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About This Home

This 4-bedroom, 5-bathroom residential multi family at 3188 Shell Mound Boulevard in Fort Myers Beach, FL is listed for $999,500. Built in 1972, on a 0.13 acres lot.

Agent Description

Eucalyptus Park: Premier Duplex with lower owner's unit in Weekly Rental District!!! Incredible investment opportunity at 3188 Shell Mound Blvd, perfectly situated on an oversized corner lot in the highly lucrative Fort Myers Beach Weekly Rental District.

This versatile property is a short-term rental (STR) powerhouse, located just one block from the white sugary sands - only 800 feet to the Beach with Room for a Pool! and steps away from the island's vibrant dining, local attractions, and rich history.

The ground floor features a spacious Owner's Suite offering 2 bedrooms and 2 bathrooms, providing the perfect private beachside retreat, on-site manager's quarters, or premium rental unit. Above, the upper duplex consists of two separately metered income generators: Unit A (2 Bed / 1 Bath) and Unit B (2 Bed / 1 Bath).

Both upper units are ready for immediate rental. The lower unit is being updated and beautifully renovated with contemporary coastal finishes, modern flooring, and stylish fixtures designed to capture maximum booking rates. Unwind and enjoy breathtaking Southwest Florida sunsets right from your property.

The expansive corner lot footprint offers ample room to add a custom resort-style pool, a high-demand amenity that will instantly skyrocket your nightly rates and occupancy. Whether you want to live downstairs and let the upper duplex pay your mortgage, or rent all three units for maximum cash flow, this turnkey beachside multi-family property is primed for immediate success in the newly revitalized Fort Myers Beach paradise!!

Key Features

  • Built in 1972
  • 0.13 acre lot
  • 2 stories

Property Details

2 stories
5 full
1972

Amenities

A/C

Monthly Cost Estimate

$5,346/mo

20% down · 6.5% · 30 years

Principal$723
Interest$4,331
Insurance$292

Estimates only. Actual payments may vary.

Location

3188 Shell Mound Boulevard

Fort Myers Beach, FL 33931

EUCALYPTUS PARK

Features & Amenities

Exterior Features

FencePatioStorage

Property Details

Flooring

TileLaminate

Construction

WoodSiding WoodFrame

Pool Features

Patio

Heating

CentralElectric (Heating)

Cooling

Central AirElectricCeiling Fan(s)

Questions & Answers

This 4-bedroom, 5-bathroom residential multi family at 3188 Shell Mound Boulevard is listed at $999,500. The estimated monthly payment is $4,331 based on 20% down at 6.5% interest.

Key features include: Built in 1972, 0.13 acre lot, 2 stories. Exterior Features: Fence, Patio, Storage.

This property is listed by Jessica Anderson and can be reached at 2394715067 or JessicaAnderson@compass.com.

JA

Jessica Anderson

Agent at Compass Florida LLC

(239) 471-5067

Listed by Compass Florida LLC · View on Broker Site

MLS# 2026023377· Source: listhub· Updated 6 days ago

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3188 Shell Mound Boulevard, Fort Myers Beach, FL 33931

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