$1,299,000

Estimated payment $7,301/month

Total Views 1,230
8 Beds
6 Baths
2,629 Sq Ft
$494 Price per Sq Ft

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Tile Flooring
  • Ceiling Fan
  • Patio
  • Central Heating and Cooling System
  • Rectangular Lot

About This Home

AN UNBEATABLE LOCATION FOR LIFESTYLE AND INVESTMENT. This spectacular multi-unit duplex boasts a truly enviable location, placing you at the epicenter of the area's most desirable amenities. Imagine being just minutes from the pristine beaches of the Gulf of Mexico, the world-class shopping, dining, and entertainment of 5th Avenue South, and a vibrant selection of local cafes and parks. This unparalleled proximity to leisure, culture, and nature makes the property highly attractive to both seasonal visitors and long-term residents. Built brand new in 2023, this property represents a turn-key, low-maintenance investment in a proven, high-demand neighborhood. The multi-unit-unit structure offers exceptional rental income potential, providing multiple steady income streams that can maximize your returns whether you pursue long-term leasing, seasonal rentals, or an owner-occupant model. Investing in new construction minimizes initial capital expenditure on repairs and offers tenants modern features they desire. The combination of a highly sought-after, amenity-rich location and a brand-new build creates a powerful, future-proof asset poised for strong cash flow and excellent long-term capital appreciation. The current owners converted the two 4/3's into two 3 Bedroom 2 Bath units and two owner "Lock-Out" units.

Listing Agent

Stephen Wolfson

Premiere Plus Realty Company License #249518637 Listed on: 11/30/2025

Premiere Plus Realty Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,858

Year Built

  • Built in 2023

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 82 x 162 x 82 x 162
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,629 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 19
  • Assessor Parcel Number 55502640007

Community Details

Overview

  • Lely Tropical Estates Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $16,730
  • Net Operating Income $80,470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,858

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Lot Size: 82 x 162 x 82 x 162
  • Subdivision Name: LELY TROPICAL ESTATES
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: NewHome

Interior Features

  • Private Spa: No
  • Full Bathrooms: 6
  • Total Bedrooms: 8
  • Flooring: Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Patio, Room For Pool
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric, Wall Unit(s)
  • 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 #: 55502640007
  • Zoning Description: 8 multi family less than 10 units

Rental Info

  • Tenant Pays: Credit Check, Cable TV, Electricity, Internet, Pet Deposit, Telephone, Water

Multi Family

  • Number Of Units Total: 1
  • Property Net Operating Income: 80470.0
  • Annual Operating Expense: 16730.0

Tax Info

  • Tax Annual Amount: 5857.78
  • Tax Block: 19
  • Tax Lot: 1
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,858 $465,420 -- --
2024 $1,870 $423,109 -- --
2023 $1,870 $72,997 $0 $0
2022 $1,684 $66,361 $0 $0
2021 $689 $60,328 $60,328 $0
2020 $670 $59,288 $59,288 $0
2019 $1,516 $133,139 $133,139 $0
2018 $690 $35,995 $0 $0
2017 $721 $32,723 $0 $0
2016 $463 $29,748 $0 $0
2015 $316 $27,044 $0 $0
2014 $295 $24,963 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2025 11/30/25 For Sale $1,299,000 +1755.7% $494 / Sq Ft
07/01/2019 07/01/19 Sold $70,000 -21.3% -- View Prior Sale
05/01/2019 05/01/19 Pending -- -- --
02/05/2019 02/05/19 Price Changed $89,000 -6.3% --
01/04/2019 01/04/19 For Sale $95,000 +13.1% --
01/18/2018 01/18/18 Sold $84,000 -9.6% -- View Prior Sale
12/20/2017 12/20/17 Price Changed $92,901 0.0% --
12/12/2017 12/12/17 Price Changed $92,900 -6.2% --
10/17/2017 10/17/17 Price Changed $99,000 -9.2% --
09/05/2017 09/05/17 For Sale $109,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $70,000 Attorney
Warranty Deed $84,000 Grey Street Title Co
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $11,471 None Available
Warranty Deed $23,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $20,000 No Value Available
Source: Public Records

About the Listing Agent

Stephen Wolfson

Stephen Wolfson

Premiere Plus Realty Company

(239) 453-4640

Section Image

Steve has been in real estate for over 40 year assisting folks during their search for either residential, commercial, vacation ,acreage and income producing properties. He was a highly rated motivational speaker for the University of Miami for many years teaching both public and private workshops on " Negotiating; The Art of Persuasion & Results Driven Marketing." Whether it be single family homes, condominiums, townhomes, villas or income producing properties, he represents both new homes

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  • 15711 Sunny Crest Ln, Fort Myers, FL 33905

    $282,500 Sold Feb 27, 2025

    • 3 Beds
    • 2 Baths
    • 1,129 Sq Ft
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Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225081624

Florida Gulf Coast Multiple Listing Service

APN: 55502640007