
Exceptional Investment Opportunity. This is a BUNDLE OF TEN RESIDENTIAL PROPERTIES with at least 7% Cap Rate. Take advantage of this outstanding cash-flowing investment opportunity strategically located near downtown Fort Myers and the historic River District. This portfolio is perfect for investors looking to enhance their assets with reliable, revenue-generating properties. The portfolio includes 10 properties total, 8 are fully leased, with annual contracts, providing stable and consistent cash flow, and 2 are currently vacant. The two properties that are currently vacant are: 12313 3rd St, which previously rented for $2,800 per month, and 1015 Alderman, which rented for $3,200 per month. Both offer immediate potential for income generation. Many of the homes in this bundle have been thoughtfully updated, showcasing new flooring, modern kitchens, fresh exterior paint, and several properties boasting brand-new roofs. Each home represents an incredible opportunity for investors aiming to expand their portfolios with high-quality, income-producing properties. Don’t miss out on your chance to secure this lucrative investment with strong returns. For further details, please refer to the remarks. Act quickly—opportunities like this are highly sought after and won’t last long!
Property Details
Price:
$2,495,000
MLS #:
225036187
Status:
Active
Beds:
0
Baths:
0
Address:
487 Mississippi AVE
Type:
Commercial
City:
FORT MYERS
Listed Date:
Apr 8, 2025
State:
FL
ZIP:
33905
Lot Size:
7,013 sqft / 0.16 acres (approx)
Year Built:
1958
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
More About CENTURYMortgage Calculator
Schools
Interior
Exterior
Financial
Tax Year
2024
Taxes
$2,154
Map
Community
- Address487 Mississippi AVE FORT MYERS FL
- CityFORT MYERS
- CountyLee
- Zip Code33905
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487 Mississippi AVE
FORT MYERS, FL
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