16174 Via Solera Circle 101 Fort Myers, FL 33908
Renovated townhome with lake views and vacation rental potential.
Property Features for 16174 Via Solera Circle 101
General Information
- Standard status
- Active
- Size
- 1,928 SF
- Lot size
- 0.05 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2007
Listing office RE/MAX Realty Team (239) 980-0026
Listing date Jan 2, 2025
Source Exitrealty
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Investment Insights
Based on property information with market context.
Key Highlights
- Waterfront end‑unit townhome with lake views in gated community
- Completely renovated kitchen (2022) with waterfall quartz countertops, shaker cabinets, stone backsplash, and stainless steel appliances
- Double garage with EV 220V charging outlet
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 | $44.9k | $23.28 |
| − Vacancy | −$1.9k | −$0.98 |
| EGI | $43.0k | $22.30 |
| − OpEx | −$19.3k | −$10.04 |
| NOI | $23.6k | $12.27 |