5260 Cedarbend SW Drive 4, Fort Myers, FL 33919
Renovated 3-bedroom home in Fort Myers' Cedarbend Village.
- Added:
- Dec 23, 2024
- Days on Market:
- 563
- Last Refresh:
- May 20 at 12:59 am
Property Features for 5260 Cedarbend SW Drive 4
General Information
- Standard status
- Active
- Size
- 1,371 SF
- Lot size
- 0.03 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1985
Listing office VIP Realty Group Inc (239) 826-2333
Listing date Dec 23, 2024
Source Exitrealty
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 VIP Realty Group Inc
HighLights
- Completely renovated 3‑bedroom, 2.5‑bathroom home.
- Rare opportunity: the only 3‑bedroom home available in the desirable Village of Cedarbend.
- Updated kitchen boasts ample counter space, sleek finishes, and modern appliances.
- Split‑bedroom layout for privacy and flexibility.
- Enjoy the screened lanai and spacious courtyard for outdoor living.
- Convenient location: minutes from Fort Myers Beach, downtown, RSW Airport, dining, and entertainment.
Overview
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 | $31.9k | $23.28 |
| − Vacancy | −$1.3k | −$0.98 |
| EGI | $30.6k | $22.30 |
| − OpEx | −$13.8k | −$10.04 |
| NOI | $16.8k | $12.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Myers
- County
- Lee
- State
- Florida
- Longitude
- -81.882943
- Latitude
- 26.581735