UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,008 sqft
Price per Sqft $173
Subdivision Fort Myers
MLS Listing ID 226017691
Style Ranch,One Story
Bedrooms 3
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1991
Annual Tax Amount $2,860
Tax Year 2025
Lot Size 0.261 Acres
Acres 0.261
Lot Dimensions Appraiser
Property Sub-Type Single Family Residence
Property Description
This property features a functional and efficient layout with excellent bones, making it an ideal candidate for a light to moderate renovation project. With an estimated rehab budget of approximately $40,000, investors can unlock a projected After Repair Value (ARV) of up to $300,000, creating a compelling spread and strong return on investment. Whether you're looking to renovate and resell quickly or hold as a cash-flowing rental, the numbers and location support multiple exit strategies.
Located just minutes from the vibrant River District, you're within walking or short driving distance to popular bars, restaurants, entertainment, and cultural attractions that define the appeal of Downtown Fort Myers. This walkable lifestyle factor significantly boosts resale desirability and rental demand. The surrounding area continues to see consistent revitalization, investor activity, and appreciation trends, making this a strategic acquisition in a growing market.
The expansive lot offers additional flexibility for enhancements such as outdoor living spaces, potential additions, or simply increased privacy and curb appeal—features that today's buyers value and are willing to pay a premium for. Easy access to major roadways allows for convenient commuting throughout Fort Myers and neighboring areas, further strengthening the property's marketability.
Offered at $179,990 this opportunity is priced to move and attract serious investors looking for their next profitable project in a high-demand location. Properties with this combination of price point, lot size, and proximity to downtown amenities are becoming increasingly scarce.
Act fast—opportunities like this in Fort Myers don't last. Secure your next deal with strong upside potential in a market that continues to perform.
Location
State FL
County Lee
Community Fort Myers
Area Fe02 - East Fort Myers Area
Direction Northeast
Rooms
Bedroom Description 3.0
Interior
Interior Features Bedroom on Main Level, Family/ Dining Room, Living/ Dining Room, Other, Tub Shower, Split Bedrooms
Heating Central, Electric
Cooling Ceiling Fan(s)
Flooring Tile
Furnishings Unfurnished
Fireplace No
Window Features Single Hung
Exterior
Exterior Feature None
Parking Features Attached Carport
Carport Spaces 1
Community Features Non- Gated
Utilities Available Cable Not Available
Amenities Available None
Waterfront Description None
Water Access Desc Public
Roof Type Tile
Garage No
Private Pool No
Building
Lot Description Oversized Lot
Faces Northeast
Story 1
Sewer Public Sewer
Water Public
Architectural Style Ranch, One Story
Structure Type Block,Concrete,Stucco
Construction Status Resale
Others
Pets Allowed Yes
HOA Fee Include Other
Senior Community No
Tax ID 13-44-24-P3-00608.0170
Ownership Single Family
Acceptable Financing Cash
Listing Terms Cash
Pets Allowed Yes
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