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100 Cabana Ave
MLS#: 224082393 - $205,000
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2 BEDS -
1 BATHS -
1948 BUILT -
Residential -
1360 SQFT -
0.290 ACRES
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Status: Active
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On Site: 18 Days
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Updated: 2 Hours ago
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North Fort Myers, FL, 33903
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Cabana City
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- NEIGHBORHOOD: Cabana City
- COUNTY: Lee
- AREA: CABANA CITY
- BUILT: 1948
- ELEMENTARY SCHOOL:
- HIGH SCHOOL:
- MIDDLE SCHOOL:
- CONDO FEE:
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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!
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Property Features
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Courtesy of Coldwell Banker Realty
 The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright 2017 Southwest Florida MLS organizations. 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. |
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