Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $155,000-$170,000
• Estimated Rehab: $8,000-$15,000
• Comparable Rent: $1,600-$1,700
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 3419 Winkler Ave APT 509, Fort Myers, FL 33916 - 1/1 655 sqft SOLD $159,000 on 12/12/2022 (1994 build, same condo complex, basic/clean updates)
• Comp 2: 3407 Winkler Ave APT 313, Fort Myers, FL 33916 - 1/1 655 sqft SOLD $160,000 on 10/12/2022 (1994 build, same condo complex, basic/clean updates)
• Comp 3: 3401 Winkler Ave APT 108, Fort Myers, FL 33916 - 1/1.5 684 sqft SOLD $160,000 on 10/12/2022 (1994 build, same condo complex, clean/very basic updates)
• Rental Comp 1: 3407 Winkler Ave APT 316, Fort Myers, FL 33916 - 1/1 655 sqft RENTED $1,750 on 06/07/2023 (1994 build, same condo complex, clean/updated finishes)
• Rental Comp 2: 2865 Winkler Ave Apt 417, Fort Myers, FL 33916 - 1/1 662 sqft RENTED $1,400 on 03/31/2023 (1985 build, different/less desirable condo complex, clean/basic finishes)
• Rehab Description: For a flip or rental this needs a deep clean and minor cosmetics. It will need paint, fixtures appliances and a deep clean. Central A/C requires attention and is currently not working. Carpets in rooms are newer but could be replaced to lvp or vinyl to maximize appeal.
• Features: ATTRACTIVE PRICE POINT apartment in Fort Myers!!! This one bed one and a half bath unit sits in the desirable Renaissance Condominium community including a swimming pool, gym, and BBQ area. With Minimal work this unit works as a great cash flowing rental or quick flip. With multiple exit strategies, and being offered at a great price with upside you do not miss this opportunity!
• Important Details: --> HOA $217/mo fee includes pool, exercise room, and clubhouse.
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab