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100 Cabana Ave

North Fort Myers, FL 33903
  • $205,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: 224082393
Price Reduced
UPDATED: 198 min ago
$205,000
  • 2
    BEDS
  • 0.29
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,360
    SQFT
  • $151
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1948
County:
Lee

School Ratings & Info

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!

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The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than Equity Realty are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Data last updated 2024-11-06T00:25:21.733. Some properties that appear for sale on this website may no longer be available. For the most current information, contact Equity Realty, 239-963-4070, . Licensed in the State of Florida.
www.napleslistings.com/homes/156719185
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100 Cabana Ave North Fort Myers, FL 33903

  • Price: $205,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 198 min ago
  • ID#: 224082393
2
Beds
1
Baths
0
½ Baths
0.29
Acres
1,360
SQFT
$151
$/SQFT
1948
Built
Neighborhood:
Cabana City
County:
Lee
Area:
FN06 - North Fort Myers Area
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!
Exterior Features

Attached Garage No Building Desc RanchSingle Family Building Design RanchSingle Family Residence Canal Width None Carport Desc No Carport Spaces 0 Construction Concrete BlockStucco Covered Spaces 0 Foundation Details Concrete Block Garage No Gulf Access YN No Irrigation Reclaimed Lot Back 80 Lot Desc Corner LotOversize Lot Frontage 80 Lot Left 135 Lot Right 135 Parking Total 0 Pool Private No Rear Exposure E Roof Shingle View Landscaped AreaTrees/Woods View YN Yes Waterfront Desc None Waterfront YN No

Interior Features

Baths Total 1 Bedrooms 2 Bed Cooling Ceiling Fan(s)Central Electric Cooling YN Yes Dining Description Dining - LivingEat-in KitchenFormalOther Elevator None Equipment Electric CooktopDryerMicrowaveRefrigerator/FreezerWasher Fireplace No Flooring Tile Furnished Desc Unfurnished Heat Central Electric Heating Yes Interior Features Other Laundry Features Washer/Dryer Hookup Rooms Total 0 Spa No

Property Features

Association Amenities None Building Area Total 1360 Condo Fee 0 Foreclosed Reo YN No Hoa Desc No Hoa Fee 0 Horse YN No Levels 1 Maintenance CableInternet/WiFi AccessSewerWater Management None Mandatory Club Fee 0 Master Hoa Fee 0 MLS Naples New Construction YN No Ownership Desc Single Family Pets Yes Potential Short Sale YN No Senior Community No Sewer Septic Tank Structure Type House Subdivision Name CABANA CITY Terms Buyer Finance/CashCASH ONLY Total Annual Recurring Fees 0 Transfer Fee 0 Unitsin Complex 1 Water Source Assessment Paid Zoning TFC2

Listing courtesy of Coldwell Banker Realty: 239-263-3300.
The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2024 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it


The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than Equity Realty are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Data last updated 2024-11-06T00:25:21.733. Some properties that appear for sale on this website may no longer be available. For the most current information, contact Equity Realty, 239-963-4070, . Licensed in the State of Florida.
 
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Equity Realty
6435 Naples Blvd #201
Naples FL, 34109