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Under contract-accepting backup offers. So Much Potential! This 3-bedroom, 1-bathroom home with a commode room off the Primary bedroom offers a fantastic opportunity for investors, flippers, or handy buyers looking to bring a property back to life. With an eat-in kitchen, formal dining room (maybe used for an office or den), spacious living room, a screened-in porch, and an inside laundry room, there's plenty of room to work with and reimagine the space. The backyard is partially fenced and offers a peaceful, private setting—perfect for relaxing, entertaining, or creating your ideal outdoor retreat. Cooling is provided by wall and window A/C units, and the roof was replaced with permits in 2018, giving you a solid start for your renovation plans. The home is connected to city water and has a private septic system. Out back, you'll find two sheds—one in good condition for storage or workshop use, and another that needs some rehab with an added-on space and has solid bones and potential for a variety of uses. Located in North Fort Myers, this property sits in a community known for its laid-back, Old Florida charm, natural beauty, and close-knit neighborhood feel. You'll enjoy quick access to I-75 for commuting, plus churches, schools, dining, and convenient shopping all within a 2-mile radius. Downtown Fort Myers and the riverfront are also just a short drive away. Whether you're looking for your next flip, rental investment, or a project to make your own, this property offers incredible value and possibility in a growing area. Don't miss your chance to turn this diamond in the rough into something special!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $124,000 | $124,000 | $124,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.944% | 7.025% | 6.046% |
Monthly Tax Payment | $212 | $212 | $212 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $763 | $815 | $1,030 |
Total Monthly Payment | $1,050 | $1,102 | $1,317 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.