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Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Quadraplex
Listing Status Sold
Purchase Type For Sale
Subdivision Tropic Pines Condo
MLS Listing ID 223003255
Sold Date 04/18/23
Bedrooms 8
Full Baths 4
Half Baths 4
Construction Status Resale Property
Year Built 1980
Annual Tax Amount $1,219
Tax Year 2021
Lot Size 2,700 Sqft
Property Description
Gorgeous Quadraplex located in a very nice area of North Fort Myers near DelPrado and Viscaya. On a quiet residential street with no thru traffic and upscale multifamily homes. All four units have been recently updated and are in excellent condition. Two Bedrooms and master bath are on the 2nd floor and both include a small walkout balcony. Living room, dining, kitchen, laundry and 1/2 bath are on the main floor. There is also a large lanai approx. 16x20 on each unit for cookouts, etc. (not screened in). Unit A is slightly upscale with custom tile and cabinets and can be sold as furnished. Behind the building is a large private back yard to enjoy. Owner is retiring and lives in unit A. Unit A should rent for approx. $1500 - 1700 per month.
All tenants will be month to month by the end of April. This allows the new owner to change the rents or select new tenants if so desired. All three tenants are excellent payers never missing a rent payment or late! They would like to stay per our conversations.
Rent break down:
Unit A (Owner) $0 rent per month
Unit B $1000 per month
Unit C $1200 per month
Unit D $1100 per month
Littlestone Court is currently averaging $1300-1500 per month for 2/2 rentals
**** Showings will be conducted by the owner to not disrupt tenants.
****Keep in mind this is a great 1031 investment
Location
State FL
County Lee
Community Tropic Pines Condo
Area Fn04 - North Fort Myers Area
Zoning c
Interior
Heating Central Electric
Cooling Central Electric
Flooring Carpet, Tile
Exterior
Exterior Feature None
Community Features Non-Gated
Amenities Available See Remarks
Waterfront Description None
Roof Type Built-Up or Flat
Private Pool No
Building
Lot Description See Remarks
Building Description Stucco, 2 Story
Foundation Concrete Block
Sewer Central
Water Central
Structure Type Stucco
Construction Status Resale Property
Others
Pets Allowed With Approval
Acceptable Financing Buyer Finance/Cash
Listing Terms Buyer Finance/Cash
Pets Description With Approval
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