100 Cabana Avenue, North Fort Myers, FL 33903
- 1,360 Sq Ft ($142 per sqft)
- 2
- 1
ID: 224082393
For Sale
:
$193,000
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!
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
View:
- N
Amenities:
- None
Financial Information:
- Taxes: $320.77
- Tax Year: 2023
Room Dimensions:
- Laundry: Washer Hookup,Dryer Hooku
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
Waterfront Description:
- None