Updated Condo with Golf Course
6777 Winkler Road 201 Fort Myers, FL 33919
6777 Winkler Road 201, Fort Myers, FL, 33919
$139,999
For Sale
$139,999
Resort-style living with golf course views and updated features.
Property Size1,012 SF
Lot Size0.17 Acres
Price / SF$138.34
Days on Market619
Property Features for 6777 Winkler Road 201
General Information
- Standard status
- Active
- Size
- 1,012 SF
- Lot size
- 0.17 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1973
Listing Agency
World Realty Group Inc
(239) 770-5451
Listed by
Timothy Reichert · License #258005904
(239) 770-5451
Source
Exitrealty
Added: Nov 8, 2024 Checked: Apr 6 at 3:26 am
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 World Realty Group Inc
Investment Insights
Based on property information with market context.
This updated unit, located in the Regency Condos community off Winkler Rd south of Cypress Lake Drive, offers resort-style living. The 1012 sq. ft. condo is one of the largest in the complex and was completely rebuilt a few years ago with impact windows and doors. The community features a large pool, spa, bocce ball, shuffleboard, a large tiki hut for community parties and gatherings, barbeque areas, fountains, outdoor patios, an exercise room, community laundries, and covered parking. The kitchen features granite tile countertops and stainless steel appliances, along with a dining area with a dry bar. A washer and dryer are located in the unit just off the kitchen. The living room has large sliders leading to a screened lanai with views of the adjacent golf course. The master bedroom includes a wall of closets and a private bathroom with a tub and shower. The guest bathroom is located off the guest bedroom.
Key Highlights
- Completely rebuilt and updated unit with impact windows and doors
- Large 1012 sq. ft. unit with expansive golf course views
- Resort‑style amenities include: large pool, spa, bocce ball, shuffleboard, tiki hut, barbeque areas, exercise room
Local 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 | $23.6k | $23.28 |
| − Vacancy | −$989 | −$0.98 |
| EGI | $22.6k | $22.30 |
| − OpEx | −$10.2k | −$10.04 |
| NOI | $12.4k | $12.27 |
1,012 SF · lease $23.28/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$177.3K
$155.2K – $206.9K
NOI $12,413 @ 7.0% cap · market cap 8.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$318.5K
$278.7K – $371.6K
NOI $22,296 @ 7.0% cap · market cap 15.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Winkler
Hotel & Motel
The Regency Condominiums
Condominium Complex
Fraller Enterprises
Marketing & Advertising
Computer Ambassador
IT Consulting Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - Resort-style living with golf course views and updated features.
Where is this residential income property located?
The property is located at 6777 Winkler Road 201 Fort Myers, FL.
What is the asking price?
The asking price for this property is $139,999.
What are key features of this property?
This property features: Completely rebuilt and updated unit with impact windows and doors; Large 1012 sq. ft. unit with expansive golf course views; Resort‑style amenities include: large pool, spa, bocce ball, shuffleboard, tiki hut, barbeque areas, exercise room
