Remodeled Duplex with Two
For Sale
$295,900
2839 /2841 Evans Ave, Fort Myers, FL 33901
Both residences feature updated kitchens, new air conditioners, and immediate occupancy.
Property Size1,200 SF
Price / SF$246.58
Days on Market65
Property Features for 2839 /2841 Evans Ave
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Building Details
Year Built
1967
Listing Agency:
Home Sold Realty LLC
Listed By:
Camilo Perez · License #3467504
(833) 700-2782
Source:
Swfloridarealestate
Added: Aug 10
Changed: Oct 4
Last Checked: Oct 7 at 2:48PM
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 Home Sold Realty LLC
Investment Insights
Based on property information with market context.
This 1,200-square-foot duplex contains two residences, each arranged with 2 bedrooms and 1 bathroom. The property was built in 1967 and has undergone extensive updates, including a new shingle roof, luxury vinyl flooring, replacement baseboards, shaker-style kitchen cabinetry, tiled backsplashes, oversized sinks, stainless steel appliances, new water heaters, new air conditioners, and renovated bathrooms. Impact-resistant front windows add another recent improvement. City water and sewer serve the property, and both sides are ready for occupancy.
Located at 2839 /2841 Evans Ave in Fort Myers, the duplex is minutes from Edison Mall and central Fort Myers, with major amenities nearby.
Located at 2839 /2841 Evans Ave in Fort Myers, the duplex is minutes from Edison Mall and central Fort Myers, with major amenities nearby.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 bathroom per unit
- 1,200 square feet on a 0.0?
- New shingle roof, luxury vinyl flooring, baseboards, and impact‑resistant front windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,884
Cap Rate
5.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,680
$317.7K
Cap Rate 7%
$226,914
$226.9K
Cap Rate 9%
$176,489
$176.5K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$23.8K $19.80/SF
− Vacancy
−$1.1K −$0.89/SF
EGI
$22.7K $18.91/SF
− OpEx
−$6.8K −$5.67/SF
NOI
$15.9K $13.24/SF
Area
Lee County, FL
Vacancy
4.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,680
Cap Rate 7%
$226,914
Cap Rate 9%
$176,489
Alternative Uses
Best Use
Multifamily LT 5
$226.9K
$198.6K – $264.7K
NOI $15,884 @ 7.0% cap · market cap 5.37%
Second Best
Apartment 5plus
$210.3K
$184.0K – $245.3K
NOI $14,719 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$377.7K
$330.5K – $440.6K
NOI $26,438 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,015
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences feature updated kitchens, new air conditioners, and immediate occupancy.
Where is this duplex located?
The property is located at 2839 /2841 Evans Ave Fort Myers, FL.
What is the asking price?
The asking price for this property is $295,900.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom per unit; 1,200 square feet on a 0.0?; New shingle roof, luxury vinyl flooring, baseboards, and impact‑resistant front windows
