Property Details
Price: $205,000
Sq Ft: 1,360
($151 per sqft)
Bedrooms: 2
Bathrooms: 1
City:North Fort Myers
County:Lee
Type:Single Family
Development:Cabana City
Subdivision:Cabana City
Acres:0.29
Year Built:1948
Listing Number:224082393
Status Code:A-Active
Taxes:$320.77
Tax Year: 2023
Garage: 0.00
/ N
Furnishings: Unfurnished
Pets Allowed: Yes
Total Recurring Fees: $0
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Equipment:
Dryer
Electric Cooktop
Freezer
Microwave
Refrigerator
Washer
Interior Features:
Separate Formal Dining Room
Eat In Kitchen
Living Dining Room
None
Other
Split Bedrooms
Exterior Features:
Fruit Trees
Other
Boat Access:
Dock: Y
Slip: Y
View:
N
Waterfront Description:
None
Amenities:
None
Financial Information:
Taxes: $320.77
Tax Year: 2023
Approx. Total Annual Fees: $0.00
Room Dimensions:
Laundry: Washer Hookup,Dryer Hooku
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Amazing Investment Opportunity in SWFL!Discover this exceptional property located just minutes from the vibrant downtown areas of Fort Myers and Cape Coral. Nestled on a generous .29-acre corner lot, this home boasts a prime location off Pondella Rd and US-41, making it ideal for both homeowners and investors alike.Key Features:Zoning for Duplex Multifamily: This property is zoned for multifamily use, allowing for the addition of an extra unit, maximizing your investment potential. Combine it with the neighboring lot at 1170 River Rd for an incredible opportunity to create up to four units!Fully Remodeled (2023): This home has undergone a comprehensive remodel, featuring brand-new electrical and plumbing systems, fresh paint, an updated kitchen, and a renovated bathroom. The roof was replaced in 2018, ensuring peace of mind for years to come.Cash Flow Potential: With a projected cash flow of over $8,000 MONTHLY, this property is not just a home; its a smart financial investment.Additional Lot Opportunity: Purchase the neighboring lot at 1170 River Rd, which includes an existing garage that can be converted into a studio apartment, further enhancing your income potential. The garage is built with durable concrete block and has a new roof.Don’t miss out on this incredible opportunity to invest in one of SWFL’s most sought-after areas. Whether you’re looking to expand your portfolio or create a personalized living space, this property offers endless possibilities!
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Additional Information:
Building Description: None, Ranch, One Story
MLS Area: Fn06 - North Fort Myers Area
Total Square Footage: 1,360
Total Floors: 1
Water: Assessment Paid
Lot Desc.: Corner Lot, Oversized Lot
Construction: Block, Concrete, Stucco
Short Sale: No
Date Listed: 2024-10-14 09:01:46
Pool: N
Private Spa: N
Furnished: Unfurnished
Windows: Single Hung
Garage Description: N
Garage Spaces: 0
Attached Garage: N
Flooring: Tile
Roof: Shingle
Heating: Central, Electric
Cooling: Central Air, Ceiling Fans, Electric
Fireplace: N
Storm Protection: Other
Laundry: Washer Hookup, Dryer Hooku
Irrigation: Reclaimed Water
55+ Community: N
Pets: Yes
Restrictions: No Restrictions
Sewer: Septic Tank
Amenities: None
Map of 100 Cabana Avenue, North Fort Myers, FL 33903
Listing Courtesy Of: Coldwell Banker Realty
masonsellshomes19@gmail.com