Renovated Two-Bedroom
For Sale
$125,000
17656 Village Inlet Ct, Fort Myers, FL 33908
Open-concept townhome with refreshed interiors, landscaped grounds, and an irrigation system.
Property Size900 SF
Price / SF$138.89
Days on Market70
Property Features for 17656 Village Inlet Ct
General Information
Standard status
Active
Size
900 SF
Property subtype
Residential
Amenities
high ceilings
open-concept floor plan
luxury vinyl flooring
chef-inspired kitchen
quartz countertops
island
spa-like bathrooms
new roof
landscaping
irrigation system
Building Details
Year Built
1986
Listing Agency:
Flat Fee MLS Realty
Listed By:
Stephen Hachey · License #261545422
(813) 642-6030
Source:
Swfloridarealestate
Added: Aug 10
Changed: Oct 7
Last Checked: Oct 7 at 1:37PM
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 Flat Fee MLS Realty
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Investment Insights
Based on property information with market context.
This 900-square-foot townhome, built in 1986, combines an elevated concrete block foundation with a substantially refreshed interior. The layout includes two bedrooms, two renovated bathrooms, high ceilings, and an open central living area. Luxury vinyl flooring extends throughout, while the kitchen features quartz countertops and a large island with seating for four or more.
Exterior improvements include a new roof, landscaped yard, and recently installed irrigation system. The property is located at 17656 Village Inlet Ct in Fort Myers, Florida. Seller financing is available for the transaction.
Exterior improvements include a new roof, landscaped yard, and recently installed irrigation system. The property is located at 17656 Village Inlet Ct in Fort Myers, Florida. Seller financing is available for the transaction.
Key Highlights
- 900‑square‑foot townhome built in 1986
- Two bedrooms and two fully renovated bathrooms
- Quartz kitchen countertops with island seating for four or more
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,040
Cap Rate
8.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$220,800
$220.8K
Cap Rate 7%
$157,714
$157.7K
Cap Rate 9%
$122,667
$122.7K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$21.0K $23.28/SF
− Vacancy
−$880 −$0.98/SF
EGI
$20.1K $22.30/SF
− OpEx
−$9.0K −$10.04/SF
NOI
$11.0K $12.27/SF
Area
Lee County, FL
Vacancy
4.20%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$220,800
Cap Rate 7%
$157,714
Cap Rate 9%
$122,667
Alternative Uses
Best Use
Apartment 5plus
$157.7K
$138.0K – $184.0K
NOI $11,040 @ 7.0% cap · market cap 8.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$283.3K
$247.9K – $330.5K
NOI $19,829 @ 7.0% cap · market cap 15.86%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
75
Businesses Nearby
Explore this area
Business Placement
Demographics for 33908, FL
43,110
Population
32,067
Households
1.3
Avg Household Size
63
Median Age
44%
College-Educated
96%
High-School Grad
34.2 sq mi
ZIP Area
1,261
Density / Sq Mi
$74,711
Median Household Income
$50,063
Median Earnings
$1,829
Median Rent
$346,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Open-concept townhome with refreshed interiors, landscaped grounds, and an irrigation system.
Where is this multifamily property located?
The property is located at 17656 Village Inlet Ct Fort Myers, FL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 900‑square‑foot townhome built in 1986; Two bedrooms and two fully renovated bathrooms; Quartz kitchen countertops with island seating for four or more
