About This Property

Rare investment opportunity in South Fort Myers. This 4-plex offers strong value-add potential, with two of the four units currently occupied and generating $32,340 per year in rental income. Each unit features 2 bedrooms, 1 bathroom, and approximately 852 sq ft of living space. Units include refrigerator, stove, washer, dryer, and dishwasher, along with a screened lanai. No major repairs are needed, providing a solid foundation for future upgrades and rent increases. The property offers 7 dedicated parking spaces and is located approximately 10 minutes from Fort Myers Beach, close to convenience stores and daily amenities. Leases were recently renewed, providing stable income for the new owner. This is an excellent opportunity for investors seeking long-term growth, rental optimization, or a strong value-add strategy in a desirable location.

Key Features

• 0.33 Acres Lot
• Built in 1980

Property Details

• Type: Single Family Home
• Year Built: 1980
• Lot Size: 0.33 sq ft
• Sq Ft: 3,408
• Price / Sq Ft: $188
• HOA: Contact Agent
• Bedrooms: 8
• Bathrooms: 4
• Feature: 0.33 Acres Lot
• Feature: Built in 1980
• Status: Active
• MLS Number: b8efb154916bad161dd589892f5626ae
• Days on Market: 62
• Listed By: KEYRENTER FORT MYERS · Francis Bourassa
• Zip Code: 33908