6258 Presidential Court
$1,500,000
11
5,633
5,633
$266
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.
- Listed by Evan Perrett • CENTURY 21 RE CHAMPIONS
- Listed by William Watanabe • CENTURY 21 RE CHAMPIONS
Property Details for 6258 Presidential Court
Subdivision Name
EXECUTIVE PARK PH 02
Township45
WaterfrontNo
LISTING UPDATED: 11/26/2024 01:05 PM
Property Details for 6258 Presidential Court
Status | Active |
---|---|
MLS # | TB8323787 |
Days on Market | 2 |
Taxes | $6,827 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Multi-Family |
Year Built | 1984 |
Lot Size | 0.63 AC / 27,443 SF |
County | Lee County |
Building Information for 6258 Presidential Court
Stories-Residences11Year Built1984Building Size-Lot Size0.63 AC / 27,443 SF
Property Information for 6258 Presidential Court
Property History for 6258 Presidential Court
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.
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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