$474,900
$24K PRICE DROP

1078 Southdale Rd Fort Myers, FL 33919

Estimated payment $2,847/month

Total Views 3,951
5 Beds
3 Baths
2,000 Sq Ft
$237 Price per Sq Ft

Highlights

  • Corner Lot
  • Tile Flooring
  • Ceiling Fan
  • Fort Myers High School Rated A
  • Central Heating and Cooling System

About This Home

Located just south of Cypress Lake off McGregor Blvd, 1078/1080 Southdale Rd. is the investment opportunity you have been waiting for. This fully leased duplex offers immediate cash flow with a great ROI and long term value and has never had any flooding or water intrusion from past storms. This quiet residential street is tucked into the heart of Fort Myers with easy access to downtown, SWFL beaches, RSW International Airport and Healthpark along with an endless number of restaurants, retail locations and shopping, making it a very desired location. The left side unit (1078) has been remodeled and features 2 bedrooms, 2 bathrooms, 1 car garage with washer & dryer hook-up, tile flooring and a screened in lanai. The right side unit (1080) has 3 bedrooms, 1.5 bathrooms, den/dining area, indoor laundry room with washer & dryer hook-up, new AC handler and compressor (2021), tile/laminate flooring and screened in lanai. Recent updates include a new shingle roof (2017), new windows (2018) and new hot water heaters for both units (2020). With great bones, ideal location and month-to-month renters in place, this is an amazing property to add to your portfolio.

Listing Agent

Katherine Paquette, PA

Starlink Realty, Inc License #360587256 Listed on: 09/27/2024

Starlink Realty, Inc

Co-Listing Agent

Jon Paquette

Starlink Realty, Inc License #360587117

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,801

Year Built

  • Built in 1973

Lot Details

  • 7,449 Sq Ft Lot
  • Street terminates at a dead end
  • Corner Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 21-45-24-11-00000.0190

Community Details

Overview

  • 2 Units
  • Fort Myers Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $8,797
  • Net Operating Income $33,503

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,801

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.171
  • Road Surface Type: Paved
  • Co List Office Mls Id: FSAD
  • Co List Office Phone: 239-693-7263
  • Subdivision Name: FORT MYERS
  • Directions: From College Parkway, take McGregor Blvd. South. Just past Cypress Lake Dr. use the left turn lane to turn left onto Southdale Rd. Building is located on the corner of Southdale Rd and W. Warwick Way
  • Architectural Style: Ranch, One Story, Duplex
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1973
  • Property Sub Type Additional: Duplex
  • Pets No Pets Comments: ,,,
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Corner Lot, Dead End
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Owner Has Flood Insurance, Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: None
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 21-45-24-11-00000.0190
  • Zoning Description: RM-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Grounds Care, Internet, Pest Control, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 33503.0
  • Annual Operating Expense: 8797.45

Tax Info

  • Tax Annual Amount: 3800.68
  • Tax Lot: 19
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Price Changed $474,900 -4.8% $237 / Sq Ft
09/27/2024 09/27/24 For Sale $499,000 -- $250 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224079259

Florida Gulf Coast Multiple Listing Service
Florida Lee County Fort Myers 33919

1078 Southdale Rd, Fort Myers, FL

This home is located at 1078 Southdale Rd, Fort Myers, FL 33919 and is currently priced at $474,900, approximately $237 per square foot. This property was built in 1973. 1078 Southdale Rd is a home located in Lee County with nearby schools including Orangewood Elementary School, Allen Park Elementary School, and Edison Park Creative & Expressive Arts School.

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Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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Listing Agent
Katherine Paquette, PA
Section Image
Starlink Realty, Inc
(239) 695-6443