Golf Course View
14811 Hole In 1 Circle 203 Fort Myers, FL 33919
For Sale
$190,000
Pending
Condo with lake and golf course views in Fort Myers.
Property Size968 SF
Lot Size0.24 Acres
Days on Market520
Property Features for 14811 Hole In 1 Circle 203
General Information
- Standard status
- Pending
- Size
- 968 SF
- Lot size
- 0.24 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1994
Listing Agency:
Century 21 Selling Paradise
(239) 841-4540
Listed By:
Connie Walters · License #280500219
(239) 841-4540
Source:
Exitrealty
Added: Feb 19, 2025
Changed: Jul 6
Last Checked: Jul 23 at 6:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Selling Paradise
Investment Insights
Based on property information with market context.
This second-floor condo is located in the Friendly Golfview Golf & Racquet Club and offers views of the lake and the 3rd hole of the golf course. The property provides an opportunity to create a personalized home with scenic views from the balcony. The Homeowner Association fees cover amenities, including unlimited golf, fiber optics WiFi, cable, water, insurance, and security. Residents can enjoy three swimming pools, tennis courts, pickleball, shuffleboard, bocce ball, and access to the clubhouse, library, and onsite management office. The location allows for an active and social lifestyle, with Lakes Park nearby. The property is suitable for full-time residence or a seasonal retreat. Conveniently located near Southwest Florida International Airport, restaurants, shopping, beaches, and spring training baseball fields, this property provides access to Southwest Florida amenities. The community is pet-friendly for owners. If leased seasonally, the condo can generate $3700-$4000 a month, or $1850 a month annually, including all amenities. The property size is 968 square feet.
Key Highlights
- Stunning lake and golf course views from the balcony.
- Unlimited golf included in low HOA fees.
- Comprehensive amenities package: pools, tennis, pickleball, clubhouse, and more.
Financial Insights For Apartment 5plus
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 | $22.5k | $23.28 |
| − Vacancy | −$946 | −$0.98 |
| EGI | $21.6k | $22.30 |
| − OpEx | −$9.7k | −$10.04 |
| NOI | $11.9k | $12.27 |
968 SF · lease $23.28/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$169.6K
$148.4K – $197.9K
NOI $11,874 @ 7.0% cap · market cap 6.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$304.7K
$266.6K – $355.5K
NOI $21,327 @ 7.0% cap · market cap 11.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Doc's Painting
Painting Service
FAQs
What type of property is this?
Residential income property - Condo with lake and golf course views in Fort Myers.
Where is this residential income property located?
The property is located at 14811 Hole In 1 Circle 203 Fort Myers, FL.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Stunning lake and golf course views from the balcony.; Unlimited golf included in low HOA fees.; Comprehensive amenities package: pools, tennis, pickleball, clubhouse, and more.
