Listing provided by: Jerry Niesman, KW Peace River Partners
1301 Thompson St
North Fort Myers, FL 33903
$460,000
Sold
Overview
Do not miss this fully renovated gulf access home! It has 4 bedrooms and 3 baths including an attached 1 bedroom 1 bath apartment with full kitchen and its own separate entrance that can easily be rented for at least $1200 per month or as a short term vacation rental for even more income if you want to live in it and rent that side out. Or use it for your adult children if they need to come home or a parent if they need to come stay with you or even for guests. Or buy it as an investment property and rent both units annually or as vacation homes! The options are endless and the income good. **Investors estimated CAP rate 11% as an annual rental and much higher as a vacation rental.** Everything you see and touch has been replaced. Quartz counters with waterfall sides on the island and matching backsplash, wood shaker cabinets, new stainless appliances in both the main house and apartment, new luxury plank vinyl flooring throughout, new showers, new toilets, complete new septic system, new AC, new hurricane rated garage door, all new energy efficient low-E impact glass windows throughout, all new impact rated exterior doors, new paint inside and out and new composite dock. Home recently appraised for $575k. Seller is willing to give $11k closing cost credit as well which can be used to buy the interest rate down. If used for temporary rate buy down payment can be reduced by roughly $610 per month year 1 and about $310 per month in year 2. Call for details.
...
4 Beds
3 Full Baths
2,516 ft2
0.29 acre lot
Details
General
Stories
1
Bedrooms
4
Bathrooms
3 full
Square footage
2,516 sq. ft.
Lot size
0.29 acre lot
Pool
No
Year built
1958
Other
Type
House
Included features
CableAvailable, HighSpeedInternetAvailable
Listing information
MLS #
224048463
APN
03442410000000050
Listing provided by
Jerry Niesman, KW Peace River Partners
Attribution Contact
+12392019583
Status
Sold
Location
Neighborhood
Belle Aire Lagoon
County
Lee
1301 Thompson St, North Fort Myers, FL 33903
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