4085-4095 Palm Lane

Fort Myers, FL 33905

$399,900
Price
6
Beds
4
Baths
2,768 Sq. Ft.
$144 / Sq. Ft.
2,768
Sq. Ft.
$144
per Sq. Ft.

Description

Price correction. Investor special. This is a rare opportunity to own a substantial property comprising three fully rented units on a total of 0.46 acres. Located at 4085, 4091, and 4095 on Palm Ln in Fort Myers, these units generate a total gross rent of $3,750 per month. The first unit, 4085, is a single-wide with 2 bedrooms and 1 bathroom, currently rented for $1,150 per month. The lease for this unit expires in January 2025. The second unit, 4091, is a double-wide with 3 bedrooms and 2 bathrooms,...Price correction. Investor special. This is a rare opportunity to own a substantial property comprising three fully rented units on a total of 0.46 acres. Located at 4085, 4091, and 4095 on Palm Ln in Fort Myers, these units generate a total gross rent of $3,750 per month. The first unit, 4085, is a single-wide with 2 bedrooms and 1 bathroom, currently rented for $1,150 per month. The lease for this unit expires in January 2025. The second unit, 4091, is a double-wide with 3 bedrooms and 2 bathrooms, rented for $1,400 per month with the lease expiring in February 2024. The third unit, 4095, is a single-wide with 2 bedrooms and 1 bathroom, rented for $1,100 per month with the lease expiring in September 2024. All three units have been well-maintained, with new metal roofs installed between 2015 and 2017, each featuring lifetime transferable warranties. Additionally, new HVAC systems were installed during the same period and are serviced twice a year. Each unit is connected to city water and sewer and has its own separate driveway. This property is located in a great area near I-75, just minutes from downtown Fort Myers, and is situated in Flood Zone X. The tenants in place are reliable and have expressed a desire to stay long-term, making this an attractive investment opportunity. For further details and to schedule a viewing, please refer to the agent remarks in the showing instructions. Don't miss out on this fantastic investment with strong rental income and minimal maintenance due to recent upgrades.
  1. Listed by Jose Torna • Coldwell Banker Realty

Property Details for 4085-4095 Palm Lane

Development
FORT MYERS
Building Design
Manufactured
Community Type
Non-Gated
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
Landscaped Area
Garage Spaces
.00
LISTING UPDATED: 11/11/2024 12:59 PM

Property Details for 4085-4095 Palm Lane

StatusActive
MLS #224060502
Days on Market128
Taxes$2,844 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1968
Lot Size0.46 AC / 20,168 SF
CountyLee County

Building Information for 4085-4095 Palm Lane

Stories1Year Built1968Building Size-Lot Size0.46 AC / 20,168 SF

Property Information for 4085-4095 Palm Lane

Summary
Location and General Information
  • City: Fort Myers
  • Directions: gps
  • Human Modified: Yes
  • Latitude: 26.68
  • Longitude: -81.79
  • MLS Area Major: FE04 - East Fort Myers Area
  • Pets: No Approval Needed
  • Postal Code: 33905
  • Street Name: Palm
  • Street Number: 4085-4095
  • Street Suffix: LN
  • Block: 3
  • Full Address: 4085-4095 Palm LN
Parking
  • Carport Spaces: 6.00
  • Carport: Yes
  • Covered Spaces: 6.00
  • Garage: No
  • Parking Features: Detached Carport
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • Association Fee Total: $.00
  • Association Fee Total Frequency: Annually
  • Association Fee 2: $.00
  • Maintenance: None
  • Mandatory HOA: No
  • Tax Annual Amount: $2,844.17
  • Tax Year: 2023
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Source of Measure Total Area: Appraiser
  • Development Name: FORT MYERS
  • Parcel Number: 03-44-25-01-00042.0170
  • Property Type: Residential
  • Section: 03
  • Lot Unit: 2
  • Source of Measure Living Area: Appraiser
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Oversized Lot
  • Acres: 0.463
  • Lot Size Area: 0.463
  • Lot Size Dimensions: 137 x 148 x 138 x 138
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: TERRY TICE + VANDAWALKER BLK 3 PB 1 PG 46 PT LT 2 DESC IN OR 452 PG 605
Property and Assessments
  • Total Area: 2768.0
  • Rear Exposure: SE
  • Approx Living Area: 2768.0
  • Possession: Close Of Escrow
  • Property Condition: Resale
  • Property Sub Type: Manufactured Home
  • Township: 44
  • Senior Community: false
  • Range: 25E
  • Special Assessment: 0.00
  • Sub Condo Name: FORT MYERS
  • Year Built Numeric: 1968
  • Property Sub Type Additional: Manufactured Home
  • Zoning Code: MH-1
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
  • Num Unit Floor: 1
  • Annual Food And Beverage Minimum: 0.00
  • Units in Complex: 3
  • Other Fee: $.00
  • Total Floors: 1
  • Total One Time Fees: $.00
  • Units in Building: 1
  • Unit Location: 1
Interior and Exterior Features
Exterior Features
  • Architectural Style: Other, See Remarks, Manufactured Home
  • Association Amenities: None
  • Canal Width: None
  • Community Features: Non Gated
  • Construction: Metal Frame, Manufactured
  • Exterior Features: Other
  • Exterior Features: None
  • Irrigation Source: Included In Assessment
  • Private Pool: No
  • Roof: Metal
  • Structure Type: Manufactured House
  • Gulf Access: No
  • Spa: No
Interior Features
  • Appliances: Range, Refrigerator
  • Baths Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4.0
  • Beds Total: 6
  • Bedrooms: 6 or More
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Elevator Text Details: None
  • Flooring: Vinyl
  • Furnished Desc: Unfurnished
  • Heating: Central, Electric
  • Heating: Yes
  • Interior Features: Other, See Remarks
  • Interior Features: Other
  • Rooms Total: 0
  • Window Features: Other
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 4085-4095 Palm Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 4085-4095 Palm Lane

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
Orange River Elementary School
PublicPK to 5

Tice Elementary School
PublicPK to 5

James Stephens International Academy
PublicPK to 5

Manatee 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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4085-4095 Palm Lane is a single family home for sale in Fort Myers, FL 33905. This property was listed for sale on July 19, 2024 by Coldwell Banker Realty, it's currently listed at $399,900. This listing's school district is Lee. Nearby schools include Orange River Elementary School, Tice Elementary School and James Stephens International Academy. 4085-4095 Palm Lane is a 6-bed, 4-bath, 2,768 sqft single family home built in 1968.

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 Coldwell Banker Realty, Jose Torna

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