Additional Details

• Important Details: --> Assume M2M tenants at $1500/MO --> Flood Zone X (No flood insurance needed) --> 2018 Roof
• Features: This 3/2 home with 1,353 SQFT presents a textbook flip opportunity in Fort Myers at a strong entry point under 125k. The property is currently occupied with month-to-month tenants at $1,500/month, allowing for flexibility to either keep cash flow in place or deliver vacant for renovations. It features a 2018 roof, is located in Flood Zone X (no flood insurance required), and sits on a fenced-in yard, adding resale appeal. Competing against older, dated inventory, a clean cosmetic renovation would position this property well to maximize resale value in a desirable Fort Myers pocket.
• Potential ARV: $250,000-$260,000
• Rehab Description: For a flip or rental, this property will require a full rehab. On the exterior, the 2018 roof is in good condition, providing a solid starting point. Install central AC to bring the home up to market expectations. Inside, modernize the space by updating the flooring, kitchen, bathrooms, and fixtures/trim. Complete the renovation with fresh interior and exterior paint, a deep clean, and landscaping to enhance curb appeal and maximize overall value.
• Comparable Rent: $1500-$1700/MO
• Ideal Investment Strategy: Resale/Rental
• Construction: CBS/FR
• Comp 1: 927 Coconut Dr, North Fort Myers, FL 33903 4/2 1520 SQFT 1960 Build SOLD @ $275,000 12/3/25 (Slightly bigger/fully updated)
• Comp 2: 888 Ridgeway Dr, North Fort Myers, FL 33903 3/2 1118 SQFT 1977 Build SOLD @ $235,000 11/12/25 (Clean with some updates)
• Comp 3: 924 Jolly Rd, North Fort Myers, FL 33903 3/2 1311 SQFT 1978 Build SOLD @ $251,000 11/5/25
• Comp 4: 947 Happy RD, NORTH FORT MYERS, FL 33903 3/2 1050 SQFT 1977 Build SOL @ $255,0000 10/23/25 (Updated)
• Comp 5: 1127 Lovely Ln, North Fort Myers, FL 33903 3/2 1075 SQFT 1979 Build SOLD @ $249,000 8/8/25 (Smaller)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money