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1281 Barrett, North Fort Myers, Florida 33903
34 Sold
MLS# 222045979
Development: North Fort Myers
Subdivision: North Fort Myers
1281 Barrett,
North Fort Myers, Florida 33903
$415,000 $599,900
Beds: 5 Type: Multifamily

North Fort Myers: 40K REDUCTION! BRING AN OFFER. $60,540 annual income! Check out this multifamily complex on the market! This property features a quadplex, (4 units), and a separated 1 unit building. This property is sitting at a 6.5% Cap Rate with potential of a value add! The separate 5th unit includes a fridge, sink, stovetop, standing shower, toilet, & wall AC unit... Each standard unit of the quadplex is 1 bed 1 bath. 2 have wall A/c and 2 have central air. Cable is available. Unit 1 is remodeled, unit 2 is the largest unit with a den but no closet so it is still considered a 1/1. Units 3 & 4 are standard 1/1's. This property also features an oversized shop across from unit 4, which is currently used at storage. The Quadplex has a new roof installed. Water and electric is connected to 1 meter. All 5 units have tenants in place as well as property management in place. There is a shared common area for laundry on site. Please call with any questions I will answer them to the best of my knowledge. I have leases to share if needed. This Property has huge upside potential! Agents Please See Remarks in regards to showings.

30.8% DECREASE
(-$184,900)
DAYS ON MARKET: 679 CLOSING DATE:
02/21/2023
25 Mariana, North Fort Myers, Florida 33903
25 Sold
MLS# 222079204
Development: North Fort Myers
Subdivision: North Fort Myers
25 Mariana,
North Fort Myers, Florida 33903
$535,000 $575,000
Beds: 4 Type: Multifamily

North Fort Myers: BACK TO MARKET!! Amazing income opportunity! Fully renovated and all 4 properties leased for a year. 2 of the properties are completely in tiles, while 2 other are combined carpet and tiles; bathroom were renovated, kitchen refaced and the entire building was painted inside and outside. Each unit have a 1 bedroom, 1 bathroom, a large living are with kitchen and small dining area; at the backyard, has a open balcony with a large storage. Tenants with background check and signed contract. The property is located in Tamiami Trail and Pine Island Rd; 15 minutes from Fort Myers Downtown. All commercial areas is less than 15 minutes including restaurants, Walmart is less than a mile away and easy access to I-75. This is a money machine! ***REALTOR - read the confidential remarks***

7.0% DECREASE
(-$40,000)
DAYS ON MARKET: 537 CLOSING DATE:
03/22/2023
2182-2184 Lakeville, North Fort Myers, Florida 33917
32 Sold
MLS# 222057219
Development: Lakeville
Subdivision: Lakeville
2182-2184 Lakeville,
North Fort Myers, Florida 33917
$240,000 $275,000
Beds: 4 Type: Multifamily

Lakeville: Great investment opportunity in popular Lakeville Community. This income producing property is situated on an oversized corner lot with plenty of parking. Each unit includes a full kitchen and its own separate laundry room. The left Unit has been updated floor to ceiling, including the entire bathroom and kitchen. The other side is clean and move in ready. Lakeville is a quiet and friendly country neighborhood located near the Lee/Charlotte County line. Best of both worlds: Quick access to I-75, and minutes to shopping yet surrounded by nature.

12.7% DECREASE
(-$35,000)
DAYS ON MARKET: 636 CLOSING DATE:
12/08/2022
8030-8042 Cleaves, North Fort Myers, Florida 33903
45 Sold
MLS# 222084081
Development: Cleaves Corner Unrec Plat
Subdivision: Cleaves Corner Unrec Plat
8030-8042 Cleaves,
North Fort Myers, Florida 33903
$325,000 $295,000
Beds: 4 Type: Multifamily

Cleaves Corner Unrec Plat: HIGHEST AND BEST DUE BY MONDAY 11/28 at 7PM....with offers to be reviewed on 11/29......Investor alert!!! REHAB READY! Great opportunity to own a 4 unit complex at the best price. Remodeling is needed due to the recent hurricane floods. All drywall on walls was stripped down to studs. Entire interior needs new vertical drywall, kitchens, bathrooms, interior doors and trim, most of the flooring and new roof shingle on both buildings. Any future permitting, repairs, etc. will be the responsibility of the purchaser. Looking for more rehabs? Next door to this property is a 2 bedroom 1 bathroom home for sale that's also been cleared of it's drywall and components at 8050 Cleaves rd, make it 5 units in one spot! SW Florida is in need of annual rentals after the hurricane, the quicker you can get it ready the quicker it can help the area residents!

10.2% INCREASE
(+$30,000)
DAYS ON MARKET: 518 CLOSING DATE:
12/14/2022
25-27 Cypress, North Fort Myers, Florida 33903
14 Sold
MLS# 222087757
Development: Not Applicable
Subdivision: Not Applicable
25-27 Cypress,
North Fort Myers, Florida 33903
$288,000 $300,000
Beds: 4 Type: Multifamily

Not Applicable: Beautifully renovated duplex located between U.S. 41 and Pondella Rd. in North Fort Myers, FL. Currently has a tenant living on one side of the duplex with the second side available for owner occupancy or a second tenant. Great investment opportunity for those looking to add to their portfolio or for FHA buyers wanting to reduce their cost of ownership. Great location with easy access to local groceries, stores, the Caloosahatchee River, dining, entertainment, and more! Don't miss out!

