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127-129 Fairweather Ln, Fort Myers Beach, FL, 33931

3beds
2baths
1,210sqft
$749,000
$619price/sqft
$5,028/moest. monthly cost
$201,120/yrincome needed

About This Home

Premier Poolside Vacation Rental Duplex on Fort Myers Beach A rare opportunity to own a high-performing vacation rental duplex on iconic Fort Myers Beach—complete with a private heated pool and steps from the sugar-sand shoreline. This beautifully maintained property delivers exceptional income and consistent bookings year-round, making it an ideal investment for anyone seeking turnkey cash flow in one of Southwest Florida’s hottest coastal markets. Each unit is tastefully furnished and fully equipped, offering bright open living spaces, updated kitchens, modern bathrooms, and tropical décor that guests love. The highlight is the fenced backyard oasis featuring a sparkling pool, sun loungers, and lush landscaping—an exclusive amenity that sets this property apart and drives premium nightly rates. Located in a highly desirable weekly rental street, this area is close to beach access, restaurants, bars, boat rentals, and the revitalized Times Square entertainment district. This duplex keeps guests coming back year after year. With strong financials, proven vacation-rental performance, and unbeatable proximity to the beach, this is the perfect opportunity for an investor looking to scale their portfolio with a top-tier Fort Myers Beach asset.

Getting Around

57
WalkingSomewhat Walkable
0
TransitVery Limited Transit
69
BikeBikeable

Schools

3/10
Lexington Middle SchoolGrades 6-83.8 mi
5/10
Cypress Lake High SchoolGrades 9-126.8 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1957

Materials

  • Roof: Built-Up,Flat
  • Construction materials: Block,Concrete,Stucco

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Window features: Impact Glass
  • Flooring: Tile

Heating & Cooling

  • Heating features: Window Unit
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,210
  • Total interior livable area: 1,210 sqft

Property

Details

  • Parcel number: 194624W30110C.0060
  • Lease amount: 0
  • Zoning description: RM-2

Features

  • Private pool: Yes
  • Pool features: Concrete,Electric Heat,Heated
  • Exterior features: None
  • Waterfront features: None

Lot

  • Lot size: 6,708 sqft
  • Features: Oversized Lot
  • Lot size dimensions: 75 x 96 x 75 x 96

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
Tsunami

FEMA Declared Disasters in Lee County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,787$45,444
Home Insurance *$558$6,696
Property Taxes $486$5,832
Electricity $197$2,366
Total$5,028$60,336
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$172,388/yr
40% on housing$150,840/yr
45% on housing$134,080/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.2%
15.2%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$619This listing

vs Other Active Listings

Avg $/sqft

ZIP 33931$620
Lee County$283

vs Homes Sold Last Month

Median $/sqft

ZIP 33931$520
Lee County$222

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-11-15Listed for sale$799,000
2023-05-07Listing removed--
2023-03-10Price change$825,000
2023-01-08Price change$960,000
2022-12-07Listed for sale$990,000

For Sale by Agent

AgentDaniel Clarkston
BrokerageDomainRealty.com LLC

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