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$1,450,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 0.138 Acres
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Rarely offered 4-unit QUAD in the weekly rental zone - Sun, Surf, Sea & Sand - a cash-flowing, canal-view property designed for strong returns and steady demand! This is more than real estate - it's a branded experience. 423 Lazy Way is a fully turnkey 4-unit property in Fort Myers Beach's coveted weekly vacation rental zone, where each residence carries its own identity: Sun, Surf, Sea, and Sand. Guests love the character, investors love the returns, and together they create a property that stands out in one of the island's hottest markets. With six bedrooms and six full baths across four distinct units, this canal-view gem blends lifestyle and income like no other. Upstairs, spacious residences open to covered balconies with tranquil water views. Downstairs, the coastal charm continues with inviting porches and a relaxed vibe that keeps guests coming back year after year. Along the canal, dolphin and manatee sightings only add to the magic. Meticulously maintained and upgraded - including a new roof (2023), new water heaters, and mini-split AC systems - the property is primed for long-term performance. Add in private parking, shared laundry, high-speed Wi-Fi, and smart TVs, and it's truly turnkey from day one. 423 Lazy Way isn't just Sun, Surf, Sea & Sand. It's a rare chance to own one of Fort Myers Beach's most intriguing income assets - where lifestyle and ROI come together unforgettably.

Full Property Details for 423 Lazy Way

General

  • Price: $1,450,000
  • Taxes: $4,666 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: Bonita_Springs
  • MLS ID: 225083358
  • Updated: 12/15/2025
  • Added to Site: 34 day(s) ago

Interior

  • Flooring: Tile, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: Common Area

Additional Information

  • Shared Amenities: Beach Access, Non-Gated

Exterior

  • Exterior Features: Outdoor Shower

Location

  • Area: FB04 - Avenida Pescadora to S.Bd
  • County: Lee
  • Subdivision: LAZY ACRES RANCHETTES UNREC SUBDIVISION
  • Building Name: LAZY ACRES RANCHETTES UNREC SUBDIVISION
  • Driving Directions: Realist Neighborhood Profile Realist Comparables Realist Market Trends Realist Assessor Map Forms Simplicity MLS Advantage

Community

  • Units Assoc/Comm: 4

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Electric
  • Heating Type: Central Electric

Utilities

  • Sewer: Central
  • Water: Central
  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • # Buildings: 1
  • Architectural Style: See Remarks
  • Description/Design: Quadruplex
  • Exterior Const.: Wood Frame, Vinyl Siding
  • Roof: Shingle
  • Windows: Double Hung, Jalousie
  • Stories/Levels: 2
  • Year Built: 1974

Lot Features

  • Lot Size (Acres): 0.138
  • Lot Size (Sq. Ft.): 6,011
  • Lot Size Source: Field Measurements
  • Lot Dimensions: 80 x 80 x 75 x 75
  • Frontage: Public Road
  • Frontage Feet: 80
  • Street/Road Desc.: Paved
  • Road Maintenance: County Maintained
  • Irrigation System: None
  • Lot Features: Regular
  • Zoning: TFC2
  • Lot Description: Regular

Water Features

  • Water Front Desc.: None
  • Canal Width: None

Financial Considerations

  • Tax Amount: $4,666
  • Tax Year: 2023
  • Terms: Buyer Finance/Cash
  • Tenant Pays: Other/See Remarks

Disclosures and Reports

  • Property ID: 33-46-24-W2-00001.005B
  • Section: 33
  • Block: 24E

Listed by Realty One Group MVP

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— 423 Lazy Way —

  • Realty One Group MVP

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 423 Lazy Way

School District:Lee County School District, Fort Myers, FL
NameGradesDistance
Fort Myers Beach Elementary School
2751 Oak Street, Fort Myers Beach, FL 33931
K-52 mi
Lexington Middle School
16351 Summerlin Road, Fort Myers, FL 33908
6-84.5 mi
Three Oaks Middle School
18500 Three Oaks Parkway, Fort Myers, FL 33967
6-87.7 mi
Cypress Lake Middle School
8901 Cypress Lake Drive, Fort Myers, FL 33919
6-87.8 mi
Estero High School
21900 River Ranch Road, Estero, FL 33928
9-127.2 mi
Cypress Lake High School
6750 Panther Lane, Fort Myers, FL 33919
9-127.5 mi
South Fort Myers High School
14020 Plantation Road, Fort Myers, FL 33912
9-128.3 mi
Bonita Springs Middle Center For The Arts
10141 West Terry Street, Bonita Springs, FL 34135
6-89.8 mi
Paul Laurence Dunbar Middle School
4750 Winkler Avenue, Fort Myers, FL 33966
6-812.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 423 Lazy Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/15/2025
Listed
$1,450,000
104.23%
MLS
7/20/2020
Sold
$710,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 423 Lazy Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,710
1%
$806,030
26%
2024
$9,599
106%
$641,328
156%
2023
$4,666
-38%
$250,918
-45%
2021
$7,503
-17%
$456,857
-31%
2022
$9,039
20%
$664,393
70%
2021
$7,503
224%
$390,033
172%
2019
$2,317
-9%
$143,658
-20%
2018
$2,536
-2%
$178,843
-16%
2017
$2,590
2%
$212,615
4%
2016
$2,535
6%
$204,300
-22%
2015
$2,384
-6%
$263,309
12%
2014
$2,540
1%
$235,697
8%
2013
$2,512
—
$219,192
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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423 Lazy Way, Fort Myers Beach, FL 33931 (MLS# 225083358) is a Multi-Family property with 4 units containing 6 bedrooms and 6 full bathrooms. 423 Lazy Way is currently listed for $1,450,000 and was received on December 15, 2025. Want to learn more about 423 Lazy Way? Do you have questions about finding other Multi-Family real estate for sale in Fort Myers Beach? You can browse all Fort Myers Beach real estate or contact a Coldwell Banker agent to request more information.

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