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4085-4095 Palm Lane, Fort Myers, FL 33905

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For Sale

$410,000

6 beds • 4 baths • 2,768 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Mobile/Manufactured Home
    Property type

  • $148.12
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 224060502

Courtesy Of RE/MAX Realty Team

(239) 242-2000

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Cable Ready
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Vinyl
  • Heating System
    Central Furnace
  • Lot Size
    0.46 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 4085-4095 Palm Lane, Fort Myers, FL 33905

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Monthly Payment Breakdown

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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