#225031867, Joel Freis, Listing office: EXP Realty LLC
Property details
About 229 Fairweather Ln
This quadraplex has a productive history as a vacation rental and also as a long term rental investment. It is located in a weekly rental zone enhancing the investment opportunities. It has 4 recently renovated one-bedroom, one-bath units each with a full kitchen and a living and dining area. Recent renovations include 4 totally new bathrooms, 2 new kitchens and a new roof in 2017. The roof was unaffected by Ian as it was built with additional anchors at every foot to keep the structure secure. The hot water heaters are new and the first floor units have new wiring and plumbing. Floors throughout the 4 units are attractive ceramic tile. There is one parking space assigned for each apartment. The building also offers a common washer and dryer and a peaceful patio in a tropical backyard setting. The location is ideal! It is a short leisurely walk to the beach. A beach access point is conveniently located approximately one block from the property. Access to Fort Myers Beach is open year-round from sunrise until past sunset. Guests will enjoy walking to Times Square and visiting a variety of shops and restaurants and a fishing pier. This property has a steady history of guests who have enjoyed fishing from the nearby pier or boating along the Gulf and stopping to dine at all the popular seafood restaurants. There are also parks in close proximity and many opportunities to travel to Sanibel and Captiva or take the jet powered catamarans from Fort Myers Beach to beautiful Key West. As a vacation rental the gross rent was $90,000 to $100,000 per year minus expenses for tourist tax and cleaning. The current income is from long term rentals with stable leases of $1600 monthly for each of the 4 units. There is a $76,800 per year long term rental income. All 4 tenants would like to stay. If you are an investor looking for a steady income either as a long term or vacation rental asset this is the place for you. If you love the beach and all it has to offer, consider using one of the units for yourself and renting out the others for a steady and reliable profit. The first floor unit on the right will be available for initial tours. Once there is continued interest the others will be available. The two first floor units sustained some drywall damage from Milton. The affected drywall was removed the next day and has been replaced.
Highlights
Home typeQuadruplex
StatusActive
CoolingCeiling Fan(s), Window Unit(s), Wall Unit(s)
Lot size0.102 Acres
Year built1965
MLS #224051861
Summary
- Full Bathrooms: 4
- Flooring Type: Tile
- Total Bedroom Count: 4
- Private Pool: No
- Waterfront: None
- Exterior: Patio
- Architectural Style: Two Story
- Heating: None
- Cooling: Ceiling Fan(s), Window Unit(s), Wall Unit(s)
- List Price: $790,000
- HOA Amount: $0
- Annual Tax Amount: $6,373
- Tax Year: 2023
- Lot: Rectangular Lot
- Directions: From Fort Myers on San Carlos Blvd. turn left on Estero Blvd. to left on Fairweather Lane to 229 on the left.
- Year Built: 1965
- Stories: 2
- Lot Size: 0.102 Acres
- MLS Number: 224051861
- MLS Name: SWFL
- Office Name: Sellstate Priority Realty
- Office Phone: (239) 574-8888
- Office Email: neil@sellstatecorporate.com
- Listing Agent: Carol Hilleary
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/2/2025, 7:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 02, 2015 | Home Sold | $440,000 |
| Sep 29, 1997 | Home Sold | $24,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $418,007 | $6,373 |
| 2022 | $573,368 | $7,202 |
| 2021 | $393,908 | $7,202 |
| 2020 | $339,956 | $5,965 |
| 2019 | $331,878 | $5,363 |
| 2018 | $327,042 | $5,229 |
| 2017 | $313,317 | $5,111 |
History based on county public records data.
Nearby schools
10
Fort Myers Beach Elementary School
Public District KG-5
0.5 mi
•2751 Oak St
1
Harlem Heights Community Charter School
Public Charter KG-5
4.5 mi
•15570 Hagie Dr
6
Heights Elementary School
Public District KG-5
4.9 mi
•15200 Alexandria Ct
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $57,159. The majority of Fort Myers Beach, FL residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
22%
<35k
59%
35k-100k
17%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
62%
Single, No Kids
4%
Single, with Kids
30%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
2%
12-17 yrs old
14%
18-34 yrs old
54%
35-64 yrs old
26%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Hiking/backpacking
Figure Skating
Where do the neighbors shop?
Chico's
Nordstrom Rack
Stein Mart
Where do the neighbors go to eat?
Cracker Barrel
Chipotle
Bonefish Grill
What do the neighbors drive?
Buick
Mazda
Lincoln
What do the neighbors listen to?
Soft Adult Contemporary
Rock
Classical
All data provided by Home Junction and Claritas
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Frequently asked questions
About 229 Fairweather Ln
The listing price of 229 Fairweather Ln property is $790,000.
The property 229 Fairweather Ln is a multi located in Fort Myers Beach, Florida, 33931.
Active Listing: 229 Fairweather Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 229 Fairweather Ln are: Fort Myers Beach Elementary School (GreatSchools Rating 10/10), Harlem Heights Community Charter School (GreatSchools Rating 1/10), Heights Elementary School (GreatSchools Rating 6/10), Lexington Middle School (GreatSchools Rating 4/10), Cypress Lake Middle School (GreatSchools Rating 7/10), Six Mile Charter Academy (GreatSchools Rating 2/10), Island Park High School (GreatSchools Rating 1/10), Cypress Lake High School (GreatSchools Rating 4/10), Florida Southwestern Collegiate High School (GreatSchools Rating 10/10).
According to the records, the last property tax for 2023 is $6,373 (source: MLS/based on county public records data).
The last sale was on March 2, 2015 for $440,000 (source: MLS/tax record).
The year of construction for 229 Fairweather Ln is 1965.
This home is located at 229 Fairweather Ln in Fort Myers Beach, FL and zip code 33931. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 20, 2024 and is currently priced at $790,000.
In June 2025 more than 1 listings in Fort Myers Beach, FL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 26 were sold below. The number of listings in Fort Myers Beach, FL increased by 4.1% between May and June 2025. Listings spent 105 days on the market in June 2025, and had a median list price of $650,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.