Listing Courtesy of: Evan Perrett - CENTURY 21 RE CHAMPIONS
727-398-2774
$1,500,000
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6258 Presidential Court Fort Myers, FL 33919
Multi-Family
Residence
11
Beds
11
Baths
5,633
Sq. Ft.
1
Acre
Lot
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Seller financing available with 60% down. Open to creative options/terms. Everyone who has been looking for value add multifamily listen up! This is the diamond in the rough you've been searching for with an amazing location right off of college parkway, located right next to multiple colleges, high... end dining, shopping, and lifestyle. Easy commute to Cape Coral, Sanibel Island, and Fort Meyers beach. This property will be a cash cow! Ideal for an investor/builder/developer, if you are all 3 you are sure to make a killing on this deal. Property was previously an office building; it currently sits as a blank canvas ready to be put together. It has been re zoned for an 11-unit apartment complex. The proposed plan has (3) one bedroom 1 baths, (4) 2 bedroom and 1 bath, and (4) studio units. Estimated cost of construction to build the project is $750,000. Plans and permits to build out the 11 units are included in the sale and can be shared with prospective buyers. You can make this student housing, Airbnb's, long term rentals or a mix. Renderings are what the property can look like, the buyer can modify it to his/her liking. All income, expenses, unit sizes and construction costs are estimates by the owner and broker. Buyer is responsible to do his/her own due diligence.
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MLS#
TB8323787
Property Type
Multi-Family
Bedrooms
11
Bathrooms
Year Built
1984
Square Feet
5,633
sq. ft
Lot Size
1
Sewer
Public Sewer
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