Whether it’s your dream home, a new getaway spot or an investment property, we’re here to help you find it. With personalized guidance and a deep understanding of Southwest Florida’s market, we’ll make your search simple, exciting, and tailored to your needs.
Feel free to browse here with LIVE, UP-TO-DATE MLS DATA.
You can also reach out and let us know EXACTLY what you’re looking for, and we can hone in the search process for you.
Let’s take this journey together…
8-Plex Income Property on Large Lot with Strong Cap Rate. This concrete block 8-plex in North Fort Myers delivers steady income and minimal upkeep. The building includes 5 two-bedroom units and 3 one-bedroom units, totaling 13 bedrooms and 8 bathrooms, with each unit averaging around 700 sq ft. Gross rental income in 2024 was $93,795, and with professional management included in expenses, the property yields a 7.61% cap rate. Tenant history is strong, with several long-term residents, and all current leases are month-to-month, offering flexibility for future adjustments. The property sits on a .67-acre lot with plenty of room, featuring paved parking and a grassy overflow area for additional vehicles. Recent upgrades include a 2023 ROOF, new septic system (per property manager), fresh exterior paint, new front windows, and new paved parking. All units but one have been updated, and three units are currently vacant, offering immediate income potential in a high-demand rental market. Conveniently located near Walmart, Home Depot, restaurants, schools, and public transportation via US-41 and nearby bus stops. Owner pays garbage, water, and mowing. Tenants pay everything else. Please do not disturb tenants.
5 days ago | Listing first seen on site | |
5 days ago | Listing updated with changes from the MLS® |
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.