Cabana City, 100 Cabana Ave North Fort Myers, 33903

220,000(-6.82% )
$205,000Price
2Beds
1Baths
1,360SqFt

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Details

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Status:
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Parking: No info
Size: 1,360 ft2 / 126 m2
Price: $151 ft2 / $1,623 m2
Built: 1948
HOA: N/A
MLS Number: 224082393
View: Landscaped Area, Trees/Woods
Updated: 2 Days ago
Page Views: 0
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!
Features
Bedrooms
Bedrooms: 2
Bathrooms
Bathrooms: 1
Half Bathrooms: No info
Exterior and Lot Features
Exterior Features: No info
View: Landscaped Area, Trees/Woods
Price History
10/27/2024

Date

Price Reduced

Event

$205K

Price

-6.82%

Change Rate

$151 ft2 / $1,623 m2

Price Per

10/14/2024

Date

Listed

Event

$220K

Price

$162 ft2 / $1,741 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Mason GascotColdwell Banker Realty • Buyer Agency Compensation .

Instant Comparative Market Analysis
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Unit 100 Cabana Ave – Asking

$151/ft²

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Closed Medium $/ft²

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Community $/Price Range (Closed) $NaN/ft² – $NaN/ft²
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