6258 PRESIDENTIAL CT new Save Request In-Person Tour Request Virtual Tour
Fort Myers,FL 33919
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,633 sqft
Price per Sqft $266
Subdivision Executive Park Ph 02
MLS Listing ID TB8323787
Bedrooms 11
HOA Y/N No
Originating Board Stellar MLS
Year Built 1984
Annual Tax Amount $6,827
Lot Size 0.630 Acres
Acres 0.63
Lot Dimensions 213x137
Property Description
Everyone who has been looking for value add multifamily listen up! This is the diamond in the rough you've been searching for with an amazing location right off of college parkway, located right next to multiple colleges, high end dining, shopping, and lifestyle. Easy commute to Cape Coral, Sanibel Island, and Fort Meyers beach. This property will be a cash cow! Ideal for an investor/builder/developer, if you are all 3 you are sure to make a killing on this deal. Property was previously an office building; it currently sits as a blank canvas ready to be put together. It has been re zoned for an 11-unit apartment complex. The proposed plan has (3) one bedroom 1 baths, (4) 2 bedroom and 1 bath, and (4) studio units. Estimated cost of construction to build the project is $750,000. Plans and permits to build out the 11 units are included in the sale and can be shared with prospective buyers. You can make this student housing, Airbnb's, long term rentals or a mix. Renderings are what the property can look like, the buyer can modify it to his/her liking. All income, expenses, unit sizes and construction costs are estimates by the owner and broker. Buyer is responsible to do his/her own due diligence.
Location
State FL
County Lee
Community Executive Park Ph 02
Zoning CT
Interior
Interior Features Ninguno
Heating Central
Cooling Central Air
Fireplace false
Laundry None
Exterior
Exterior Feature Balcony,Courtyard,Fence,Irrigation System,Lighting
Garage Open
Utilities Available Electricity Available,Sewer Available,Water Available
Roof Type Shingle
Porch Front Porch,Wrap Around
Garage false
Private Pool No
Building
Lot Description Oversized Lot,Sidewalk
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None