For sale

9890 ORANGE RIVER

Fort Myers, FL, 33905·MLS# C7529440

$299,000

Estimated $1,958/mo estimated

8
Bedrooms
4
Bathrooms
1,762
Sq ft
0.32 ac
Lot size
1955
Year built
$170
Per sq ft
  • Residential
  • Built 1955

About this home

**Investor's Dream – Income-Producing Multi-Unit Property!** Exceptional investment opportunity featuring **five residential units** on one property with immediate cash flow. Currently generating **$4,850 a month** in rental income, this unique property includes **four manufactured homes** and **one CBS block home**, creating multiple income streams and strong rental demand. The property also features a **40' x 18' concrete pad**, **two electrical meters**, and infrastructure already in place with **water and electric available for two additional RV sites**. With the appropriate county approvals and permitting, a new owner may have the opportunity to add RV rentals for additional income. An added bonus is the opportunity to assume an existing **private mortgage** (subject to lender approval and terms), offering a potentially attractive financing option for qualified buyers. Whether you're looking to expand your investment portfolio or own a property with immediate income and future upside, this is an opportunity you won't want to miss! Agents please see confidential remarks for showing information.

Facts & features

Interior

Bedrooms
8
Bathrooms
4 full
Living area
1,762 sqft

Property

Type
Residential
Year built
1955
Lot size
0.32 acres

Financial

Annual taxes
$1,395.1
Price / sqft
$170

Estimate your monthly payment

$59,800

$1,958/ month estimated

  • Principal & interest$1,559
  • Property tax$274
  • Insurance$125

Illustrative estimate — not a lending offer.

Location

Fort Myers, FL

Similar homes nearby

Courtesy of REFUGE REALTY

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Listing data courtesy of REFUGE REALTY. My request routes to reThought Real Estate in DashBrew CRM.

$299,000

8 bd · 4 ba · 1,762 sqft