NOT LISTED FOR SALE

5429/5431 Eighth St Fort Myers Shores, FL 33905

4 Beds
2 Baths
-- Sq Ft
6,316 Sq Ft Lot

Last Sold August 14, 2020

Last sale price $148,000

15 Days on Market

Highlights

  • Fruit Trees
  • Patio
  • 1-Story Property
  • Concrete Block With Brick
  • Tile Flooring
  • Fenced

About This Home

As of August 2020

Income-producing Duplex. Each unit is currently rented at $725 per month, with the intent to raise the rent to $800/month in August. Seller Comments: Neighborhood rents for two-bedroom units are roughly $700 to $1100. Tenants are non-smokers and are on a month to month lease with two weeks advance notice required to move out.

Last Agent to Sell the Property

Barry Segal

The XLN Realty Group License #NAPLES-278524590 Listed on: 07/22/2020

Last Buyer's Agent

Amber Reyes

Local Real Estate LLC License #BEAR-3389672

Local Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,413

Year Built

  • Built in 1980

Lot Details

  • 6,316 Sq Ft Lot
  • Lot Dimensions: 50
  • Fenced
  • Fruit Trees

Home Design

  • Duplex
  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for application fee, cable, full electric, full telephone, internet access, pest control, water
  • Assessor Parcel Number 11-45-24-05-00020.0240
  • Tax Block 20

Community Details

Overview

  • 2 Units
  • Pine Manor Condos

Pet Policy

  • No Pets Allowed

Building Details

  • Operating Expense $3,400
  • Net Operating Income $14,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,413

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Legal Description: PINE MANOR UNIT 5 BLK 20 PB 11 PG 24 LOT 24
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.57405$-81.879584$109.58$13.33$1.00$JaoAzy-5HTVSTGhwknJ3qA
  • Building Design: Duplex
  • Building Description: 1 Story/Ranch
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Flooring: Tile

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Exterior Features: Fence, Fruit Trees, Patio
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Window Unit
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Pets: Not Allowed
  • Development: Pine Manor
  • Amenities: Sidewalk, Underground Utility
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: PINE MANOR

Lot Info

  • Lot Back: 50
  • Lot Frontage: 50
  • Lot Left: 120
  • Lot Right: 120
  • Lot Unit: 24
  • Section: 11
  • Waterfront: No
  • Zoning Code: TFC-2
  • Acres: 0.1450
  • Lot Description: Regular
  • Lot Dimensions: 50 X 120
  • Parcel Number: 11-45-24-05-00020.0240

Rental Info

  • Tenant Pays: Application Fee, Cable, Full Electric, Full Telephone, Internet Access, Pest Control, Water

Tax Info

  • Tax Description: City And County
  • Taxes: 1413.00

Multi Family

  • Unit Count: 2
  • Gross Rental Income: 17400.00
  • Annual Expenses: 3400.00
  • Annual Net Operating Income: 14000.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $148,000 -7.5% --
08/06/2020 08/06/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $160,000 -- --
Source: Naples Area Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Barry Segal

    The XLN Realty Group

    Section Image
  • Amber Reyes

    Buyer's Agent in 2020

    Amber Reyes

    Local Real Estate LLC

    (814) 323-4917

    2 in this area

    114 Total Sales

    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220045954

Naples Area Board of REALTORS®

Florida Lee County Fort Myers Shores 33905

5429/5431 Eighth St, Fort Myers Shores, FL

This home is located at 5429/5431 Eighth St, Fort Myers Shores, FL 33905 since 22 July 2020. This property was built in 1980. 5429/5431 Eighth St is a home located in Lee County with nearby schools including Orange River Elementary School, Tice Elementary School, and Edgewood Academy.

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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