tomo logo

$1,699,000

Beds
6
Baths
6.0
sq ft
Unknown

423 Lazy Way, Fort Myers Beach, FL 33931

423 Lazy Way

FORT MYERS BEACH, FL 33931

  • 40 days on market
Are you dreaming of a beachside retreat where Shore, Sand, Shell, and Sea come to life? Look no further than 423 Lazy Way, a rarely available multi-unit property in the heart of the WEEKLY VACATION RENTAL ZONE—offering six bedrooms and six full baths across four beautifully designed units. This is more than just a slice of paradise; it’s a coastal getaway that effortlessly generates strong revenue, giving you the freedom to enjoy it while reaping the rewards when you’re away. Upstairs, each of the two spacious 2-bedroom, 2-bath units showcases an open-concept layout, quartz countertops, and a spa-inspired Shower Panel Tower System, creating a luxurious yet comfortable retreat. Step onto your private covered balcony and take in the peaceful canal views while savoring the Gulf breeze. Whether you're whipping up a seafood feast from a fresh local catch or simply unwinding after a sun-soaked day, these units deliver the perfect balance of relaxation and convenience. On the ground floor, two 1-bedroom, 1-bath retreats offer granite countertops, screened porches for added privacy, and a cozy ambiance perfect for guests seeking a tranquil escape. Situated in a quiet yet thriving neighborhood that blends year-round residents with vacation-goers, 423 Lazy Way offers not only a prime rental location but also regular sightings of dolphins and manatees—a true bonus for guests and owners alike! Rest easy knowing this property is well-maintained with a new roof (installed 10/23), new water heaters, and mini-splits in the lower units for optimal comfort. Additional perks include a shared laundry area, private parking, high-speed internet, and smart TVs, ensuring a seamless experience for all who stay. Whether you're looking for a vacation home that pays for itself, a high-performing rental property, or a blend of both, 423 Lazy Way checks every box. Embrace the best of Shore, Sand, Shell, and Sea, and let your barefoot beach dreams—and thriving returns—become reality!

Details

Property type

Quadruplex

Est. home value

$1,177,079

Lot size

6,011 sq ft

Price per sq ft

Unknown

Year built

1974

Annual property taxes

$4,666.15

Price History

01/14/2025
NABOR

NABOR #225005291

Listed
$1,699,000
+139.3%
07/21/2020
NABOR

NABOR #220033354

Sold
$710,000
+66.45%
04/29/2019
NABOR

NABOR #219003878

Sold
$426,550

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Farmers Bank & Trust

Loan start date

February 2021

Original loan amount

$537,800

Est. remaining balance

$489,346

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

Raju Narasimha Kalidindi and Rama U Kalidindi

Lender

Farmers Bank & Trust

Loan start date

February 2021

Original loan amount

$537,800

Est. remaining balance

$489,346

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

Raju Narasimha Kalidindi and Rama U Kalidindi

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
NABOR
$1,850,000
6 bd
|
6 ba
|

253 Tropical Shores Way Unit 255, Fort Myers Beach, FL 33931

NABOR
$1,595,000
10 bd
|
7 ba
|

16020 Dublin Cir Unit 1, Fort Myers, FL 33908

Price drop
NABOR
$1,840,000
6 bd
|
6 ba
|

5241 Estero Blvd, Fort Myers Beach, FL 33931

Status: Active

Tomo last checked: 02/23/2025 at 2:20 AM

Listing updated: 02/22/2025 at 7:15 AM

Listed by: J Alex King, Premiere Plus Realty Company Phone #: (239) 732-7837

MLS: NABOR #225005291

NABOR logo