Cabana City 100 Cabana North Fort Myers, FL 33903
Overview
- Status: Active
- Bed(s) 2
- Bath(s) 1
- Half Bath(s) 0
- Parking 0
- Size: 1,360 ft2/126.35 m2
- Price Per: $142.00 ft2/$1,527.53 m2
- Type: Single Family Home
- Built: 1948
- HOA: No info
- MLS Number: 224082393
- View Landscaped Area,Wooded Area
- On Site: 96 days
- Updated: Listing Refreshed: 14 Days Ago
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!
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 |
Contact Information
This property is courtesy of the Coldwell Banker Realty. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.