$380,000
For Sale

648 Carolina Avenue

Fort Myers, FL 33905
4 beds | 2 baths | 0.30 acres | #224096021
Browse 7 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

High ROI Potential: With consistent rental income and low maintenance requirements, this property is ideal for cash buyers seeking excellent returns. 648 /650 Carolina Ave, a unique income-producing duplex that’s both charming and profitable, with no other duplexes in the immediate area and agricultural zoning that adds versatility and potential. Whether you’re a seasoned investor or taking your first step into real estate, this property promises high returns with minimal effort.
Why You’ll Love This Investment
Steady Income Stream:
Both units are occupied by tenants, including a long-term month-to-month tenant. This stability ensures a low vacancy rate and consistent income.
Effortless Management: A potential agreement can be made with tenant to handle management & maintenance.
Turnkey Ready: All furnishings (excluding tenant-owned items) are included, making this a seamless investment opportunity.
Unique Features
Agricultural Zoning: This unique feature opens up additional opportunities for creative investors.
Why It’s a Smart Move?
Proven Track Record: Owned and cared for by the same landlord for over 20 years, the property is running smoothly and ready for a new owner to step in and reap the rewards.
Your Next Investment Awaits!!
This duplex is a rare find with built-in stability and the potential for even more growth. Don’t miss the chance to make 648 /650 Carolina Ave the cornerstone of your portfolio. Schedule your showing today!

  • Interior Details
      • Bedrooms4
      • Bathrooms2
      • Full Baths2
  • Property Details
      • Lot DescriptionRectangularLot
    • Measurements
      • Acres0.296
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1971
  • Utilities / Energy Details
      • Utility FeaturesCableNotAvailable
      • Utility SourceAssessmentPaid
      • Sewer InformationSepticTank
  • Community and Neighborhood Details
      • SubdivisionTICE HEIGHTS
    • Location
      • CountyLee
  • Financial Details
      • Original List Price$380,000
      • Taxes Annual$2,330
  • Restrictions
      • PetsYes
  • Other
      • MLS #224096021

Location

Sofia Curkovic | Wise Owl RealtyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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