NOT LISTED FOR SALE

286-296 Lowell Ave North Fort Myers, FL 33917

Estimated Value: $447,000 - $628,000

8 Beds
4 Baths
2,760 Sq Ft
$180/Sq Ft Est. Value

Last Sold June 16, 2016

Last sale price $167,500 $61 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $3,104/month

199 Days on Market

Highlights

  • Oversized Lot
  • Cul-De-Sac
  • Courtyard
  • North Fort Myers High School Rated A
  • Cooling System Mounted In Outer Wall Opening
  • Patio

About This Home

As of June 2016

PRICE REDUCED!!! One of the LOWEST PRICED quadplexes on the MLS!! Unique Quadplex with two duplexes that face each other and are located towards the end of a quiet cul-de-sac, off the peaceful Old Bridge Road section of North Fort Myers. 4 Rental Units boast 2 BR, 1 BA, LR, Kitchen and city water/septic. Two units are rented. They also have open patios and a courtyard. CBS Construction with shingle roof. Owner rents units at $595, that's approx. $2300 per month. Fixed up, can net $700 per unit! This won't last long at this price. Price was reduced for quick sale.

Last Agent to Sell the Property

Sheila Sweeney

Private Reserve Realty License #258023027 Listed on: 10/30/2015

Last Buyer's Agent

Claudia Sotelo

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,066

Year Built

  • Built in 1978

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 120 x 107 x 120 x 107
  • Dirt Road
  • Cul-De-Sac
  • Street terminates at a dead end
  • Oversized Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,760 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Courtyard
  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Window Unit Heating System
  • Septic Tank

Listing and Financial Details

  • Tenant pays for cable TV, electricity, pest control, telephone, water
  • Tax Lot 233
  • Assessor Parcel Number 01-44-24-02-00000.2330

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Tamiami Estates Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $7,000
  • Net Operating Income $21,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,066

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3
  • Lot Size: 120 x 107 x 120 x 107
  • Road Surface Type: Dirt
  • Subdivision Name: TAMIAMI ESTATES
  • Directions: Head east on Bayshore Road towards Old Bridge Road, make a Right onto Old Bridge Road towards Lowell Ave. Make a left on Lowell towards the end of the street on the right sit the quadplex.
  • Architectural Style: Other, Duplex
  • Structure Type: Quadruplex, Duplex
  • Year Built: 1978
  • Property Sub Type Additional: Duplex,Quadruplex
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 2
  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Carpet, Vinyl
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Oversized Lot, See Remarks, Cul-De-Sac, Dead End
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Courtyard, Patio
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric, Window Unit(s), Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Window Unit
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 01-44-24-02-00000.2330
  • Zoning Description: TFC2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Pest Control, Telephone, Water

Multi Family

  • Number Of Units Total: 4
  • Property Net Operating Income: 21560.0
  • Annual Operating Expense: 7000.0

Tax Info

  • Tax Annual Amount: 2066.0
  • Tax Lot: 233
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2022
Sold by
Dwa Metals Llc
Bought by
286-296 Lowell Avenue Llc
Current Estimated Value
$497,733

Purchase Details

Closed on
Aug 8, 2022
Sold by
Sela Holdings Llc
Bought by
Dwa Metals Llc

Purchase Details

Listed on
Oct 30, 2015
Closed on
Jun 13, 2016
Sold by
Berniece W Robie Trust
Bought by
Sela Holdings Llc
Seller's Agent
Sheila Sweeney
Private Reserve Realty
Buyer's Agent
Claudia Sotelo
List Price
$227,500
Sold Price
$167,500
Premium/Discount to List
-$60,000
-26.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.26%

Purchase Details

Closed on
Feb 12, 2002
Sold by
Bankers Tr Co Ca N A
Bought by
Robie Berneice W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,750
Interest Rate
7.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 18, 2001
Sold by
Clerk Circuit Court
Bought by
Bankers Tr Co Of Ca N A
Source: Public Records

Range of Values:

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Average Value
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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
286-296 Lowell Avenue Llc $100 None Listed On Document
Dwa Metals Llc $500,000 Jewel Stone Title
Sela Holdings Llc $167,500 None Available
Robie Berneice W $99,000 --
Bankers Tr Co Of Ca N A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 286-296 Lowell Avenue Llc $3,662,500
Previous Owner Robie Berneice W $101,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2016 06/16/16 Sold $167,500 -26.4% $61 / Sq Ft
05/17/2016 05/17/16 Pending -- -- --
10/30/2015 10/30/15 For Sale $227,500 -- $82 / 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 $5,555 $270,542 -- --
2023 $4,865 $245,947 $24,454 $217,946
2022 $4,885 $227,709 $0 $0
2021 $4,201 $207,008 $17,384 $189,624
2020 $4,047 $193,803 $13,800 $180,003
2019 $3,883 $184,916 $6,845 $178,071
2018 $3,725 $173,622 $6,845 $166,777
2017 $3,490 $155,047 $6,845 $148,202
2014 -- $81,153 $9,605 $71,548
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sheila Sweeney

    Private Reserve Realty

  • C

    Buyer's Agent in 2016

    Claudia Sotelo

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 215061047

Florida Gulf Coast Multiple Listing Service

APN: 01-44-24-02-00000.2330

Florida Lee County North Fort Myers 33917

286-296 Lowell Ave, North Fort Myers, FL

This home is located at 286-296 Lowell Ave, North Fort Myers, FL 33917 since 30 October 2015 and is currently estimated at $497,733, approximately $180 per square foot. This property was built in 1978. 286-296 Lowell Ave is a home located in Lee County with nearby schools including J. Colin English Elementary School, Dr. Carrie D. Robinson Littleton Elementary School, and Tropic Isles Elementary 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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