$225,000
PENDING

7705 Mcdaniel Dr North Fort Myers, FL 33917

Estimated payment $1,295/month

Total Views 537
4 Beds
4 Baths
1,900 Sq Ft
$118 Price per Sq Ft

Highlights

  • 1.14 Acre Lot
  • Oversized Lot
  • Patio
  • North Fort Myers High School Rated A
  • Window Unit Cooling System
  • Vinyl Flooring

About This Home

Discover an exceptional investment opportunity in the vibrant community of Suncoast Estates, North Fort Myers. This versatile property features two well-maintained manufactured homes and three additional structures, all generating a combined rental income of $2,700 per month. Perfect for investors seeking steady cash flow or homeowners looking to offset expenses with rental income.

Key Features:

The property includes two spacious and comfortable manufactured homes. Each home offers modern amenities and appliances, well-maintained interiors with updated fixtures, and separate utilities.

In addition to the manufactured homes, there are three additional structures. These structures are versatile and can be used as guest houses, storage, or additional rental units. They provide consistent rental income from long-term tenants and have potential for further customization and upgrades.

Situated in the desirable Suncoast Estates neighborhood, the expansive lot offers ample parking space. The location provides proximity to schools, shopping, and local amenities, with easy access to major highways and public transportation.

The property generates a total monthly rental income of $2,700, with low vacancy rates and a stable tenant base, making it ideal for investors or multi-generational living.

Additional benefits include a quiet, community-oriented environment, potential for future development or expansion, and strong demand for rental properties in the area.

Don't miss out on this unique chance to own a multi-structure property in Suncoast Estates, North Fort Myers. Whether you're an investor looking for a reliable income stream or a homeowner seeking additional rental income, this property offers endless possibilities.

Listing Agent

Nathan Corkhill

EXP Realty LLC License #258012536 Listed on: 05/30/2024

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,282

Year Built

  • Built in 1970

Lot Details

  • 1.14 Acre Lot
  • Lot Dimensions are 165 x 305 x 165 x 305
  • Oversized Lot

Home Design

  • Duplex
  • Metal Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property
  • Single Hung Windows
  • Sliding Windows
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Patio

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 10 / 69
  • Assessor Parcel Number 25-43-24-03-00069.0100

Community Details

Overview

  • 2 Units
  • Suncoast Estates Unrec Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,282

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.14
  • Lot Size: 165 x 305 x 165 x 305
  • Subdivision Name: SUNCOAST ESTATES UNREC
  • Directions: use maps
  • Architectural Style: Other, Ranch, One Story
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1970
  • Property Sub Type Additional: Duplex
  • Pets No Pets Comments: ,,,
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Vinyl
  • Window Features: Single Hung, Sliding

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Manufactured, Vinyl Siding
  • Exterior Features: Patio, Room For Pool
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Metal

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window Unit
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Well

Condo/Co-op/Association

  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 25-43-24-03-00069.0100
  • Zoning Description: MH-3
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Internet, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 32400.0

Tax Info

  • Tax Annual Amount: 1282.5
  • Tax Block: 69
  • Tax Lot: 10
  • Tax Year: 2023

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
06/27/2024 06/27/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $225,000 -- $118 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224047578

Florida Gulf Coast Multiple Listing Service