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    1011 3rd Street , 1-4

    Fort Myers Beach, FL 33931
    • $1,195,000
    • STATUS: Active
    • ON SITE: 12 days
    • MLS #: 221029957
    UPDATED: 16 min ago
    $1,195,000
    • 5
      BEDS
    • 0.07
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1972
    County:
    Lee

    School Ratings & Info

    Description

    Great Income Producing Turnkey 4-PLEX with NIGHTLY rentals that is a rare find on Fort Myers Beach. $100K+ Annual Revenue Projected! Professional management in place. Brand new metal roof in 2020, gutters. Entire property has been upgraded inside and out. Interior recently remodeled with fresh paint, new furnishings, vinyl planking flooring on the 1st floor units. This means lower capital expenditures and maintenance for the new owner. Guests can walk to the Sugar sand beach, Times Square, the pier, restaurants, nightlife, shopping everything that makes vacationing in Ft Myers Beach Perfect. Nightly QUADRAPLEX properties are in short supply and vacation rental demand is soaring. This location is near the planned Margaritaville Resort which offers both an upside to increase the rental income and value appreciation. Great opportunity to add to your rental portfolio.

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    © 2021 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Clausen Properties, Inc.. Data last updated 2021-05-16T19:31:54.52.
    www.clausenproperties.com/homes/116696142
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    1011 3rd Street , 1-4 Fort Myers Beach, FL 33931

    • Price: $1,195,000
    • Status: Active
    • Updated: 16 min ago
    • MLS #: 221029957
    5
    Beds
    4
    Baths
    0
    ½ Baths
    0.07
    Acres
    1972
    Built
    Neighborhood:
    Business Center
    County:
    Lee
    Area:
    Fb01 - Bodwitch Pointe To Cresce
    Property Description
    Great Income Producing Turnkey 4-PLEX with NIGHTLY rentals that is a rare find on Fort Myers Beach. $100K+ Annual Revenue Projected! Professional management in place. Brand new metal roof in 2020, gutters. Entire property has been upgraded inside and out. Interior recently remodeled with fresh paint, new furnishings, vinyl planking flooring on the 1st floor units. This means lower capital expenditures and maintenance for the new owner. Guests can walk to the Sugar sand beach, Times Square, the pier, restaurants, nightlife, shopping everything that makes vacationing in Ft Myers Beach Perfect. Nightly QUADRAPLEX properties are in short supply and vacation rental demand is soaring. This location is near the planned Margaritaville Resort which offers both an upside to increase the rental income and value appreciation. Great opportunity to add to your rental portfolio.
    Exterior Features

    Architectural Style Duplex Construction Materials Aluminum SidingBlockFrameConcrete Covered Spaces 0 Exterior Features DeckPatioStorage Irrigation Source None Lot Features Rectangular Lot Lot Size Dimensions 39 X 79 X 39 X 80 Patio And Porch Features DeckPatio Roof Metal Structure Type QuadruplexDuplex Waterfront Features None Waterfront YN No

    Interior Features

    Cooling Ceiling Fan(S)Wall Unit(S) Flooring TileVinyl Heating None Laundry Features Common Area Window Features JalousieSliding

    Property Features

    Association Amenities LaundryNoneBarbecuePicnic Area Association Fee 0 Association Fee2 0 Community Features Non-Gated Development Name BUSINESS CENTER Gross Scheduled Income 108000 Gulf Access YN 0 Land Lease Amount 0 Listing Terms All Financing ConsideredCash Net Operating Income 68000 Operating Expense 40000 Pets Allowed Yes Pool Private YN No Potential Short Sale YN N Property Condition Resale Property Sub Type Duplex Restrictions Road Responsibility Public Maintained Road Sewer Public Sewer Spa YN No Tax Annual Amount 4564 Tax Block 2 Tax Lot 6 Tax Year 2020 Tenant Pays Janitorial Service Water Source Public Zoning Description C-1

    Listing courtesy of Christian Fautz of Mvp Realty Associates Llc.


    © 2021 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Clausen Properties, Inc.. Data last updated 2021-05-16T19:31:54.52.
     
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