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Two-Unit Duplex Investment

18617/18619 Bartow Boulevard Fort Myers, FL 33967

18617/18619 Bartow Boulevard, Fort Myers, FL, 33967
$349,900
Pending
For Sale
$349,900
Pending

MULTI_FAMILY - Ranch - Fort Myers, FL

Property Size1,800 SF
Lot Size0.25 Acres
Days on Market49

Property Features for 18617/18619 Bartow Boulevard

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 4
Patio and Porch features
Patio
Pets allowed
Yes
Exterior features
Patio
Standard status
Pending
APN
15-46-25-11-00256.0450
Lot size
0.25 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
SAN CARLOS PK UNIT 18 BLK 256 OR 173 PG 390 LOTS 45 + 46
Tax Annual Amount
4145

Utilities

Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public

Building Details

Year built
1982
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Block, Concrete, Stucco
Roof type
Shingle
Architectural style
Ranch
Listing agency Coldwell Banker Sunstar Realty
Listed by Ryan Finnegan · License #274508886
Added: Jun 5 Updated: Jul 18 at 1:42AM Checked: Jul 23 at 1:06AM
MLS# 2026023985

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.


Investment Insights

Based on property information with market context.

This duplex consists of two spacious 2-bedroom, 2-bath units. Each unit offers an open living area and approximately 900 square feet of living space, with tile flooring throughout, central air conditioning, and private laundry areas. The property is set on an oversized lot and includes mature landscaping, a large backyard, and ample parking for residents.

The address is 18617/18619 Bartow Boulevard in Fort Myers, FL 33967, within Lee County. Both units are currently leased. The property is described as being located in Flood Zone X, where flood insurance is typically not required. The location is also positioned near Florida Gulf Coast University, Gulf Coast Town Center, Southwest Florida International Airport, and major commuter routes.

For investors, the current occupancy supports immediate rental income. For owner-occupants, the two-unit setup can help offset housing expenses while maintaining the flexibility of living in one unit and renting the other. With its functional layouts, in-unit laundry, and well-kept exterior grounds, this duplex is designed to appeal to tenants seeking straightforward, comfortable two-bedroom living in the Fort Myers area.

Key Highlights

  • Duplex with two leased units, each offering 2 bedrooms and 2 bathrooms (approx. 900 SF per unit)
  • Tile flooring throughout and open living areas in both units
  • Central air conditioning and central electric heating for year‑round comfort

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 $35.6k $19.80
− Vacancy −$1.6k −$0.89
EGI $34.0k $18.91
− OpEx −$10.2k −$5.67
NOI $23.8k $13.24
1,800 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$340.4K
$297.8K – $397.1K (±1% cap)
NOI $23,825 @ 7.0% cap · market cap 6.81%
Second Best
Apartment 5plus
$315.4K
$276.0K – $368.0K (±1% cap)
NOI $22,079 @ 7.0% cap · market cap 6.31%
Theoretical Best
Office A
$566.5K
$495.7K – $661.0K (±1% cap)
NOI $39,658 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Restaurant Hair Salon Building Supply Auto Repair Shop Spa & Massage Center Nail Salon Daycare Center Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex with two 2-bedroom, 2-bath leased units, tile flooring, central air, and ample parking on an oversized lot.
Where is this duplex located?
The property is located at 18617/18619 Bartow Boulevard Fort Myers, FL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Duplex with two leased units, each offering 2 bedrooms and 2 bathrooms (approx. 900 SF per unit); Tile flooring throughout and open living areas in both units; Central air conditioning and central electric heating for year‑round comfort
Contact an agent
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