648 Carolina Avenue

Fort Myers, FL 33905

$380,000
Price
4
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

High ROI Potential: With consistent rental income and low maintenance requirements, this property is ideal for cash buyers seeking excellent returns. 648 /650 Carolina Ave, a unique income-producing duplex that’s both charming and profitable, with no other duplexes in the immediate area and agricultural zoning that adds versatility and potential. Whether you’re a seasoned investor or taking your first step into real estate, this property promises high returns with minimal effort. Why You’ll Love...High ROI Potential: With consistent rental income and low maintenance requirements, this property is ideal for cash buyers seeking excellent returns. 648 /650 Carolina Ave, a unique income-producing duplex that’s both charming and profitable, with no other duplexes in the immediate area and agricultural zoning that adds versatility and potential. Whether you’re a seasoned investor or taking your first step into real estate, this property promises high returns with minimal effort. Why You’ll Love This Investment

Steady Income Stream:
Both units are occupied by tenants, including a long-term month-to-month tenant. This stability ensures a low vacancy rate and consistent income. Effortless Management: A potential agreement can be made with tenant to handle management & maintenance. Turnkey Ready: All furnishings (excluding tenant-owned items) are included, making this a seamless investment opportunity. Unique Features
Agricultural Zoning: This unique feature opens up additional opportunities for creative investors. Why It’s a Smart Move? Proven Track Record: Owned and cared for by the same landlord for over 20 years, the property is running smoothly and ready for a new owner to step in and reap the rewards. Your Next Investment Awaits! This duplex is a rare find with built-in stability and the potential for even more growth. Don’t miss the chance to make 648 /650 Carolina Ave the cornerstone of your portfolio. Schedule your showing today!
  1. Listed by Nikijha Lynch • RB Real Estate LLC
  2. Listed by Nicole Outten • RB Real Estate LLC

Property Details for 648 Carolina Avenue

Development
TICE HEIGHTS
Building Design
Duplex
Building Description
Duplex
Community Type
No Subdivision
Waterfront
No
Waterfront Description
None
View
None/Other
Township
44
LISTING UPDATED: 11/26/2024 07:22 PM

Property Details for 648 Carolina Avenue

StatusActive
MLS #224096021
Days on Market1
Taxes$2,331 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1971
Lot Size0.30 AC / 12,893 SF
CountyLee County

Building Information for 648 Carolina Avenue

Stories-Residences2Year Built1971Building Size-Lot Size0.30 AC / 12,893 SF

Property Information for 648 Carolina Avenue

Summary
Location and General Information
  • Block: 9
  • Amenities: None
  • Full Address: 648 Carolina AVE
  • Directions: 648 Carolina Ave is situated in the Tice area of Fort Myers, Florida. The property is located between Glenwood Avenue and Tice Street, providing convenient access to major thoroughfares. To reach the property, you can take Glenwood Avenue from Palm Beach Boulevard (State Road 80) or Tice Street from Ortiz Avenue. These routes offer straightforward access to the property.
Taxes and HOA Information
  • Tax Description: County Only, No Homestead
  • Tax District Type: Not Applicable
  • Tax Year: 2023
  • Transfer Fee: $.00
Property
Lot Information
  • Subdivision Number: 04
  • Acres: 0.296
  • Legal Description: BLOUNTS N S 5 ACRE FARMS PB 4 PG 66 W 1/2 OF LOT 12 DESC IN OR 4116/2116
  • Unit: 0
  • Lot Back: 88
  • Lot Description: Regular
  • Lot Frontage: 90
  • Lot Left: 146
  • Lot Right: 144
  • Lot Unit: 12
  • Parcel Number: 09-44-25-04-00009.0000
  • Section: 9
  • Source of Measure Lot Dimensions: Property Appraiser Office
  • Source of Measurements: Property Appraiser Office
  • Property Type: Residential Income
Property and Assessments
  • Possession: At Closing
  • Range: 25E
  • Sub Condo Name: TICE HEIGHTS
  • Zoning Code: AG-2
Utilities
  • Sewer: Septic
  • Water: Assessment Paid
  • Cable Available: No
  • Heat: None
  • Cooling: Window Unit
Multi Family
Multi-Family Information
  • Unit Count: 2
  • Annual Expenses: $12,441.72
  • Annual Net Operating Income: $47,489.16
  • Gross Rental Income: $4,800.00
  • Information Available: Leases
  • Units in Building: 2
  • Terms: Buyer Finance/Cash
Unit 1
  • Living Area: 1000.0
  • Rooms: Laundry in Residence
  • Bedrooms: 2 Bed
  • Full Baths: 1
  • Half Baths: 0
  • Furnished: Furnished
  • Equipment: Range, Refrigerator
  • Garage Spaces: 0
  • Car Port Spaces: 1
  • Car Port Type: Attached
  • Monthly Gross Income: $2,400
  • Efficiency: No
Unit 2
  • Living Area: 1064.0
  • Rooms: Laundry in Residence
  • Bedrooms: 2 Bed
  • Full Baths: 1
  • Half Baths: 0
  • Furnished: Furnished
  • Equipment: Range, Refrigerator, Washer
  • Garage Spaces: 0
  • Car Port Spaces: 1
  • Car Port Type: Attached
  • Monthly Gross Income: $2,400
  • Efficiency: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Exterior Finish: Stucco
  • Gulf Access: No
  • Irrigation: None
  • Boat Access: None
  • Roof: Metal
  • Canal Width: None
  • Construction: Concrete Block
  • Windows: Single Hung
  • Private Pool: No
  • Private Spa: No
Interior Features
  • Beds Total: 4
  • Elevator: None
  • Flooring: Vinyl
  • Elevator Text Details: None

Property History for 648 Carolina Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 648 Carolina Avenue

Taxable ValueLand$27,840Additions$150,646Total$178,486
Tax Record2023$1,716 ($143 / month)
Home Facts
Total Finished SqFt2,064 SqFtAbove Grade Finished SqFt2,064 SqFtStories1Lot Size11,200 SqFtStyleDuplexYear Built1971Year Renovated1981ZoningAG-2CountyLEEAPN09-44-25-04-00009.0000

Schools near 648 Carolina 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
James Stephens International Academy
PublicPK to 5

Orange River Elementary School
PublicPK to 5

Manatee Elementary School
PublicPK to 5

Tice 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

648 Carolina Avenue is a multi-family home for sale in Fort Myers, FL 33905. This property was listed for sale on November 26, 2024 by RB Real Estate LLC, it's currently listed at $380,000. This listing's school district is Lee. Nearby schools include James Stephens International Academy, Orange River Elementary School and Manatee Elementary School. 648 Carolina Avenue is a 4-bed, 2-bath, multi-family home built in 1971.

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 RB Real Estate LLC, Nikijha Lynch; RB Real Estate LLC, Nicole Outten

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.