Active
100 Cabana AVE
North Fort Myers FL, 33903
$220,000
$161.76 per sqft
Active
2 Beds
1 Bath
1,360 sqft
Residential
Built in 1948
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; it's 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!
224082393
MLSⓇ ID
October 14, 2024
Listed
October 15, 2024
Updated
Map
100 Cabana AVE
North Fort Myers FL, 33903
Interior Features
Total Stories
1
Bedrooms
2
Total Bathrooms
1
Full Bathrooms
1
Interior Features
Separate/Formal Dining Room, Eat-in Kitchen, Living/Dining Room, None, Other, Split Bedrooms
Appliances
Dryer, Electric Cooktop, Freezer, Microwave, Refrigerator, Washer
Laundry Description
Washer Hookup, Dryer Hookup
Floor Description
Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Ceiling Fan(s), Electric
Heating
Yes
Heating Description
Central, Electric
Exterior/Building Features
Lot Size
0.29 Acres
Exterior Features
Fruit Trees, Other
Lot Features
Corner Lot, Oversized Lot
Architectual Style
None, Ranch, One Story
Roof
Shingle
Sewer
Septic Tank
Other Property Details
Area Name
FN06 - North Fort Myers Area
Taxes
$321
Tax Frequency
Annually
Days on Market
1
Association Amenities
None
Garage
No
View
Yes
View Description
Landscaped, Trees/Woods
County
Lee
Water Source
Assessment Paid
Pool
No
Listed by Mason Gascot, Coldwell Banker Realty
Listing Contact: 717-683-7074
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Adolfo Diaz shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 11:51 PM UTC, 10/15/2024