North Fort Myers, FL 33903,100 Cabana AVE
North Fort Myers, FL 33903,100 Cabana AVE
North Fort Myers, FL 33903,100 Cabana AVE
North Fort Myers, FL 33903,100 Cabana AVE
North Fort Myers, FL 33903,100 Cabana AVE
North Fort Myers, FL 33903,100 Cabana AVE
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$ 199,999
Est. payment | /mo

2 Beds

1 Bath

1,360 SqFt


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$ 199,999
Est. payment | /mo
Save

2 Beds

1 Bath

1,360 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,360 sqft

Price per Sqft $147

Subdivision Cabana City

MLS Listing ID 224082393

Style None,Ranch,One Story

Bedrooms 2

Full Baths 1

Construction Status Resale

HOA Y/N No

Year Built 1948

Annual Tax Amount $320

Tax Year 2023

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions Appraiser

Property Description

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!

Location

State FL

County Lee

Community Cabana City

Area Fn06 - North Fort Myers Area

Rooms

Bedroom Description 2.0

Interior

Interior Features Separate/ Formal Dining Room, Eat-in Kitchen, Living/ Dining Room, None, Other, Split Bedrooms

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Tile

Furnishings Unfurnished

Fireplace No

Window Features Single Hung

Appliance Dryer, Electric Cooktop, Freezer, Microwave, Refrigerator, Washer

Laundry Washer Hookup, Dryer Hookup

Exterior

Exterior Feature Fruit Trees, Other

Community Features Non- Gated

Utilities Available Cable Available

Amenities Available None

Waterfront Description None

Water Access Desc Assessment Paid

View Landscaped, Trees/ Woods

Roof Type Shingle

Garage No

Private Pool No

Building

Lot Description Corner Lot, Oversized Lot

Faces West

Story 1

Sewer Septic Tank

Water Assessment Paid

Architectural Style None, Ranch, One Story

Additional Building Outbuilding

Structure Type Block,Concrete,Stucco

Construction Status Resale

Others

Pets Allowed Yes

HOA Fee Include Cable TV,Internet,Sewer,Water

Senior Community No

Tax ID 11-44-24-01-000K0.0610

Ownership Single Family

Acceptable Financing All Financing Considered, Cash

Listing Terms All Financing Considered, Cash

Pets Allowed Yes

Listed by Coldwell Banker Realty • Mason Gascot
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100 Cabana AVE