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Great opportunity for investors with 10% Cap Rate: $6,000 (Income)- $1,980 (Associations Dues)-$378.11 (Annual Taxes)-$600 (management Annually) = $3.041.89 NET PROFIT ANNUALLY.2 Bedroom 1 Bathroom apartment with tenant currently paying $500 a month with an annual lease. Nice size fence yard with pool. Under professional management. Unit sold AS IT. Comes with current Tenant.
Property Details
Price: $29,900
Sq Ft: 745
($40 per sqft)
Bedrooms: 2
Bathrooms: 1
Unit On Floor: 2
City: Fort Myers
County: Lee
Type: Condo
Development: Suns Condo
Year Built: 1979
Listing Number: 214029333
Status Code: CS-Closed Sale
Taxes: $394.00
Tax Year: 2013
Garage:
Furnishings: Unfurnished
Pets Allowed: No
Interior Features:
Bathtub
Living Dining Room
Other
Separate Shower
Split Bedrooms
Amenities:
Pool
Management
Financial Information:
Taxes: $394.00
Tax Year: 2013
HOA Fee 3: $165.00
HOA Frequency 3: Monthly
Exterior Features:
None
Equipment:
Dishwasher
Disposal
Microwave
Range
Refrigerator
Additional Information:
Building Description: Low Rise
Building Design: Low Rise (1-3 Floors)
MLS Area: Fm03 - Fort Myers Area
Total Square Footage: 745
Total Floors: 2
Water: Well
Construction: Block, Concrete, Stucco
Short Sale: No
Date Listed: 2014-05-16 16:01:03
Pool Description: Community
Furnished: Unfurnished
Windows: Single Hung
Garage Spaces: 0
Flooring: Carpet
Roof: Rolled Hot Mop
Heating: Central, Electric
Cooling: Central Air, Electric
Storm Protection: None
Security: None
Irrigation: Well
Pets: No
Restrictions: No Restrictions
Sewer: Septic Tank
Lot Desc.: See Remarks, Zero Lot Line
Amenities: Pool, Management
Map of 2950 Royal Palm Ave 110, Fort Myers, FL 33901
Listing Courtesy Of: Broadway Realty & Management I
daniel@rentaldirection.com