Heritage Palms Condo with Golf
10449 Washingtonia Palm Way 3222 Fort Myers, FL 33966
For Sale
$299,900
Pending
2-bedroom condo in Heritage Palms, turnkey and ready.
Property Size1,232 SF
Lot Size0.25 Acres
Days on Market555
Property Features for 10449 Washingtonia Palm Way 3222
General Information
- Standard status
- Pending
- Size
- 1,232 SF
- Lot size
- 0.25 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2003
Listing Agency:
Kerri Theisen Realty, Inc
(239) 887-7631
Listed By:
Kerri Theisen · License #258008230
(239) 887-7631
Source:
Exitrealty
Added: Jan 14, 2025
Changed: Jul 6
Last Checked: Jul 23 at 5:08AM
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 Kerri Theisen Realty, Inc
Investment Insights
Based on property information with market context.
This condo features 2 bedrooms and 2 bathrooms and is located in Heritage Palms Golf & Country Club. The property is situated across the street from the main clubhouse, pro shop, and restaurants, with the activity center next door. The floor plan is spacious and includes a full laundry room in the guest bath. The kitchen is equipped with granite countertops. Views from the lanai include two golf courses, lakes, and landscaping. The property is being offered fully furnished and turnkey. The property size is 1232 square feet.
Key Highlights
- Prime location in Heritage Palms Golf & Country Club, across from the clubhouse, pro shop, and restaurants.
- Stunning views of two golf courses, lakes, and tropical landscaping from the lanai.
- Offered fully furnished and turnkey, ready to move in.
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 | $28.7k | $23.28 |
| − Vacancy | −$1.2k | −$0.98 |
| EGI | $27.5k | $22.30 |
| − OpEx | −$12.4k | −$10.04 |
| NOI | $15.1k | $12.27 |
1,232 SF · lease $23.28/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$215.9K
$188.9K – $251.9K
NOI $15,112 @ 7.0% cap · market cap 5.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$387.8K
$339.3K – $452.4K
NOI $27,143 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
FAQs
What type of property is this?
Residential income property - 2-bedroom condo in Heritage Palms, turnkey and ready.
Where is this residential income property located?
The property is located at 10449 Washingtonia Palm Way 3222 Fort Myers, FL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Prime location in Heritage Palms Golf & Country Club, across from the clubhouse, pro shop, and restaurants.; Stunning views of two golf courses, lakes, and tropical landscaping from the lanai.; Offered fully furnished and turnkey, ready to move in.
