Overview
Closing Costs Calculator- Status: Active
- Parking 0
- Size: 1,360 ft2/126.35 m2
- Price Per: $141.91 ft2/$1,527.53 m2
- Type: Single Family Home
- Built: 1948
- HOA: No info
- MLS Number: 224082393
- View Landscaped Area,Wooded Area
- On Site: 97 days
- Updated: 14 Days Ago
- Page Views: 2
Unfurnished Amazing Investment Opportunity in SWFL! Discover this exceptional property located just minutes from the vibrant downtown areas of Fort Myers and Cape Coral. Nestled on a generous .29-acre corner lot, this home boasts a prime location off Pondella Rd and US-41, making it ideal for both homeowners and investors alike. Key Features: Zoning for Duplex Multifamily: This property is zoned for multifamily use, allowing for the addition of an extra unit, maximizing your investment potential. Combine it with the neighboring lot at 1170 River Rd for an incredible opportunity to create up to four units! Fully Remodeled (2023): This home has undergone a comprehensive remodel, featuring brand-new electrical and plumbing systems, fresh paint, an updated kitchen, and a renovated bathroom. The roof was replaced in 2018, ensuring peace of mind for years to come. Cash Flow Potential: With a projected cash flow of over $8,000 MONTHLY, this property is not just a home; it's a smart financial investment. Additional Lot Opportunity: Purchase the neighboring lot at 1170 River Rd, which includes an existing garage that can be converted into a studio apartment, further enhancing your income potential. The garage is built with durable concrete block and has a new roof. Don’t miss out on this incredible opportunity to invest in one of SWFL’s most sought-after areas. Whether you’re looking to expand your portfolio or create a personalized living space, this property offers endless possibilities!
Contact AdvisorDevelopment Amenities
Development Amenities:
- Street Lights
Price History
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
01/04/2025 | Price Reduced | $193,000.00 | 3.5% | $141.91 ft2/$1,527.53 m2 |
12/05/2024 | Price Reduced | $199,999.00 | 2.4% | $147.06 ft2/$1,582.92 m2 |
10/27/2024 | Price Reduced | $205,000.00 | 6.8% | $150.74 ft2/$1,622.50 m2 |
10/14/2024 | Listed | $220,000.00 | $161.76 ft2/$1,741.22 m2 |
Features
Property Details for 100 Cabana, North Fort Myers, FL 33903
- Bedrooms
- Bedrooms: 2
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms: 1
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: Extra Building, Fruit Trees
- View: Landscaped Area,Wooded Area
- Interior, Heating and Cooling
- Interior Features: Other
- Appliances: Cooktop - Electric, Dryer, Microwave, Refrigerator/freezer, Washer, Washer/dryer Hookup
- Heating Description: Central Electric
- Cooling Description: No info
- Building and Construction
- Floor Description: Tile
- Windows/Treatment: No info
- Construction Type: Concrete Block
- Year Built: 1948
- Waterfront and Water Access
- Waterfront Property: No info
- Waterfront Frontage: No info
- Waterfront Description: None
- Water Access: No info
- Water Description: Assessment Paid
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: Cabana City
- Subdivision Name: CABANA CITY
- Property Type: Single Family Home
- Property Subtype: Residential
- Type of Association: Homeowners
- Garage Spaces: 0
- Listing Date: 10/14/2024
- Restrictions: None
- Pets Allowed: No
- Section: 11
- Brokered By: Coldwell Banker Realty
- Legal Description: CABANA CITY BLK K PB 8 PG 61 LOTS 61 THRU 67 INCL.
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $320.00 (2023)
- Real Estate Taxes: 320
- Style Tran: No info
- Special Information: No info
- Security Information: No info
- Pet Restrictions: No Approval Needed
- Unit Design: Single Family
- Front Exposure: No info
- Model Name: No info
- Previous List Price: No info
- Parking Description: No info