1301 Thompson ST, North Fort Myers, FL 33903

$495,000 Asking Price

4 beds
3 baths
2,516  sqft
Built in 1958

Do not miss this fully renovated gulf access home! It has 4 bedrooms and 3 baths including an attached 1 bedroom 1 bath apartment with full kitchen and its own separate entrance that can easily be rented for at least $1200 per month or as a short term vacation rental for even more income if you want to live in it and rent that side out. Or use it for your adult children if they need to come home or a parent if they need to come stay with you or even for guests. Or buy it as an investment property and rent both units annually or as vacation homes! The options are endless and the income good. **Investors estimated CAP rate 11% as an annual rental and much higher as a vacation rental.** Everything you see and touch has been replaced. Quartz counters with waterfall sides on the island and matching backsplash, wood shaker cabinets, new stainless appliances in both the main house and apartment, new luxury plank vinyl flooring throughout, new showers, new toilets, complete new septic system, new AC, new hurricane rated garage door, all new energy efficient low-E impact glass windows throughout, all new impact rated exterior doors, new paint inside and out and new composite dock. Home recently appraised for $575k. Seller is willing to give $11k closing cost credit as well which can be used to buy the interest rate down. If used for temporary rate buy down payment can be reduced by roughly $610 per month year 1 and about $310 per month in year 2. Call for details.


Features & Amenities

Interior

General:
Custom Mirrors, Other, Pantry, Pull Down Stairs, Smoke Detectors, Walk-In Closet(s)
Kitchen:
Island, Pantry
Appliances:
Dishwasher, Disposal, Microwave, Range, Refrigerator, Refrigerator/Freezer, Refrigerator/Icemaker
Dining:
Breakfast Bar, Dining - Living
Laundry:
Washer/Dryer Hookup, Laundry in Residence
Flooring:
Laminate
A/C:
true, Ceiling Fan(s), Central Electric, Wall Unit(s), Zoned
Heating:
true, Central Electric, Wall Unit, Zoned

Exterior

General:
Boat Dock Private, Composite Dock, Dock Deeded, Dock Included, Screened Lanai/Porch
Style:
Ranch, Single Family
Parking:
Driveway Paved, RV-Boat, Attached, Parking spaces: 1

Construction

Roofing:
Metal
Windows:
Thermal
General:
Concrete Block, Stucco, 1, Concrete Block

Location

Road/Access:
Paved
HOA Amenities:
0.0
Originating MLS:
Florida Gulf Coast
County:
Lee

Lot

Zoning:
RS-1, 03-44-24-10-00000.0050
View:
Canal, Landscaped Area, Mangroves, Water, Trees/Woods, View
Fencing:
Fenced
Restrictions:
None

Utilities

Water:
Assessment Paid,Central
Sewer:
Septic Tank

Financial

Source:
Florida Gulf Coast

This listing courtesy of:
KW Peace River Partners

About North Fort Myers, FL

Housing

Number of Units
37,241
Median Home Value
$148,333
Median Rent
$879

18.29% of housing units are renter occupied.

20.79% are vacant.

Commute

Car
67.69%
Public Transportation
1.31%
Walk to Work
0.71%
Work from Home
27.67%
Other
1.31%

The median travel time to work is 21 minutes.

People

Population
59,187
Median Age
56.90
Median Household Size
2.27

Education

High School
34.38%
Associate’s Degree
7.88%
Bachelor’s Degree
13.51%
Graduate Degree
8.35%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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