6258 Presidential Court

Fort Myers, FL 33919

$1,500,000
Price
11
Beds
5,633 Sq. Ft.
$266 / Sq. Ft.
5,633
Sq. Ft.
$266
per Sq. Ft.

Description

Everyone who has been looking for value add multifamily listen up! This is the diamond in the rough you've been searching for with an amazing location right off of college parkway, located right next to multiple colleges, high end dining, shopping, and lifestyle. Easy commute to Cape Coral, Sanibel Island, and Fort Meyers beach. This property will be a cash cow! Ideal for an investor/builder/developer, if you are all 3 you are sure to make a killing on this deal. Property was previously an office...Everyone who has been looking for value add multifamily listen up! This is the diamond in the rough you've been searching for with an amazing location right off of college parkway, located right next to multiple colleges, high end dining, shopping, and lifestyle. Easy commute to Cape Coral, Sanibel Island, and Fort Meyers beach. This property will be a cash cow! Ideal for an investor/builder/developer, if you are all 3 you are sure to make a killing on this deal. Property was previously an office building; it currently sits as a blank canvas ready to be put together. It has been re zoned for an 11-unit apartment complex. The proposed plan has (3) one bedroom 1 baths, (4) 2 bedroom and 1 bath, and (4) studio units. Estimated cost of construction to build the project is $750,000. Plans and permits to build out the 11 units are included in the sale and can be shared with prospective buyers. You can make this student housing, Airbnb's, long term rentals or a mix. Renderings are what the property can look like, the buyer can modify it to his/her liking. All income, expenses, unit sizes and construction costs are estimates by the owner and broker. Buyer is responsible to do his/her own due diligence.
  1. Listed by Evan Perrett • CENTURY 21 RE CHAMPIONS
  2. Listed by William Watanabe • CENTURY 21 RE CHAMPIONS

Property Details for 6258 Presidential Court

Subdivision Name
EXECUTIVE PARK PH 02
Township
45
Waterfront
No
LISTING UPDATED: 11/26/2024 01:05 PM

Property Details for 6258 Presidential Court

StatusActive
MLS #TB8323787
Days on Market2
Taxes$6,827 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1984
Lot Size0.63 AC / 27,443 SF
CountyLee County

Building Information for 6258 Presidential Court

Stories-Residences11Year Built1984Building Size-Lot Size0.63 AC / 27,443 SF

Property Information for 6258 Presidential Court

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 5633.0
  • Building Area Units: Square Feet
  • Directions: From college pkway turn onto corporate ct, right onto presidential. property is on the right hand side
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 6258
  • Street Name: PRESIDENTIAL
  • Street Suffix: COURT
  • State: FL
  • City: FORT MYERS
Parking
  • Available For Lease: Yes
  • Carport: No
  • Garage: No
  • Parking Features: Open
Taxes and HOA Information
  • Association Approval Required: No
  • Association: No
  • CDD: No
  • Tax Block: 00000
  • Tax Book Number: 34-26
  • Tax Legal Description: EXECUTIVE PARK PHASE II PB 34 PG 26 LOT 36
  • Tax Lot: 36
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Oversized Lot, Sidewalk
  • Lot Size Dimensions: 213x137
  • Parcel Number: 14-45-24-34-00000.0360
  • Total Acreage: 1/2 to less than 1
  • Total Num Buildings: 2
  • Water Access: No
  • Water Extras: No
  • Zoning: CT
  • Living Area: 5633
  • Lot Dimensions: 213x137
Property and Assessments
  • Year Built Numeric: 1984
  • Flood Zone Code: AE
  • Flood Zone Date: 11-17-2022
  • Flood Zone Panel: 12071C0417G
  • New Construction: No
  • Public Survey Range: 24
  • Public Survey Section: 14
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Balcony, Courtyard, Fenced, Irrigation System, Lighting
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch, Wrap Around
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 11
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Central
  • Interior Features: Ninguno
  • Laundry Features: None
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Expenses: $108,000
  • Annual Net Income: $109,200.00
  • Gross Income: $217,200
  • Total Monthly Expenses: $9,000
  • Unit Count: 3
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 0
  • Unit Type Heated Sq Ft 1: 270
  • Unit Type Number Of Units Occupied 1: 0
  • Unit Type Pro Forma 1: 1400
  • Unit Type Type 1: Studio
  • Unit Type Units Total 1: 4
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
  • Unit Type Heated Sq Ft 2: 500
  • Unit Type Number Of Units Occupied 2: 0
  • Unit Type Pro Forma 2: 1500
  • Unit Type Type 2: 1 Bed/1 Bath
  • Unit Type Units Total 2: 3
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 2
  • Unit Type Heated Sq Ft 3: 568
  • Unit Type Number Of Units Occupied 3: 0
  • Unit Type Pro Forma 3: 2000
  • Unit Type Type 3: 2 Bed/1 Bath
  • Unit Type Units Total 3: 4
Rental
Rental Information
  • Total Actual Rent: $18,100
  • Minimum Lease Period: 0

Property History for 6258 Presidential Court

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 6258 Presidential Court

Taxable ValueLand$165,185Additions$324,327Total$489,512
Tax Record2023$6,827 ($569 / month)
Home Facts
Total Finished SqFt2,464 SqFtAbove Grade Finished SqFt2,464 SqFtStories3Lot Size26,001 SqFtStyleOffice BuildingYear Built1984Year Renovated1986ZoningCTCountyLEEAPN14-45-24-34-00000.0360

Schools near 6258 Presidential Court

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
Tanglewood Elementary School
PublicPK to 5

Orangewood Elementary School
PublicPK to 5

Heights Elementary School
PublicPK to 5

Villas 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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6258 Presidential Court is a multi-family home for sale in Fort Myers, FL 33919. This property was listed for sale on November 25, 2024 by CENTURY 21 RE CHAMPIONS, it's currently listed at $1,500,000. It has been on the market for a total of 2 days and was last sold on February 16, 2022. This listing's school district is Lee. Nearby schools include Tanglewood Elementary School, Orangewood Elementary School and Heights Elementary School. 6258 Presidential Court is a 11-bed, 0-bath, 5,633 sqft multi-family home built in 1984.

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 CENTURY 21 RE CHAMPIONS, Evan Perrett; CENTURY 21 RE CHAMPIONS, William Watanabe

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.