$1,600,000
$500K PRICE DROP

720, 722, 740 Veronica S Shoemaker Blvd Fort Myers, FL 33916

Dunbar Neighborhood

Estimated payment $8,813/month

Total Views 14,574
18 Beds
12 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • High Impact Windows
  • Concrete Block With Brick
  • Paved or Partially Paved Lot
  • Fort Myers High School Rated A
  • Central Heating and Cooling System
  • Vinyl Flooring

About This Home

An exceptional opportunity awaits investors looking to secure a PORTFOLIO OF THREE BRAND NEW DUPLEXES located on SIDE-BY-SIDE LOTS in the rapidly growing FORT MYERS market. This package offers great INCOME POTENTIAL, making it ideal for investors focused on CASH FLOW, APPRECIATION, or 1031 EXCHANGE STRATEGIES. Each duplex contains TWO UNITS with projected monthly rents of $2,300 PER UNIT, offering a total estimated GROSS INCOME OF $165,600 ANNUALLY once all buildings are completed and leased. With STRONG RENTAL DEMAND and LOW VACANCY RATES in the area, this portfolio provides the rare chance to acquire SIX INCOME-PRODUCING UNITS in a single transaction— NEW CONSTRUCTION, which translates to LOW MAINTENANCE COSTS and MAXIMIZED ROI. This is perfect for buyers seeking to EXPAND THEIR MULTIFAMILY HOLDINGS with properties in a CENTRALLY LOCATED, HIGH-DEMAND RENTAL AREA. Whether you're a seasoned investor or new to the multifamily space, this offering presents a SCALABLE, TURNKEY OPPORTUNITY with upside. Reach out for full details, rental projections, and timeline for completion.

Listing Agent

Carlos Diaz

Icon Premier Group, LLC License #NAPLES-249522477 Listed on: 03/27/2025

Co-Listing Agent

Gio Garcia

Icon Premier Group, LLC License #NAPLES-249527603

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $635

Year Built

  • Built in 2025

Lot Details

  • 8,512 Sq Ft Lot
  • Lot Dimensions: 55
  • Paved or Partially Paved Lot

Home Design

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

Flooring

  • Vinyl Flooring

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 12 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • 2 Units
  • Fort Myers Condos
  • Fort Myers Community

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $34,800
  • Net Operating Income $13,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$635

Year Built

Built in 2025

Lot Details

0

Listing Details

  • Legal Description: COX J B 2ND S/D PB 5 PG 60 LOT 4
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.66222$-81.840921$268.31$13.33$1.00$a6WtiDEtGjDLMCAYZpWObA
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 2025
  • Property Information: An exceptional opportunity awaits investors looking to secure a PORTFOLIO OF THREE BRAND NEW DUPLEXES located on SIDE-BY-SIDE LOTS in the rapidly growing FORT MYERS market. This package offers great INCOME POTENTIAL, making it ideal for investors focused on CASH FLOW, APPRECIATION, or 1031 EXCHANGE STRATEGIES. Each duplex contains TWO UNITS with projected monthly rents of $2,300 PER UNIT, offering a total estimated GROSS INCOME OF $165,600 ANNUALLY once all buildings are completed and leased. With STRONG RENTAL DEMAND and LOW VACANCY RATES in the area, this portfolio provides the rare chance to acquire SIX INCOME-PRODUCING UNITS in a single transaction— NEW CONSTRUCTION, which translates to LOW MAINTENANCE COSTS and MAXIMIZED ROI. This is perfect for buyers seeking to EXPAND THEIR MULTIFAMILY HOLDINGS with properties in a CENTRALLY LOCATED, HIGH-DEMAND RENTAL AREA. Whether you're a seasoned investor or new to the multifamily space, this offering presents a SCALABLE, TURNKEY OPPORTUNITY with upside. Reach out for full details, rental projections, and timeline for completion.
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 12
  • Total Bathrooms: 12.00
  • Total Bedrooms: 18
  • Flooring: Vinyl
  • Windows: Impact Resistant

Exterior Features

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

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Association/Amenities

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

Condo/Co-op/Association

  • Sub Condo Name: FORT MYERS
  • Development Name: FORT MYERS

Lot Info

  • Lot Back: 55
  • Lot Frontage: 55
  • Lot Left: 140
  • Lot Right: 140
  • Lot Unit: 4
  • Section: 07
  • Waterfront: No
  • Zoning Code: RM-12
  • Acres: 0.1954
  • Lot Description: Regular
  • Lot Dimensions: 55 X 140

Rental Info

  • Tenant Pays: Application Fee, Cable, Cleaning Fee, Credit Application, Departure Cleaning, Full Electric, Full Telephone, Pet Deposit, Water

