Listing Courtesy of: Mason Gascot - Coldwell Banker Realty
239-263-3300
$205,000
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100 Cabana Ave North Fort Myers, FL 33903
Single Family
Residence
2
Beds
1
Baths
1,360
Sq. Ft.
0.29
Acre
Lot
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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. Donâ??t miss out on this incredible opportunity to invest in one of SWFLâ??s most sought-after areas. Whether youâ??re looking to expand your portfolio or create a personalized living space, this property offers endless possibilities!
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MLS#
224082393
Property Type
Single Family
Bedrooms
2
Bathrooms
1 Full
Year Built
1948
Square Feet
1,360
sq. ft
Lot Size
0.29
Stories
1.0
Sewer
Septic
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