Active
2674-2674 Michigan AVE
Fort Myers FL, 33916
$549,000
$305.00 per sqft
Active
4 Beds
2 Baths
1,800 sqft
Multi-family
Built in 1957
This charming corner lot property is situated in the highly desirable Dean Park District of Fort Myers. Featuring a new standing seam metal roof, impact windows, tankless water heaters, and elevated HVAC units, this income producing property is outfitted to withstand wear and tear from both tenants and the elements, allowing a potential buyer to focus on generating income rather than attending to maintenance issues. In terms of amenities, this property features twin carports with attached laundry rooms and a large fenced in back yard. The location is also unbeatable, providing residents walking access to downtown Fort Myers while affording them all of the peace and serenity that Dean Park living offers.
The left side of this duplex is occupied by an annual tenant at more than $2,000 per month and the right side unit is currently operated as a vacation rental, providing ample opportunity for owner occupants to take advantage of the income from the left unit while living in the right unit. For investors looking to maximize cash flow, there have been multiple applications for annual tenancy of the right side at $2,400 per month. Possible annualized gross income of $57,600 with both sides rented at $2,400 per month.
This property features an assumable flood insurance policy, providing coverage through the end of 2025. Agent/Owner Disclaimer- Listing agent possesses an ownership interest in the property.
224100587
MLSⓇ ID
December 11, 2024
Listed
December 11, 2024
Updated
Map
2674-2674 Michigan AVE
Fort Myers FL, 33916
Interior Features
Total Stories
1
Bedrooms
4
Total Bathrooms
2
Full Bathrooms
2
Interior Features
High Speed Internet
Floor Description
Concrete
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Electric
Heating
Yes
Heating Description
Central, Electric
Exterior/Building Features
Lot Size
0.17 Acres
Exterior Features
Fence
Lot Features
Corner Lot
Architectual Style
Ranch, One Story, Duplex
Roof
Metal
Sewer
Assessment Paid
Other Property Details
Area Name
DT01 - Downtown Fort Myers
Taxes
$4,036
Tax Frequency
Annually
Association Amenities
Dog Park, Park, Sidewalks
Garage
No
View
No
County
Lee
Water Source
Assessment Paid
Pool
No
Listed by Palmer Rosen, Premier Sotheby's Int'l Realty
Listing Contact: 239-410-7115
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Scott Harding shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 11:43 PM UTC, 12/11/2024