• Asking Price $399,900
  • 4085-4095 Palm Lane Fort Myers, FL 33905

  • 6 Beds 4 Baths 2,768 SqFt
  • Single Family Home / Resale (MLS)

Property Details for 4085-4095 Palm Lane, Fort Myers, FL 33905

Features

  • Price/sqft: $144
  • Lot Size: 0.463 acres
  • Total Rooms: 9
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
  • Heating: Central Furnace

Facts

  • Year Built: 01/01/1968
  • Property ID: 915530564
  • MLS Number: 224060502
  • Property Type: Single Family Home
  • County: Lee
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. PRICE CORRECTION. INVESTOR SPECIAL. This is a rare opportunity to own a substantial property comprising three fully rented units on a total of 0.46 acres. Located at 4085, 4091, and 4095 on Palm Ln in Fort Myers, these units generate a total gross rent of $3, 750 per month. The first unit, 4085, is a single-wide with 2 bedrooms and 1 bathroom, currently rented for $1, 150 per month. The lease for this unit expires in January 2025. The second unit, 4091, is a double-wide with 3 bedrooms and 2 bathrooms, rented for $1, 400 per month with the lease expiring in February 2024. The third unit, 4095, is a single-wide with 2 bedrooms and 1 bathroom, rented for $1, 100 per month with the lease expiring in September 2024.All three units have been well-maintained, with new metal roofs installed between 2015 and 2017, each featuring lifetime transferable warranties. Additionally, new HVAC systems were installed during the same period and are serviced twice a year. Each unit is connected to city water and sewer and has its own separate driveway. This property is located in a great area near I-75, just minutes from downtown Fort Myers, and is situated in Flood Zone X. The tenants in place are reliable and have expressed a desire to stay long-term, making this an attractive investment opportunity. For further details and to schedule a viewing, please refer to the agent remarks in the showing instructions. Don't miss out on this fantastic investment with strong rental income and minimal maintenance due to recent upgrades.

Real Estate Professional In Your Area

Need help finding a home?
Contact a Real Estate Pro.



Are you a Real Estate Agent?

Get Premium leads by becoming a RealtyStore.com preferred agent for listings in your area

Learn More

Click here to view more details
Property Brokerage: Coldwell Banker Residential Re 1631 Del Prado Blvd S Unit 410 Cape Coral FL 33990
Copyright © 2024 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.