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8050 Cleaves Rd, North Fort Myers, FL 33903
8050 Cleaves Rd, North Fort Myers, FL 33903
SOLD! $69,990 - Single Family
684 Sq Ft 2 Bedrooms 1 Bathroom 1935 Year Built .27 Acre Lot

Additional Details

  • Ideal Investment Strategy: Rental/Resale
  • Potential ARV: $145,000-$160,000
  • Estimated Rehab: $40,000-$50,000
  • Comparable Rent: $1,000-$1,100
  • Construction: CBS
  • Occupancy: Call your Agent
  • Comp 1: 1251 SABAL GARDENS DR, NORTH FORT MYERS, FL 33903 - 2/1 912 sqft SOLD $150k OCTOBER 2022 (1962 build, unknown condition, 1 car garage)
  • Comp 2: 30 CYPRESS ST, NORTH FORT MYERS, FL 33903 - 2/1 768 sqft SOLD $165k JUNE 2022 (1944 frame build, renovated, and no garage)
  • Comp 3: 1194 ORANGE AVE, NORTH FORT MYERS, FL 33903 - 2/1 910 sqft SOLD $172k APRIL 2021 (1958 build, dated needs attention, and no garage)
  • Comp 4: 84 CABANA AVE, NORTH FORT MYERS, FL 33903 - 2/1 914 sqft SOLD $175k JUNE 2022 (1956 build, unknown conditino, and no garage)
  • Comp 5: 449 ELLIS ST, NORTH FORT MYERS, FL 33903 - 2/1 567 sqft SOLD $159k SEPTEMBER 2022 (1925 build, partially updated, no garage)
  • Comp 6: 178 EVERGREEN RD, NORTH FORT MYERS, FL 33903 - 2/1 624 sqft SOLD $113k OCTOBER 2022 (1961 build, dated, with carport)
  • Rehab Description: For a flip or rental this needs rehab and mold remediation done throughout the house and drywall. Fixtures, some of the flooring, and trim require attention. Flooding occured on the interior of the home. Roof was replaced in 2020 and appears to be in great condition. Central air may need to be serviced, but appears to be in good visual condition. Renovate the interior, deep, clean, and do some light landscape to boost appeal!
  • Features: Attractive deal in North Fort Myers! This 2 bedroom, 1 bathroom home features 684 living sqft, granite counter tops in the kitchen, is located adjacent to the quadplex as a package deal, and sits on a large .27 acre lot. Being offered vacant at close and ready for renovation as a flip or an excellent accompanying rental!
  • Important Details: --> VACANT! --> Optionally, can be sold as a package deal with the adjacent parcel Quadplex - 8030-8042 Cleaves Rd, North Fort Myers, FL 33903 - $299,990 Total Package Price
  • Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab
Property Location