Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $190,000-$210,000
• Estimated Rehab: $25,000-$40,000
• Comparable Rent: $1,300-$1,400
• Construction: Frame
• Occupancy: Call your Agent
• Comp 1: 2702 N 2ND ST, NORTH FORT MYERS, FL 33917 (3/1, 680 sqft) PENDING $199k (1955 build, frame, clean basic remodel, 0.33 acres, smaller than subject property)
• Comp 2: 2256 FLAMINGO DR, NORTH FORT MYERS, FL 33917 (3/1, 938 sqft) SOLD $232k in JULY 2022 (1957 build, frame, fully renovated, in-ground pool)
• Comp 3: 1934 FLAMINGO DR, NORTH FORT MYERS, FL 33917 (3/2, 1,100 sqft) SOLD $220k in APRIL 2022 (1972 build, cbs, clean basic finishes, 1 car garage)
• Comp 4: 40 VICTORIA DR, NORTH FORT MYERS, FL 33917 (3/2, 925 sqft) PENDING $199k, 17 DOM (1959 build, cbs, partially updated)
• Comp 5: 144 WHIDDEN RD, NORTH FORT MYERS, FL 33917 (2/1, 1,018 sqft) SOLD $200k in JUNE 2022 (1971 build, cbs, unknown interior condition)
• Rehab Description: For a flip or rental, this needs cosmetic updates to the kitchen, bath, flooring, appliances and trim/fixtures. Metal roof has no apparent visual evidence of leaking but needs power washing. Central AC is not working and property has 3 newer window units. Plumbing and electrical in good working order but may need attention. Deep clean interior and apply fresh interior paint.
• Features: Rare find in North Fort Myers with upside! This 3 bedroom, 1 bathroom cottage home features 912 sqft of living space, an enclosed porch, fenced yard, and sits on a 0.27-acre lot. Being offered vacant at close in a non-HOA community. This is a unique deal with plenty of upside. Conveniently located near Hwy 41, I-75, and minutes from the Caloosahatchee River and just a short drive to the beautiful beaches of the Gulf of Mexico!
• Important Details: --> VACANT AT CLOSING!
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab