NOT LISTED FOR SALE

3221 Broadway Fort Myers, FL 33901

Maravilla Neighborhood

Estimated Value: $361,842 - $537,000

11 Beds
6 Baths
-- Sq Ft
0.77 Acres

Last Sold March 30, 2018

Last sale price $318,000

Est. 46% increase in value since last sale

Current estimated payment $2,796/month

65 Days on Market

About This Home

As of March 2018

Three buildings. 2 rentals units in each building
6 Rental units all together with a LARGE Lot
the addresses are 3221,3223,3225,3227,3229,3231 Broadway Fort Myers FL 33901
excellent return on investment.
5 units 2 bedrooms 1 bath and one unit 1 bedroom one bath
all tenants have been there for more than 2-4 years ,

One of the 3225,3227 is getting a new roof installed prior to sale.
In Addition the units have received brand new / upgraded septic systems and inspected and approved by the city or county depts..
Very good rental income and low expenses.
all units pay their own utilities. except for sewer
Al information is from sellers and from public records therefore information may not be accurate
All buyers should do their own inspections and due diligence when reviewing the property for purchase.

Last Agent to Sell the Property

Billy Katsis

Sun Realty Listed on: 12/27/2017

Sun Realty

Last Buyer's Agent

Billy Katsis

Sun Realty Listed on: 12/27/2017

Sun Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,181

Year Built

  • 1979

Lot Details

  • 0.77

Home Design

  • Duplex

Listing and Financial Details

  • Tenant pays for cable, credit application, departure cleaning, full electric, full telephone, security, sewer, water

Community Details

Overview

  • Unity Heights Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $6,000
  • Net Operating Income $33,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,181

Year Built

1979

Lot Details

0

Listing Details

  • Legal Description: UNITY HEIGHTS BLK 1 PB 5 PG 8 PT LOTS 2 + 3 AS DESC IN OR 3831 PG 2320
  • Street View Param: 1$26.61805906797538$-81.86786817035141$90.10$13.33$1.00$6naHk-1TEUbX_y9ERNljUQ
  • Building Design: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1979

Interior Features

  • Flooring: Carpet, Parquet, Tile

Exterior Features

  • Construction: Concrete Block
  • Exterior Features: Fence, Fruit Trees
  • Exterior Finish: Stucco
  • Road: Gravel, Paved Road
  • Windows: Single Hung

Utilities

  • Sewer: Assessment Paid, Central, Septic
  • Water: Central

Condo/Co-op/Association

  • Community Type: Non-Gated
  • Sub Condo Name: UNITY HEIGHTS

Association/Amenities

  • Units in Building: 2
  • Pets: No Approval Needed
  • Development: Unity Heights

Lot Info

  • Lot Description: Oversize
  • Lot Unit: 2
  • Section: 25
  • Zoning Code: TFC-2

Rental Info

  • Tenant Pays: Cable, Credit Application, Departure Cleaning, Full Electric, Full Telephone, Security, Sewer, Water

Tax Info

  • Tax Description: City And County

Multi Family

  • Unit Count: 6
  • Gross Rental Income: 39000.00
  • Annual Expenses: 6000.00
  • Annual Net Operating Income: 33000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2017
Closed on
Mar 30, 2018
Sold by
Telio Investments Llc
Bought by
Neighborhood Restoration Homes Llc
Seller's Agent
Billy Katsis
Sun Realty
Buyer's Agent
Billy Katsis
Sun Realty
List Price
$349,990
Sold Price
$318,000
Premium/Discount to List
-$31,990
-9.14%
Current Estimated Value
$465,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,461
Avg. Annual Appreciation
5.13%
Original Mortgage
$243,500
Outstanding Balance
$208,660
Interest Rate
4.38%
Mortgage Type
Balloon
Estimated Equity
$256,801

Purchase Details

Closed on
Oct 22, 2014
Sold by
Moppy Llc
Bought by
Telio Jacques and Telio Laura

Purchase Details

Closed on
Mar 4, 2011
Sold by
2 Chows Investments Llc
Bought by
Moppy Llc

Purchase Details

Closed on
Feb 18, 2011
Sold by
Suncoast Partners Inc
Bought by
2 Chows Investments Llc and Jenw Investments Llc

Purchase Details

Closed on
Dec 17, 2010
Sold by
Gervais Lawrence V and Gervais Sandra L
Bought by
Suncoast Partners Inc

Purchase Details

Closed on
Dec 31, 2002
Sold by
Bahr James F and Bahr Micheline J
Bought by
Gervais Lawrence V and Gervais Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,600
Interest Rate
6.01%
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
Neighborhood Restoration Homes Llc $318,000 South Florida Trust & Title
Neighborhood Restoration Homes Llc $318,000 South Florida Trust & Title
Telio Jacques $192,500 Palm Title Associates Inc
Telio Jacques $192,500 Palm Title Associates Inc
Moppy Llc $115,000 Gulfstream Title Llc
Moppy Llc $115,000 Gulfstream Title Llc
2 Chows Investments Llc -- None Available
2 Chows Investments Llc -- None Available
Suncoast Partners Inc $57,000 Winged Foot Title Llc
Suncoast Partners Inc $57,000 Winged Foot Title Llc
Gervais Lawrence V $220,000 --
Gervais Lawrence V $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neighborhood Restoration Homes Llc $243,500
Previous Owner Gervais Lawrence V $171,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $318,000 -5.9% --
03/02/2018 03/02/18 Pending -- -- --
02/07/2018 02/07/18 Price Changed $338,000 -3.4% --
12/27/2017 12/27/17 For Sale $349,990 -- --
Source: Naples Area Board of REALTORS®

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
2025 $4,181 $348,412 -- --
2024 $4,543 $316,738 $90,000 $210,792
2023 $4,543 $316,016 $31,758 $276,659
2022 $4,588 $314,157 $29,660 $284,497
2021 $4,721 $311,384 $19,594 $291,790
2020 $4,678 $299,491 $9,923 $289,568
2019 $4,283 $262,572 $8,554 $254,018
2018 $2,872 $172,431 $9,407 $163,024
2017 $2,794 $161,501 $9,316 $152,185
2014 -- $109,540 $7,235 $102,305
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Billy Katsis

    Sun Realty

    (239) 649-1990

    21 Total Sales

    Billy Katsis
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217079000

Naples Area Board of REALTORS®

APN: 25-44-24-07-00001.0030

Florida Lee County Fort Myers 33901 Maravilla

3221 Broadway, Fort Myers, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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