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166-168 Coconut Drive, 
Fort Myers Beach, FL 33931

$515,000


4

Beds


3

Baths


2,720

Sq Ft


Multi-Family

Active

Listed by

John Sorenson

Starlink Realty, Inc

Last updated:

July 16, 2025, 03:01 PM

MLS#

225050992

Source:

FL GFMB

About This Home

166-168 Coconut Drive

2/1 upstairs and a 1/1 downstairs located in a monthly rental zone. Prime Investment Opportunity – Near the Beach! Priced for lot value, this property presents an incredible opportunity for investors or those seeking a coastal retreat! Featuring a legal downstairs apartment and multi-family zoning, the possibilities are endless—whether you envision rental income or a spacious home. Located just steps from the pier, this property is perfect for beach enthusiasts with beach access just down the road, you’ll enjoy the best of Florida’s coastal lifestyle. The home itself requires extensive renovation, making it ideal for those looking to customize or redevelop. Don’t miss this chance to own a slice of paradise with unbeatable potential! There is known damage to the property.

Home Facts

Multi-Family

3 Baths

4 Bedrooms

Built in 1958

Price Summary

515,000

$189 per Sq. Ft.

MLS #:

225050992

Last Updated:

July 16, 2025, 03:01 PM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,720 Sq. Ft.


Structure

Structure

Architectural Style:

Two Story

Building Area:

2,720 Sq. Ft.

Year Built:

1958


Finances & Disclosures

Finances

Price:

$515,000

Price per Sq. Ft:

$189 per Sq. Ft.

Source:FL GFMB
The source of the information about real property available for sale or rent is the copyrighted and proprietary database of the Florida Gulf Coast Multiple Listing Service, Inc.. Copyright 2025 Florida Gulf Coast Multiple Listing Service, Inc.; all rights reserved. The data is provided by the IDX Program, and the Information is Deemed Reliable But Not Guaranteed.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.