NOT LISTED FOR SALE
6 Beds
4 Baths
-- Sq Ft
0.27 Acres

Last Sold August 19, 2024

Last sale price $460,000

32 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Rectangular Lot

About This Home

As of August 2024

Imagine stepping into 5200 27th St SW, a newly updated gem in the thriving heart of Lehigh Acres. With a brand-new roof and stunning flooring installed in 2023, this property isn’t just a home; it’s a golden opportunity for savvy investors. As you enter, the inviting open-concept layout draws you in, showcasing a bright living room that flows seamlessly into the modern kitchen. This space is perfect for future tenants, offering a welcoming atmosphere for gatherings or quiet evenings at home. The updated features ensure minimal maintenance, allowing you to focus on maximizing your rental income from day one. Each spacious bedroom provides a comfortable retreat, filled with natural light and adorned with new flooring that enhances the overall appeal. Tenants will appreciate the fresh, modern aesthetic that makes this home feel truly special. Situated in a rapidly growing market, 5200 27th St SW is ideally positioned for sustainable and consistent long-term rental use. Lehigh Acres is in high demand, making it a prime location for investment opportunities that promise substantial returns. For those considering owner-occupancy, this property also offers a unique chance for heavily subsidized living. By renting out part of the home or utilizing it as a full investment property, you can significantly offset your living expenses while enjoying all the benefits of homeownership. Location is key, and this property shines in that regard. Just minutes from shopping, dining, and recreational activities, it’s surrounded by amenities that enhance its rental appeal. Only a short drive into Fort Myers, nearby parks and schools add to the community's charm, ensuring consistent demand from potential tenants. With the major updates completed, including a new roof and flooring, you can invest in this property with confidence. This home is not only stylish but built to last, making it a smart addition to any investment portfolio. 5200 27th St SW is more than just a property; it’s a pathway to financial growth and stability. Whether you’re an experienced investor or a first-time buyer looking to enter the rental market, this home is ready to deliver on its promises. Don’t let this exceptional opportunity slip away. Schedule a showing today and take the first step towards securing your future with this remarkable investment property!

Last Agent to Sell the Property

Stetson Miller

The Simonelli Real Estate Grp License #258028865 Listed on: 07/14/2024

Last Buyer's Agent

Lissa Louis

KW Elevate Luxury License #258026416

KW Elevate Luxury

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,452

Year Built

  • Built in 2005

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 85 x 126 x 97 x 126
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • Single Hung Windows

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for application fee, cable TV, electricity, internet
  • Legal Lot and Block 24 / 11
  • Assessor Parcel Number 31-44-26-02-00011.0240

Community Details

Overview

  • Lehigh Acres Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $4,800
  • Net Operating Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,452

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.27
  • Lot Size: 85 x 126 x 97 x 126
  • Subdivision Name: LEHIGH ACRES
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 2005
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Tile, Vinyl
  • 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: None
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 31-44-26-02-00011.0240
  • Zoning Description: RM-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Application Fee, Cable TV, Electricity, Internet

Multi Family

  • Property Net Operating Income: 43200.0
  • Annual Operating Expense: 4800.0

Tax Info

  • Tax Annual Amount: 3452.03
  • Tax Block: 11
  • Tax Lot: 24
  • Tax Year: 2023

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2024 08/19/24 Sold $460,000 0.0% --
08/16/2024 08/16/24 Pending -- -- --
07/14/2024 07/14/24 For Sale $459,990 +22.0% --
02/14/2023 02/14/23 Sold $377,000 -3.1% -- View Prior Sale
02/02/2023 02/02/23 Pending -- -- --
12/30/2022 12/30/22 For Sale $389,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224058878

Florida Gulf Coast Multiple Listing Service