💎💰🏠Stellar Lakefront Buy & Hold Opportunity💎💰🏠

Description

Buy & Hold Seller Pays Closing Costs

This property presents a unique chance for investors seeking lucrative returns in one of Florida’s most sought-after locations.

Key Features:

Prime Location: Situated on the stunning lakefront of Ft. Myers, this property offers unparalleled views and easy access to recreational activities, dining, and entertainment options.
Rent Increase Potential: With the growing demand for lakefront properties in Ft. Myers, there’s significant potential for rental income growth. Strategic leasing and management can capitalize on this trend, maximizing returns for investors.
Cosmetic Rehab Opportunity: While structurally sound, the property could benefit from a cosmetic rehab to enhance its appeal and value. This presents an opportunity for investors to improve the property’s aesthetics, attracting higher-paying tenants and increasing overall property value.
Buy and Hold Strategy: Investors can leverage the steady appreciation of lakefront properties in Ft. Myers by adopting a buy and hold strategy. With the right management approach, investors can generate consistent cash flow while benefiting from long-term appreciation.

Roof was replaced within 5 years

Rent $2300 month

Comps:

1. 9801 owlclover st, Fort Myers, Fl
3 bed 2 bath
Sqft 1,409
Year built 1980
Active 360k

2. 9863 Owlclover St, Fort Myers, Fl
3 bed 2 bath
Sqft 1,272
Year built 1980
Active 360k

3. 9796 Owlclover st, Fort Myers, Fl
3 bed 2 bath
Sqft 1,409
Year built 1981
Sold 350k
12/26/23