Fort Myers, FL 33916 1912/1914 French Street
$485,000



1 more


Presented By: Palm Paradise Realty Group
Home Details
INVESTORS!! 9.38% CAP RATE!! X FLOOD ZONE!! FULL OCCUPANCY!! NOI: $45,500 // GROSS: $52,800!! Built in 2023!! This successful rental property is up for sale, along with two other similar models!! This property is also being offered as part of a package deal with 1904/1906 French St. & 2403/2405 Maple Ave. - ALSO FULLY OCCUPIED! Seller is offering up to $20,000 IN CLOSING CREDIT if all three are purchased together!! NOI sheet is available in supplements. Agents: please read remarks.
Presented By: Palm Paradise Realty Group
Interior Features for 1912/1914 French Street
Bedrooms
Total Bedrooms6
Bathrooms
Total Baths4
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringTile
Heating Y/NYes
Window FeaturesSingleHung
General for 1912/1914 French Street
Additional Parcels Y/NNo
Architectural StyleDuplex
Association AmenitiesNone
Attached Garage No
Carport Y/NNo
CityFort Myers
Community FeaturesNonGated
Construction MaterialsBlock, Concrete, Stucco
CoolingCentralAir, Electric
CountyLee
Development NameFORT MYERS
Full Baths4
Garage Y/NNo
HOANo
HOA Fee$0.0
HOA Fee 20.0
HOA Fee 30.0
HeatingCentral, Electric
Home Warranty Y/NNo
Land Lease Amount0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionFAIRDALE BLK G PB 8 PG 20 LOTS 4 + 5
Lot Size UnitsAcres
MLS AreaFE02 - East Fort Myers Area
MobileHomeRemainsYNNo
ModificationTimestamp2025-07-30T23:19:51.603-00:00
Net Operating Income45500.0
New ConstructionNo
Number Of Units Total2
Operating Expense7300.0
Pets AllowedYes
PossessionCloseOfEscrow
PostalCityFort Myers
Property Attached Y/NNo
Property ConditionResale
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameFORT MYERS
Tax Annual Amount5797.04
Tax Lot4
Tax Year2024
Tenant PaysApplicationFee, CreditCheck, Electricity, GroundsCare, Internet, Water
UtilitiesCableAvailable
Waterfront FeaturesNone
Year Built2023
Zoning DescriptionRM-12
Exterior for 1912/1914 French Street
Building Area Total2340.0
Canal WidthNone
Covered Spaces0.0
Crops Included Y/NNo
Exterior AmenitiesNone
Horse Y/NNo
HorsesN
Irrigation Water Rights Y/NNo
Irrigation/Water RightsN
Lot FeaturesRectangularLot
Lot Size Acres0.1372
Lot Size Area0.1372
Lot Size SourceAppraiser
LotDimensionsSourceAppraiser
Road ResponsibilityPublicMaintainedRoad
SpaNo
Water SourcePublic
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History

Daniel Gutierrez Torres
Realtor®