NOT LISTED FOR SALE

6636-6640 Warwick Cir Fort Myers, FL 33919

Estimated Value: $434,000 - $479,382

7 Beds
4 Baths
2,651 Sq Ft
$174/Sq Ft Est. Value

Last Sold August 07, 2024

Last sale price $500,000 $189 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,873/month

59 Days on Market

Highlights

  • Corner Lot
  • Tile Flooring
  • Ceiling Fan
  • Fort Myers High School Rated A
  • Central Heating and Cooling System

About This Home

As of August 2024

Prime Investment Opportunity in Fort Myers! Seize the chance to own this exceptional triplex, solidly constructed with concrete block and positioned in a superb Fort Myers location. Currently generating $58,800 in annual rental income, this property is an excellent addition to any investment portfolio. Located within walking time to Ruttenburg Park and essential conveniences like 7-Eleven, Walgreens, Walmart, and Publix, the triplex is also just minutes from Cape Coral and key attractions in Fort Myers, including Sanibel, Fort Myers Beach, and downtown. It features three units: two with 2 bedrooms and 1 bathroom each, and a larger unit with 3 bedrooms and 2 bathrooms. All units are equipped with tile flooring, private in-unit laundry, and separate electric and water meters. Recent updates include newer air conditioners (2019/2020/2021) and a roof installed in 2022. The units are in excellent condition, with interior photos available upon request, ensuring a turnkey solution for immediate rental income.

Last Agent to Sell the Property

Chris Horvath

RE/MAX Realty Group License #258020338 Listed on: 06/08/2024

RE/MAX Realty Group

Last Buyer's Agent

Palmer Rosen

Premier Sotheby's Int'l Realty License #280597148

Premier Sotheby's Int'l Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,221

Year Built

  • Built in 1974

Lot Details

  • 8,233 Sq Ft Lot
  • Lot Dimensions are 97 x 76 x 101 x 83
  • Corner Lot
  • Rectangular Lot

Home Design

  • Triplex
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 2,651 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, water
  • Tax Lot 8
  • Assessor Parcel Number 21-45-24-21-00000.0080

Community Details

Overview

  • 3 Units
  • Fort Myers Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $6,500
  • Net Operating Income $52,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,221

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.189
  • Lot Size: 97 x 76 x 101 x 83
  • Subdivision Name: FORT MYERS
  • Architectural Style: Other
  • Structure Type: Triplex
  • Year Built: 1974
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Flooring: Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Corner Lot, Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: None
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 21-45-24-21-00000.0080
  • Zoning Description: C-1
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 3
  • Property Net Operating Income: 52900.0
  • Annual Operating Expense: 6500.0

Tax Info

  • Tax Annual Amount: 4220.69
  • Tax Lot: 8
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2024
Closed on
Aug 7, 2024
Sold by
Rit Duplex Four Llc
Bought by
Rosen Rcg Enterprises Iv Llc
Seller's Agent
Chris Horvath
RE/MAX Realty Group
Buyer's Agent
Palmer Rosen
Premier Sotheby's Int'l Realty
List Price
$575,000
Sold Price
$500,000
Premium/Discount to List
-$75,000
-13.04%
Views
36
Current Estimated Value
$462,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,404
Avg. Annual Appreciation
-7.20%

Purchase Details

Closed on
Sep 26, 2019
Sold by
Rit Llc
Bought by
Rit Duplex Four Llc

Purchase Details

Closed on
Jan 30, 2014
Sold by
Federal National Mortgage Association
Bought by
Rit Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 2013
Sold by
Riese Craig
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 2, 2001
Sold by
Lawrence Albert H and Lawrence Marcella M
Bought by
Riese Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 4, 1999
Sold by
Clerk Circuit Court
Bought by
Lee Cty
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
Rosen Rcg Enterprises Iv Llc $500,000 Experienced Title & Escrow
Rit Duplex Four Llc $89,000 Accommodation
Rit Llc -- Attorney
Federal National Mortgage Association -- None Available
Riese Craig $130,000 --
Lee Cty -- --
Lee Cty -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rit Llc $105,000
Previous Owner Riese Craig $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2024 08/18/24 Pending -- -- --
08/07/2024 08/07/24 Sold $500,000 -9.1% $189 / Sq Ft
07/01/2024 07/01/24 Price Changed $550,000 -4.3% $207 / Sq Ft
06/08/2024 06/08/24 For Sale $575,000 -- $217 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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
2024 $4,221 $225,580 -- --
2023 $4,221 $205,073 $0 $0
2022 $3,596 $186,430 $0 $0
2021 $3,066 $169,482 $39,107 $130,375
2020 $2,998 $163,117 $39,107 $124,010
2019 $2,849 $153,430 $39,107 $114,323
2018 $2,926 $155,044 $39,107 $115,937
2017 $2,921 $152,625 $40,000 $112,625
2016 $3,277 $175,896 $40,369 $135,527
2015 $3,051 $157,038 $43,328 $113,710
2014 -- $120,387 $12,328 $108,059
2013 -- $106,198 $8,390 $97,808
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224050098

Florida Gulf Coast Multiple Listing Service

APN: 21-45-24-21-00000.0080