4085-4095 Palm Lane
$399,900
6
4
2,768
2,768
$144
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.
- Listed by Jose Torna • Coldwell Banker Realty
Property Details for 4085-4095 Palm Lane
Development
FORT MYERS
Building DesignManufactured
Community TypeNon-Gated
WaterfrontNo
Waterfront DescNone
Waterfront DescNone
ViewLandscaped Area
Garage Spaces.00
LISTING UPDATED: 11/11/2024 12:59 PM
Property Details for 4085-4095 Palm Lane
Status | Active |
---|---|
MLS # | 224060502 |
Days on Market | 127 |
Taxes | $2,844 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family |
Year Built | 1968 |
Lot Size | 0.46 AC / 20,168 SF |
County | Lee 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
Property History for 4085-4095 Palm Lane
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 |
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Public - | PK to 5 | |||
Public - | PK to 5 | |||
Public - | PK to 5 | |||
Public - | PK to 5 |
Rating | School | Distance |
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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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