Furnished Condo with Resort
6777 Winkler Road 160 Fort Myers, FL 33919
For Sale
$119,900
Pending
Move-in ready condo with resort-style amenities in South Fort Myers.
Property Size818 SF
Lot Size0.17 Acres
Days on Market649
Property Features for 6777 Winkler Road 160
General Information
- Standard status
- Pending
- Size
- 818 SF
- Lot size
- 0.17 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1973
Listing Agency:
Dalton Wade Inc
(301) 542-2078
Listed By:
Jacquie Veasy · License #258033197
(301) 542-2078
Source:
Exitrealty
Added: Oct 14, 2024
Changed: Jul 10
Last Checked: Jul 19 at 4:21AM
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 Dalton Wade Inc
Investment Insights
Based on property information with market context.
This furnished corner unit offers resort-style living in The Regency. The 1-bedroom, 1-bathroom condo features an open-concept layout with tile flooring and natural light. The kitchen includes stainless steel appliances and storage space, including a pantry. The bedroom has two closets, and the living and dining areas are designed for entertaining. Recent updates include a new AC unit installed in 2023 and a new water heater installed in 2020. The Regency offers amenities such as a pool and spa, a large tiki hut for community gatherings, shuffleboard courts, an exercise room, BBQ areas with outdoor patios, and covered parking. Located off Winkler Road near Cypress Lake Drive in South Fort Myers, this 818 square foot condo is move-in ready.
Key Highlights
- Resort‑style amenities including a sparkling pool and spa, tiki hut, shuffleboard courts, exercise room, and BBQ areas.
- Move‑in ready, fully furnished 1‑bedroom, 1‑bathroom corner unit.
- Recent updates: New AC (2023) and new water heater (2020).
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 | $19.0k | $23.28 |
| − Vacancy | −$800 | −$0.98 |
| EGI | $18.2k | $22.30 |
| − OpEx | −$8.2k | −$10.04 |
| NOI | $10.0k | $12.27 |
818 SF · lease $23.28/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$143.3K
$125.4K – $167.2K
NOI $10,034 @ 7.0% cap · market cap 8.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$257.5K
$225.3K – $300.4K
NOI $18,022 @ 7.0% cap · market cap 15.03%
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
FAQs
What type of property is this?
Residential income property - Move-in ready condo with resort-style amenities in South Fort Myers.
Where is this residential income property located?
The property is located at 6777 Winkler Road 160 Fort Myers, FL.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Resort‑style amenities including a sparkling pool and spa, tiki hut, shuffleboard courts, exercise room, and BBQ areas.; Move‑in ready, fully furnished 1‑bedroom, 1‑bathroom corner unit.; Recent updates: New AC (2023) and new water heater (2020).
