2674-2674 Michigan Avenue

Fort Myers, FL 33916

$549,000
Price
4
Beds
2
Baths
1,800 Sq. Ft.
$305 / Sq. Ft.
1,800
Sq. Ft.
$305
per Sq. Ft.

Description

This charming corner lot property is situated in the highly desirable Dean Park District of Fort Myers. Featuring a new standing seam metal roof, impact windows, tankless water heaters, and elevated HVAC units, this income producing property is outfitted to withstand wear and tear from both tenants and the elements, allowing a potential buyer to focus on generating income rather than attending to maintenance issues. In terms of amenities, this property features twin carports with attached laundry...This charming corner lot property is situated in the highly desirable Dean Park District of Fort Myers. Featuring a new standing seam metal roof, impact windows, tankless water heaters, and elevated HVAC units, this income producing property is outfitted to withstand wear and tear from both tenants and the elements, allowing a potential buyer to focus on generating income rather than attending to maintenance issues. In terms of amenities, this property features twin carports with attached laundry rooms and a large fenced in back yard. The location is also unbeatable, providing residents walking access to downtown Fort Myers while affording them all of the peace and serenity that Dean Park living offers. The left side of this duplex is occupied by an annual tenant at more than $2,000 per month and the right side unit is currently operated as a vacation rental, providing ample opportunity for owner occupants to take advantage of the income from the left unit while living in the right unit. For investors looking to maximize cash flow, there have been multiple applications for annual tenancy of the right side at $2,400 per month. Possible annualized gross income of $57,600 with both sides rented at $2,400 per month. This property features an assumable flood insurance policy, providing coverage through the end of 2025. Agent/Owner Disclaimer- Listing agent possesses an ownership interest in the property.
  1. Listed by Palmer Rosen • Premier Sotheby's Int'l Realty

Property Details for 2674-2674 Michigan Avenue

Development
DEAN PARK
Building Design
Duplex
Community Type
No Subdivision
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
None/Other
LISTING UPDATED: 12/11/2024 06:00 PM

Property Details for 2674-2674 Michigan Avenue

StatusActive
MLS #224100587
Days on Market5
Taxes$4,036 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
Lot Size0.17 AC / 7,448 SF
CountyLee County

Building Information for 2674-2674 Michigan Avenue

Stories1Residences2Year Built1957Building Size-Lot Size0.17 AC / 7,448 SF

Property Information for 2674-2674 Michigan Avenue

Summary
Location and General Information
  • City: Fort Myers
  • Human Modified: Yes
  • Latitude: 26.65
  • Longitude: -81.86
  • MLS Area Major: DT01 - Downtown Fort Myers
  • Pets: Limits, With Approval
  • Postal Code: 33916
  • Street Name: Michigan
  • Street Number: 2674-2674
  • Street Suffix: AVE
  • Block: 2
  • Full Address: 2674-2674 Michigan AVE
Parking
  • Covered Spaces: .00
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • Association Fee Total Frequency: Annually
  • Association Fee 2: $.00
  • Tax Annual Amount: $4,035.92
  • Tax Year: 2023
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Development Name: DEAN PARK
  • Parcel Number: 13-44-24-P3-00602.0210
  • Property Type: Residential Income
  • Section: 13
  • Lot Unit: 21
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Corner Lot
  • Acres: 0.171
  • Lot Size Area: 0.171
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: EVANS ADD BLK 2 PB 1 P 29 N 76 FT OF LTS 21 & 23 DESC IN OR 974 PG 267
Property and Assessments
  • Total Area: 1800.0
  • Possession: Subject To Tenant Rights
  • Property Condition: Resale
  • Property Sub Type: Duplex
  • Township: 44
  • Range: 24E
  • Special Assessment: 0.00
  • Sub Condo Name: DEAN PARK
  • Year Built Numeric: 1957
  • Property Sub Type Additional: Duplex
  • Zoning Code: RS-7
Lease Information
  • Land Lease Fee: $.00
  • Lease Amount Per Area Unit: Dollars Per Square Foot
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: Assessment Paid
  • Utilities: Cable Available
  • Water Source: Assessment Paid
  • Water: Assessment Paid
Multi Family
Multi-Family Information
  • Gross Rental Income: $26,400.00
  • Annual Net Operating Income: $26,400.00
  • Annual Food And Beverage Minimum: 0.00
  • Number Of Units Total: 1
  • Annual Expenses: $5,000.00
  • Other Fee: $.00
  • Stories: 1.0
  • Units in Building: 2
Unit 1 Information
  • Monthly Gross Income: $2,200.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Description: Laundry in Garage,
  • Furnished: Furnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 2200
  • Unit Type Type: Four Bedroom Or More
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 1800.0
Interior and Exterior Features
Exterior Features
  • Architectural Style: Ranch, One Story, Duplex
  • Association Amenities: Dog Park, Park, Sidewalks
  • Canal Width: None
  • Construction: Poured Concrete, Concrete Block
  • Exterior Features: Fence
  • Exterior Features: Fence
  • Irrigation Source: None
  • Private Pool: No
  • Roof: Metal
  • Structure Type: Duplex
  • Gulf Access: No
  • Spa: No
Interior Features
  • Baths Full: 2
  • Bathrooms Total Integer: 2.0
  • Beds Total: 4
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Elevator Text Details: None
  • Flooring: Concrete
  • Heating: Central, Electric
  • Heating: Yes
  • Interior Features: High Speed Internet
  • Interior Features: High Speed Available
  • Window Features: Impact Glass
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 2674-2674 Michigan Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2674-2674 Michigan Avenue

This home is within Lee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 5
Rating
School
Distance
Allen Park Elementary School
PublicPK to 5

Colonial Elementary School
PublicPK to 5

Franklin Park Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2674-2674 Michigan Avenue is a multi-family home for sale in Fort Myers, FL 33916. This property was listed for sale on December 11, 2024 by Premier Sotheby's Int'l Realty, it's currently listed at $549,000. This listing's school district is Lee. Nearby schools include Edison Park Creative And Expressive Arts School, Allen Park Elementary School and Colonial Elementary School. 2674-2674 Michigan Avenue is a 4-bed, 2-bath, 1,800 sqft multi-family home built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Premier Sotheby's Int'l Realty, Palmer Rosen

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