18617/18619 BARTOW BOULEVARD, Fort Myers, FL 33967
multifamily - FORT MYERS, FL
- Added:
- Jun 7, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 8 at 1:06 pm
Property Features for 18617/18619 BARTOW BOULEVARD
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Interior features
- UNFURNISHED, CEILING FANS(S)
- Exterior features
- STUCCO, BLOCK
- Standard status
- Active
- Size
- 1,800 SF
- Lot size
- 0.25 Acres
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1982
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Ryan Finnegan (941) 456-6107
Listing office Sunstar Realty 2421 Shreve Street, FL (941) 225-4663
Listing date Jun 7, 2026
Copyright © 2026 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex built in 1982 with block and stucco exterior and a shingle roof
- Two units, each a 2‑bedroom / 2‑bath layout with approximately 900 sq ft of living space per unit
- Both units currently leased, providing rental income at the time of listing
- Central electric heating and central air conditioning in the units
- Tile flooring throughout and ceiling fans included
- Flood Zone X (oversized lot) with private laundry areas and ample parking
Overview
The property is located in the San Carlos Park area of Fort Myers, on 18617/18619 Bartow Boulevard. Public remarks note the site is in Flood Zone X, where flood insurance is typically not required. The listing also cites proximity to Florida Gulf Coast University, Gulf Coast Town Center, Southwest Florida International Airport, and major commuter routes.
For tenants, the home is designed around comfortable, self-contained units with dedicated laundry space and year-round climate control. For buyers and investors, the duplex is currently configured as an income-producing asset with both units leased, providing immediate rental income per the listing remarks. The functional layout, on-site parking, and outdoor space support ongoing tenant usability, while the Flood Zone X designation is presented as an added consideration for long-term carry costs.
Local Financial Insights For Multifamily LT 5
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 | $35.6k | $19.80 |
| − Vacancy | −$1.6k | −$0.89 |
| EGI | $34.0k | $18.91 |
| − OpEx | −$10.2k | −$5.67 |
| NOI | $23.8k | $13.24 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Myers
- County
- Lee
- State
- Florida
- Longitude
- -81.797565
- Latitude
- 26.466241
