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5 Beds
5 Baths

$1,699,000

161 / 163 Mango ST, Fort Myers Beach FL, 33931

Built in1946
Property typeMulti-family

Overview

Active

Listed Nov 3, 2025

Updated 2h ago

Exceptional coastal investment opportunity on beautiful Fort Myers Beach! This rare property includes a quadplex and a separate beach cottage situated on an oversized 100’ x 110’ double parcel with direct beach access—just steps from the sugar-white sand and turquoise Gulf waters. Located on Mango Street, one of the island’s most desirable Weekly Rental Zoned (STR) streets, this property offers incredible flexibility and income potential. Operate the existing five remodeled rental units for immediate revenue, or redevelop and build two brand-new single-family homes—one on each parcel—creating high-value coastal retreats designed for premium vacation income. There are two separate strap #'s making up this Oversized Assemblage Parcel - 161 Mango St: 19-46-24-W3-0120E.0070 & 163 Mango St: 19-46-24-W3-0120E.0080. Builder introductions available. Rental information available. The existing buildings are totally remodeled, turn-key, and ready for guests. Each residence captures the laid-back coastal charm of Fort Myers Beach, with bright, open interiors and tropical outdoor spaces. There’s also room for a pool to further enhance guest appeal and rental performance. The location is unbeatable—guests can walk to Margaritaville, the Pier District, marinas, Doc Ford’s, local shops, and beachside dining, making it one of the most sought-after spots for vacationers. With direct beach access, a strong rental history, and versatile redevelopment potential, this property checks every box for investors seeking both immediate income and long-term appreciation. Whether you envision keeping the current structures as a high-yield short-term rental portfolio, or creating your dream coastal investment homes, this rare double-lot opportunity on Fort Myers Beach delivers endless potential, prime location, and true island lifestyle.

$11,303/mo

Est. mortgage payment based on a $1,699,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
225077334

Interior Features

Bedrooms
5
Bathrooms
5
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.13 Acres

Other Property Details

Taxes
$4,770
Tax Frequency
Annually
Secondary Association Fee
Not Listed
Pets Allowed
Yes

Listed by J Alex King, Premiere Plus Realty Company

Listing Contact: (239) 849-3663 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Aston Rose Sports and Entertainment shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 4:40 AM UTC, 10/8/2026

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