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16
Photos
100 Cabana AVE, North Fort Myers, FL 33903
$199,999 Asking Price
$---/mo Est. Payment Get Prequalified »
2
beds
1
bath
1,360
sqft
Built in
1948
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!
Features & Amenities
Interior
- General:
- Other
- Appliances:
- Electric Cooktop, Dryer, Microwave, Refrigerator/Freezer, Washer
- Dining:
- Dining - Living, Eat-in Kitchen, Formal, Other
- Laundry:
- Washer/Dryer Hookup
- Flooring:
- Tile
- A/C:
- true, Ceiling Fan(s), Central Electric
- Heating:
- true, Central Electric
Exterior
- Style:
- Ranch, Single Family
- Parking:
- Parking spaces: 0
Construction
- Roofing:
- Shingle
- General:
- Concrete Block, Stucco, 1, Concrete Block
Location
- HOA Amenities:
- 0.0
- Originating MLS:
- Naples
- County:
- Lee
Lot
- Zoning:
- TFC2, 11-44-24-01-000K0.0610
- View:
- Landscaped Area, Trees/Woods, View
- Restrictions:
- None
Utilities
- Water:
- Assessment Paid
- Sewer:
- Septic Tank
Financial
- Source:
- Naples
This listing courtesy of:
Coldwell Banker Realty
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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