NOT LISTED FOR SALE

554 New York Dr Fort Myers, FL 33905

2 Beds
2 Baths
-- Sq Ft
10,542 Sq Ft Lot

Last Sold October 23, 2023

Last sale price $210,000

211 Days on Market

Highlights

  • Jalousie or louvered window
  • Tile Flooring
  • Paved or Partially Paved Lot
  • Concrete Block With Brick
  • Fenced

About This Home

As of October 2023

Come check out this cash flowing DUPLEX near downtown Fort Myers.This would be a great investment property to gain cash flow now, and fix it up to increase rents. This is a house hackers delight! Great area with lots of jobs nearby for potential tenants. Roof 3 years old, no flood damage from Ian. Concrete block frame with window AC. Low maintenance. Tenant occupied DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

William Drake

DomainRealty.com LLC License #BEAR-3521074 Listed on: 03/13/2023

DomainRealty.com LLC

Last Buyer's Agent

Roberto Oms

Icon Real Estate and Associate License #FORT-279650372

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,798

Year Built

  • Built in 1958

Lot Details

  • 10,542 Sq Ft Lot
  • Lot Dimensions: 76
  • Fenced
  • Paved or Partially Paved Lot

Home Design

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

Interior Spaces

  • Jalousie or louvered window
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Heating System
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for full electric, lawn care
  • Assessor Parcel Number 09-44-25-02-00000.0100
  • $15,000 Seller Concession

Community Details

Overview

  • 2 Units
  • Montgomerys Subdivision Condos
  • Montgomerys Subdivision Community

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $3,860
  • Net Operating Income $14,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,798

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Legal Description: MONTGOMERYS SUBD. PB 9 PG 22 LOT 10 + N 1/2 LOT 11
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.668964$-81.822809$325.05$13.33$1.00$RfxHklqMLHG3y5yqd97l0w
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1958
  • Property Information: Come check out this cash flowing DUPLEX near downtown Fort Myers.This would be a great investment property to gain cash flow now, and fix it up to increase rents. This is a house hackers delight! Great area with lots of jobs nearby for potential tenants. Roof 3 years old, no flood damage from Ian. Concrete block frame with window AC. Low maintenance. Tenant occupied DO NOT DISTURB TENANTS.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Flooring: Tile
  • Windows: Jalousie

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Road: Access Road, Paved Road, Public Road
  • Exterior Features: Fence
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Window Unit
  • Heat: Window Unit
  • Sewer: Assessment Paid
  • Water: Assessment Paid

Association/Amenities

  • Pets: No Approval Needed
  • Development: Montgomerys Subdivision
  • Community Type: Non-Gated
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: MONTGOMERYS SUBDIVISION
  • Development Name: MONTGOMERYS SUBDIVISION

Lot Info

  • Lot Back: 76
  • Lot Frontage: 76
  • Lot Left: 140
  • Lot Right: 140
  • Lot Unit: 10
  • Section: 9
  • Waterfront: No
  • Zoning Code: TFC-2
  • Acres: 0.2420
  • Lot Description: Irregular Shape
  • Lot Dimensions: 76 X 140
  • Parcel Number: 09-44-25-02-00000.0100

Rental Info

  • Tenant Pays: Full Electric, Lawn Care

Tax Info

  • Tax Description: City And County
  • Tax District Type: Municipal Service Tax Unit
  • Taxes: 1798.31
  • Tax Year: 2021

Multi Family

  • Unit Count: 2
  • Gross Rental Income: 18000.00
  • Annual Expenses: 3860.00
  • Annual Net Operating Income: 14140.00

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
10/23/2023 10/23/23 Sold $210,000 -20.8% --
10/10/2023 10/10/23 Pending -- -- --
09/12/2023 09/12/23 For Sale $265,000 0.0% --
08/02/2023 08/02/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $265,000 0.0% --
07/08/2023 07/08/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $265,000 0.0% --
06/21/2023 06/21/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $265,000 -- --
Source: Multiple Listing Service of Bonita Springs-Estero

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • William Drake

    Seller's Agent in 2023

    William Drake

    DomainRealty.com LLC

    (501) 920-4569

    1 in this area

    4 Total Sales

    William Drake
    Section Image

  • R

    Buyer's Agent in 2023

    Roberto Oms

    Icon Real Estate and Associate

    Section Image
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Map

Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 223018574

Multiple Listing Service of Bonita Springs-Estero
Florida Lee County Fort Myers 33905

554 New York Dr, Fort Myers, FL

This home is located at 554 New York Dr, Fort Myers, FL 33905 since 13 March 2023. This property was built in 1958. 554 New York Dr is a home located in Lee County with nearby schools including Tice Elementary School, Orange River 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.

Multiple Listing Service of Bonita Springs-Estero IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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