NOT LISTED FOR SALE

Estimated Value: $251,000 - $413,000

4 Beds
2 Baths
1,772 Sq Ft
$193/Sq Ft Est. Value

Last Sold September 19, 2024

Last sale price $265,000 $150 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,076/month

16 Days on Market

Highlights

  • Oversized Lot
  • Jalousie or louvered window
  • Tile Flooring
  • Fort Myers High School Rated A
  • Cooling System Mounted In Outer Wall Opening
  • Laundry Facilities

About This Home

As of September 2024

Charming Duplex in Up-and-Coming Midtown Area! Fantastic Investment Opportunity! Discover the potential in this duplex located in the vibrant and emerging Midtown neighborhood. With some TLC, this property can transform into a lucrative income-generating asset or a cozy new home for its next owner and rental unit next door. Nestled in a rapidly growing area with minutes from Downtown Ft Myers, main roads, showing, and dining. Tile & terrazzo Floors Durable and easy-to-maintain flooring throughout. Ready for Updates, a blank canvas ready for your vision or immediate rental income from its current tenants who are eager to stay. Great Investment Potential! Perfect for investors looking to capitalize on a promising neighborhood with strong rental demand. Whether you’re an investor seeking a solid return or a homeowner ready to put your stamp on a property, this duplex is ready to welcome its next chapter. Don’t miss out on this opportunity to be part of Midtown’s exciting growth! Schedule your showing and explore the possibilities! *One tenant is month to month. the other has an existing lease expiring 1/31/2025.

Last Agent to Sell the Property

Cecilia Sculthorpe

John R. Wood Properties License #258004222 Listed on: 08/27/2024

John R. Wood Properties

Last Buyer's Agent

Cecilia Sculthorpe

John R. Wood Properties License #258004222 Listed on: 08/27/2024

John R. Wood Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,999

Year Built

  • Built in 1956

Lot Details

  • 8,059 Sq Ft Lot
  • Lot Dimensions are 58 x 140 x 58 x 140
  • Oversized Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,772 Sq Ft Home
  • Jalousie or louvered window
  • Single Hung Windows

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for application fee, cable TV, electricity
  • Legal Lot and Block 12 / 8
  • Assessor Parcel Number 24-44-24-P1-01108.0120

Community Details

Overview

  • 2 Units
  • Stadlers Central Heights Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $10,000
  • Net Operating Income $28,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,999

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.185
  • Lot Size: 58 x 140 x 58 x 140
  • Road Surface Type: Paved
  • Subdivision Name: STADLERS CENTRAL HEIGHTS
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1956
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Terrazzo, Tile
  • Window Features: Jalousie, Single Hung

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: None
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Laundry Features: Common Area
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights
  • Amenities: Laundry, None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 24-44-24-P1-01108.0120
  • Zoning Description: CG
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Application Fee, Cable TV, Electricity

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 28300.0
  • Annual Operating Expense: 10000.0

Tax Info

  • Tax Annual Amount: 2998.85
  • Tax Block: 8
  • Tax Lot: 12
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2024
Closed on
Sep 19, 2024
Sold by
Anita Mural Corp
Bought by
Dfy Group Llc
Seller's Agent
Cecilia Sculthorpe
John R. Wood Properties
Buyer's Agent
Cecilia Sculthorpe
John R. Wood Properties
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Current Estimated Value
$342,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,667
Avg. Annual Appreciation
23.14%

Purchase Details

Closed on
Oct 8, 2015
Sold by
Hutchinson John
Bought by
Anita Mural Corp

Purchase Details

Closed on
Jun 17, 2014
Sold by
Jones W L
Bought by
Wth Oakmont Mortgage Pool 285 Lp

Purchase Details

Closed on
Dec 8, 2004
Sold by
Hampton Jeff
Bought by
Jones W L and 2217 Jackson Street Land Trust

Purchase Details

Closed on
Apr 30, 2004
Sold by
Home Buying Investors Inc
Bought by
Hampton Jeff E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 2004
Sold by
Spalding Vincent K and Spalding Cheryl
Bought by
Home Buying Investors Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.49%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dfy Group Llc $265,000 Landsel Title
Anita Mural Corp $55,000 Sun National Title Company
Wth Oakmont Mortgage Pool 285 Lp -- None Available
Jones W L -- --
Hampton Jeff E $96,000 Team Title Insurance Inc
Home Buying Investors Inc $75,000 Team Title Insurance Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dfy Group Llc $203,000
Previous Owner Hampton Jeffrey E $98,750
Previous Owner Hampton Jeff E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2024 09/19/24 Sold $265,000 -3.6% $150 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
08/27/2024 08/27/24 For Sale $275,000 -- $155 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,999 $103,301 -- --
2023 $2,999 $93,910 $0 $0
2022 $2,770 $85,373 $0 $0
2021 $2,562 $97,484 $8,400 $89,084
2020 $2,233 $86,413 $7,200 $79,213
2019 $2,089 $75,905 $3,400 $72,505
2018 $2,002 $69,453 $3,400 $66,053
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224070354

Florida Gulf Coast Multiple Listing Service

APN: 24-44-24-P1-01108.0120