14954 Wise Way, Fort Myers, FL 33905
MULTI_FAMILY - Ranch - Fort Myers, FL
- Added:
- Oct 9, 2025
- Days on Market:
- 267
- Last Refresh:
- Jul 2 at 1:06 am
Property Features for 14954 Wise Way
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bathroom 4, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 6, Bedroom 4, Bedroom 2
- Pets allowed
- Yes
- Standard status
- Active
- Size
- 2,430 SF
- Lot size
- 0.32 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- E 132 OF W 603 FT OF LOT B LANDINGS EAST PARADISE SHORES PB 25 PG 80
- Tax Annual Amount
- 4490
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central, Electric (Heating)
- Cooling system
- Ceiling Fan(s), Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2019
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Block, Concrete, Stucco
- Roof type
- Metal
- Architectural style
- Ranch
Listing agent Chaz Grant License #258024325 (239) 219-9475
Listing office Sweet South Realty Corp 5248 Bank Street, Fort Myers, FL (239) 219-9475
Listing date Oct 9, 2025
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Built in 2019: Enjoy modern construction and updated features.
- Duplex with Income Potential: Benefit from immediate rental income with one unit currently leased.
- Hurricane Protection: Equipped with full hurricane shutters and no history of flooding.
- Spacious Units: Each side features 3 bedrooms, 2 bathrooms, and a 1‑car garage (1,215 sq. ft. per unit).
- Desirable Features: Tile flooring, stainless steel appliances, granite countertops, and in‑home laundry.
- Durable Metal Roof: Enhances curb appeal and provides long‑lasting protection.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.1k | $19.80 |
| − Vacancy | −$2.2k | −$0.89 |
| EGI | $45.9k | $18.91 |
| − OpEx | −$13.8k | −$5.67 |
| NOI | $32.2k | $13.24 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Myers
- County
- Lee
- State
- Florida
- Longitude
- -81.713495
- Latitude
- 26.723167