4.0% DECREASE
(-$12,000)
DAYS ON MARKET: 499 CLOSING DATE:
02/08/2023
1746 Pacific, North Fort Myers, Florida 33903
13 Sold
MLS# 223006985
Development: Palmona Park
Subdivision: Palmona Park
1746 Pacific,
North Fort Myers, Florida 33903
$160,000 $186,000
Beds: 4 Type: Multifamily

Palmona Park: This property includes two lots, one with a double unit and one with a single unit. Address is 1746 Pacific Ave and 328 State St. This is a corner lot. Long term excellent tenants with a monthly combined rental income of $2,650. Land is zoned MH-1 AND TFC-2. Property is sold 'as is'. Very good rental area with long term tenants. Property is in a very convenient location close to Wal-Mart, Home Depot, and much more. Bus stop nearby. Quick commute to US 41 and I75.

14.0% DECREASE
(-$26,000)
DAYS ON MARKET: 452 CLOSING DATE:
02/28/2023
4432-4434 Ruthann, North Fort Myers, Florida 33917
25 Sold
MLS# 223017095
Development: Walsh Subdivision
Subdivision: Walsh Subdivision
4432-4434 Ruthann,
North Fort Myers, Florida 33917
$200,000 $225,000
Beds: 4 Type: Multifamily

Walsh Subdivision: 2/2 each side. Tile Throughout. Long-term Month-to-Month tenants occuppied. CASH ONLY due to age of roof.

11.1% DECREASE
(-$25,000)
DAYS ON MARKET: 414 CLOSING DATE:
04/10/2023
5898 Littlestone, North Fort Myers, Florida 33903
32 Sold
MLS# 223003255

Subdivision: Tropic Pines Condo
5898 Littlestone,
North Fort Myers, Florida 33903
$700,000 $749,000
Beds: 8 Type: Multifamily

Gorgeous Quadraplex located in a very nice area of North Fort Myers near DelPrado and Viscaya. On a quiet residential street with no thru traffic and upscale multifamily homes. All four units have been recently updated and are in excellent condition. Two Bedrooms and master bath are on the 2nd floor and both include a small walkout balcony. Living room, dining, kitchen, laundry and 1/2 bath are on the main floor. There is also a large lanai approx. 16x20 on each unit for cookouts, etc. (not screened in). Unit A is slightly upscale with custom tile and cabinets and can be sold as furnished. Behind the building is a large private back yard to enjoy. Owner is retiring and lives in unit A. Unit A should rent for approx. $1500 - 1700 per month. All tenants will be month to month by the end of April. This allows the new owner to change the rents or select new tenants if so desired. All three tenants are excellent payers never missing a rent payment or late! They would like to stay per our conversations. Rent break down: Unit A (Owner) $0 rent per month Unit B $1000 per month Unit C $1200 per month Unit D $1100 per month Littlestone Court is currently averaging $1300-1500 per month for 2/2 rentals **** Showings will be conducted by the owner to not disrupt tenants. ****Keep in mind this is a great 1031 investment

6.5% DECREASE
(-$49,000)
DAYS ON MARKET: 446 CLOSING DATE:
04/18/2023
446 San Bernardino, North Fort Myers, Florida 33903
18 Sold
MLS# 223066573
Development: Palmona Park
Subdivision: Palmona Park
446 San Bernardino,
North Fort Myers, Florida 33903
$220,000 $199,900
Beds: 4 Type: Multifamily

Palmona Park: Great long term rental investment opportunity in a high demand area. 2 separate units, first level is one bedroom, one bath and second level unit is a 3 bedroom 1 bath. Huge fenced in yard with electrical hookup. Close to all conveniences & 75. Quick close possible!

10.1% INCREASE
(+$20,100)
DAYS ON MARKET: 223 CLOSING DATE:
09/26/2023
51-55 Lake, North Fort Myers, Florida 33903
19 Sold
MLS# 223059599
Development: Cabana City
Subdivision: Cabana City
51-55 Lake,
North Fort Myers, Florida 33903
$400,000 $389,900
Beds: 5 Type: Multifamily

Cabana City: This great investment property is located at 51 Lake St, North Ft. Myers. Situated in a desirable location, this property offers immense potential for investors. Fully renovated ($100,000 +/-) in 2023 with 2 new AC, 2 walk in laundry rooms, granite counter tops, 2020 metal roof, and 2 large driveways w/ 2 car detached garage & Shed. This duplex offers a 3/2 on one side and a 2/1 on the other side with a 2 car detached garage and large store shed, this offers the perfect opportunity for an owner/user to collect rent! Upon entering, you are welcomed into a bright and inviting living space that is perfect for relaxation and entertainment. The well-appointed kitchen boasts modern appliances, ample storage space, and a convenient layout. The bedrooms are generously sized, providing comfortable living spaces for residents or tenants. The bathrooms are thoughtfully designed with modern fixtures and finishes, ensuring a luxurious experience. One of the standout features of this property is its outdoor area. Whether you are looking to expand your investment portfolio or create a comfortable home for your family, this great investment property at 51 Lake St.

2.6% INCREASE
(+$10,100)
DAYS ON MARKET: 242 CLOSING DATE:
09/29/2023
25-27 Cypress, North Fort Myers, Florida 33903
14 Sold
MLS# 223066108
Development: North Fort Myers
Subdivision: North Fort Myers
25-27 Cypress,
North Fort Myers, Florida 33903
$285,000
Beds: 4 Type: Multifamily

North Fort Myers: Income producing Duplex easy to manage brings in $36,000 gross income yearly. Tenant occupied currently with month to month leases at $1,500 per month per unit x2 . Impact resistant windows newly installed and fully remodeled with an effective year built status 2003. No showings will be allowed without prior notice to tenants. Viewings will be made possible at a given time that will be scheduled with POF qualified buyers. Priced to sell to first Buyers at asking price or above.

0 DAYS ON MARKET: 224 CLOSING DATE:
10/20/2023