161 / 163 Mango Street, SEAGRAPE COLONYFort Myers Beach, FL 33931Price: $1,999,000

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.