Four-Unit
2566-2578 Jackson ST W, Fort Myers, FL 33901
For Sale
$704,900
Each residence has a two-bedroom, one-bath plan and its own utilities.
Property Size2,960 SF
Price / SF$238.14
Days on Market204
Property Features for 2566-2578 Jackson ST W
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
John R Wood Properties
(786) 481-9848
Listed By:
Rei Culi
(239) 213-9100
Source:
Mdmnaplesrealestate
Added: Apr 21
Changed: Nov 7
Last Checked: Nov 9 at 3:13PM
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 John R Wood Properties
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Investment Insights
Based on property information with market context.
This 2,960-square-foot quadplex, built in 1961, contains four apartments, each arranged with 2 bedrooms and 1 bathroom. Separate utility services serve the units. Improvements include a replacement roof, impact-resistant windows, and updated kitchens and bathrooms.
The building occupies a corner parcel at 2566-2578 Jackson St W in Fort Myers. Downtown Fort Myers is about a 10-minute walk away, and Lee Memorial Hospital is a few blocks from the property. The site is outside the flood zone.
The building occupies a corner parcel at 2566-2578 Jackson St W in Fort Myers. Downtown Fort Myers is about a 10-minute walk away, and Lee Memorial Hospital is a few blocks from the property. The site is outside the flood zone.
Key Highlights
- Four apartments, each with 2 bedrooms and 1 bathroom
- 2,960 square feet; built in 1961
- Separate utility services for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,344
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$746,880
$746.9K
Cap Rate 7%
$533,486
$533.5K
Cap Rate 9%
$414,933
$414.9K
Market Conditions
NOI Build-Up for 2,960 SF
Gross rent
$56.1K $18.96/SF
− Vacancy
−$2.8K −$0.94/SF
EGI
$53.3K $18.02/SF
− OpEx
−$16.0K −$5.41/SF
NOI
$37.3K $12.62/SF
Area
Lee County, FL
Vacancy
4.94%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$746,880
Cap Rate 7%
$533,486
Cap Rate 9%
$414,933
Alternative Uses
Best Use
Multifamily LT 5
$533.5K
$466.8K – $622.4K
NOI $37,344 @ 7.0% cap · market cap 5.30%
Second Best
Apartment 5plus
$492.1K
$430.6K – $574.1K
NOI $34,447 @ 7.0% cap · market cap 4.89%
Theoretical Best
Office A
$931.6K
$815.2K – $1.09M
NOI $65,215 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,902
Businesses Nearby
Explore this area
Business Placement
Demographics for 33901, FL
22,629
Population
11,709
Households
1.9
Avg Household Size
43
Median Age
29%
College-Educated
83%
High-School Grad
6.2 sq mi
ZIP Area
3,650
Density / Sq Mi
$51,579
Median Household Income
$37,233
Median Earnings
$1,291
Median Rent
$280,400
Median Home Value
Market
Properties on Market for Quadplexes in Lee County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has a two-bedroom, one-bath plan and its own utilities.
Where is this quadplex located?
The property is located at 2566-2578 Jackson ST W Fort Myers, FL.
What is the asking price?
The asking price for this property is $704,900.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 1 bathroom; 2,960 square feet; built in 1961; Separate utility services for each unit
