf front lanai and bay front views from the kitchen! 1st floor, CORNER UNIT, 2BR, 2BA - the unit sustained significant damage from hurricane Ian - the unit and the building are still under construction. Here is your chance to put the unit back together your way. Prior to Ian, these units were selling in the 800s. This unit has been priced to allow the new owner to pay for assessments while building equity. Unit being sold AS IS. The building will have a new roof, new plumbing, new electric, new elevator, updated pool area with tiki hut, and a new community room. Unit 106 is down to the studs and the association will provide a new AC; new water heater; impact slider doors and windows replacing the broken doors/windows; new front door and drywall. There is also a chance of flood insurance proceeds going to the new owner (pending litigation). Weekly Rentals allowed and (optional) on-site rental program for owners. Walking distance to Time Square for entertainment, shops, restaurants and Margaritaville. On-site laundry facility. PHOTOS Are Pre-Ian. Cash only. The Northend is a special corner of Fort Myers Beach bordered by Bowditch park on one end and the downtown Times Square on the other. The property will effectively be new construction when completed.
MLS# | 224056813 |
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Listing Type | For Sale |
Style | Condominium |
Suite Number | 106 |
Sub-Type | Resale |
Status | Active |
Year | 1978 |
Days On Site | 289 |
Listing Provided By | Keller Williams Realty Fort Myers and the Islands | Denise Chambre |
Bed(s) | 2 |
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Bath(s) | 2 Total |
SQ Feet | 774 |
Pool | Yes |
Story(s) | 7 |
Acreage | 0.13 |
Water Front | Yes |
Property View | Yes |
State | FL |
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County | Lee |
City | Fort Myers Beach |
Zip Code | 33931 |
Area | FB01 Bodwitch Pointe to Cresce |
Community Name | CANE PALM BEACH CONDO |
Listing VS Median (In CANE PALM BEACH CONDO) | |
Price: $625,000 low | high Med: $662,000 SqFt: 774 low | high Med: 774 $ / SqFt: $807 low | high Med: $855 On site: 289 low | high Med: 188.500000 |