Tax Info

  • Tax Description: City And County
  • Taxes: 634.88
  • Tax Year: 2023

Multi Family

  • Unit Count: 8
  • Gross Rental Income: 165600.00
  • Annual Expenses: 34800.00
  • Annual Net Operating Income: 13800.00

Map

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
08/08/2025 08/08/25 Price Changed $1,600,000 -23.8% --
03/26/2025 03/26/25 For Sale $2,100,000 -- --
Source: Naples Area Board of REALTORS®

About the Listing Agent

Carlos Diaz
Carlos Diaz

Icon Premier Group, LLC

(239) 230-4873

Section Image

Carlos is a resident of Naples since 1972. He is a graduate of Naples High School and Florida Southwestern State College, formerly Edison State College, where he attained an Associate in Arts degree. He furthered his studies at the University of Miami, where he studied pre-medicine with a minor in business. He later acquired a medical technologist license. He worked at Mount Sinai in Miami Beach, Florida for several years where he was promoted to chief Medical Technologist.

At the early

View Carlos's Profile

Carlos' Other Listings

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    SELLER IS OFFERING $5,000 BUYER CREDIT!!! PLUS, WORK WITH OUR PREFERRED LENDER TO SECURE A BELOW-MARKET INTEREST RATE! Welcome to your DREAM HOME in the heart of Cape Coral! This stunning 4-BEDROOM, 2-BATH property has been beautifully REMODELED and UPDATED, blending modern elegance with timeless charm. From the moment you step inside, you’ll be captivated by the HUGE OPEN FLOOR PLAN and soaring

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  • 109/111 Gilbert Ave S Unit 20, Lehigh Acres, FL 33973

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    This MULTI-FAMILY VACANT LOT presents an exceptional INVESTMENT OPPORTUNITY in one of SOUTHWEST FLORIDA’S fastest-growing markets. ZONED FOR MULTI-FAMILY DEVELOPMENT, this property is ideal for building DUPLEXES, TRIPLEXES, OR MORE, offering the potential for STEADY RENTAL INCOME AND LONG-TERM APPRECIATION. Located in a QUIET YET RAPIDLY DEVELOPING NEIGHBORHOOD, it provides EASY ACCESS TO

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  • 3307 27th St SW, Lehigh Acres, FL 33976

    $28,900

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    This residential vacant lot offers an incredible opportunity to build your dream home or investment property in one of Southwest Florida's most desirable and rapidly growing areas. Situated in a tranquil neighborhood, enjoy the peace and quiet of suburban living while being just a short drive away from shopping, schools and restaurants. Lehigh Acres is experiencing significant growth and

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  • 706 NW 38th Ave, Cape Coral, FL 33993

    $74,900

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    Build your dream home on this VACANT LOT located in the fast-growing NW CAPE CORAL area. Surrounded by new construction and well-maintained homes, this lot offers the perfect setting for your future residence or investment property. Enjoy the convenience of nearby shopping, dining, and schools, along with easy access to major roads. This is a great opportunity to secure a piece of one of

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  • 2662 Meadow Rd, Lehigh Acres, FL 33974

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  • 28072 Argyle Dr, Punta Gorda, FL 33955

    $13,900

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    Seize the opportunity to build your ideal home on this spacious lot, located in the tranquil and picturesque community of Punta Gorda. This desirable lot offers ample space for both a generously sized residence and lush outdoor living areas. Enjoy the peace of mind that comes with living in a quiet neighborhood, while still benefiting from easy access to local amenities such as shopping centers,

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  • 13172 Avalon Dr, Punta Gorda, FL 33955

    $31,900

    • Land
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    Seize the opportunity to build your ideal home on this spacious lot, located in the tranquil and picturesque community of Punta Gorda. This desirable lot offers ample space for both a generously sized residence and lush outdoor living areas. Enjoy the peace of mind that comes with living in a quiet neighborhood, while still benefiting from easy access to local amenities such as shopping centers,

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Source: Naples Area Board of REALTORS®

MLS Number: 225031847

Naples Area Board of REALTORS®

Florida Lee County Fort Myers 33916 Dunbar

720, 722, 740 Veronica S Shoemaker Blvd, Fort Myers, FL

This home is located at 720, 722, 740 Veronica S Shoemaker Blvd, Fort Myers, FL 33916 and is currently priced at $1,600,000. This property was built in 2025. 720, 722, 740 Veronica S Shoemaker Blvd is a home located in Lee County with nearby schools including Edison Park Creative & Expressive Arts School, Allen Park Elementary School, and Orangewood Elementary School.

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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Carlos Diaz
Carlos Diaz
Listing Agent Section Image
Icon Premier Group, LLC
(239) 230-4873