1039 3rd St - Apartments FOR SALE


Fort Myers, FL 33931
$980,000 USD
239-565-9554
1039 3rd St, Fort Myers, FL for Sale
$980,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

1039 3rd St
Fort Myers, FL 33931


OVERVIEW

4 Residential units that survived Hurricane Ian. Located in the Down Town Overlay District. Possibilities: 1. Keep as is and remodel under the 50% rule 2. Raise above flood, make underneath a parking lot and remodel the 4 units with possibility of getting the town to approve 12 units with the three to one multiplier 3. Take down and put up a brand new 4 plex 4. Put up a duplex one each of the lots 5. Turn into a parking lot This building is on 3rd Street in the Heart of the Overlay District. This is a Short Term Rental home run

FOR SALE DETAILS

PRICE

$980,000 USD

PRICE/SF

$544 USD /SF

# OF UNITS

4

PRICE/UNIT

$245,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,400 SF

ZONING

C-1

APN/PARCEL ID

24-46-23-W3-00202.0090

ASK ABOUT THIS PROPERTY

John RichardShipwreck TreasuresMore Info
239-565-9554

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John RichardShipwreck TreasuresMore Info
239-565-9554

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.