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Renovated Single-Family Home with Pool

5682 Balkan Ct Fort Myers, FL 33919

5682 Balkan Ct, Fort Myers, FL, 33919
$310,000
Pending
For Sale
$310,000
Pending

SINGLE_FAMILY - Other - FORT MYERS, FL

Property Size1,445 SF
Lot Size0.10 Acres
Days on Market63

Property Features for 5682 Balkan Ct

General Information

Property type
Residential
Property subtype
Duplex
Zoning
TFC-2
Bedrooms
2
Bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 1, Laundry Room, Bathroom 2
Parking
2
Parking features
Driveway
Patio and Porch features
Patio
Interior features
Laundry Tub, Pantry, Smoke Detectors
Exterior features
Courtyard
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Washer
Standard status
Pending
APN
11-45-24-29-00000.1211
Size
1,445 SF
Lot size
0.10 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
WHISKEY CREEK VILGE GREEN SEC 12 OR 1614 PG 1187 UNIT 1211
Tax Annual Amount
3666

Utilities

Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric, Ceiling Fan(s)

Building Details

Year built
1983
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Concrete Block, Stucco
Roof type
Shingle
Architectural style
Other
Additional Structures
Cabana
Listing Agency Gulf Coast International Prop
1144 3rd Street S, Naples, FL
Listed by Amanda Brown
Added: May 18 Checked: Jul 19 at 5:06 am
MLS# 226019554 Listing URL

Copyright © 2026 Naples Area Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Renovated in 2018, this single-family home in the Whiskey Creek area is offered with high-quality interior finishes and modern updates. The home features an open kitchen with a bar-height island, new cabinetry, quartz countertops, a ceramic tile backsplash, a pantry, and new stainless steel appliances. Ceramic tile extends across the front and rear lanais for a cohesive flow. Both bathrooms have been updated with new vanities, quartz counters, sinks, fixtures, toilets, and mirrors. Major system upgrades include a newer hot water heater, professionally enhanced plumbing, and comfort improvements with an updated AC system, improved ductwork, and an added return. The exterior includes impact windows and a hurricane-rated insulated garage door, along with 12 inches of attic insulation for energy efficiency.

The residence is located within a well-maintained 55+ community in Fort Myers, providing a courtyard pool setting and access to community amenities and nearby destinations including shopping, dining, RSW Airport, healthcare, the Downtown River District, and award-winning beaches. The community is complemented by the semi-private Whiskey Creek Country Club with an 18-hole golf course, clubhouse, and restaurant.

Key Highlights

  • Fully remodeled in 2018 with designer ceramic tile flooring and updated kitchen and bathrooms
  • Open kitchen with bar‑height island, new cabinetry, quartz countertops, pantry, and stainless steel appliances
  • Both bathrooms updated with new vanities, quartz counters, sinks, fixtures, toilets, and mirrors

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 $28.6k $19.80
− Vacancy −$1.3k −$0.89
EGI $27.3k $18.91
− OpEx −$8.2k −$5.67
NOI $19.1k $13.24
1,445 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$273.2K
$239.1K – $318.8K (±1% cap)
NOI $19,126 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$253.2K
$221.6K – $295.4K (±1% cap)
NOI $17,725 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$454.8K
$398.0K – $530.6K (±1% cap)
NOI $31,836 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Plumbing Service Auto Parts Store Locksmith Garden Center (Bike/Boat/Book/etc) Store Pharmacy Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Renovated 2018 home in a 55+ community with a courtyard pool, impact windows, updated kitchen, and upgraded HVAC.
Where is this duplex located?
The property is located at 5682 Balkan Ct Fort Myers, FL.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Fully remodeled in 2018 with designer ceramic tile flooring and updated kitchen and bathrooms; Open kitchen with bar‑height island, new cabinetry, quartz countertops, pantry, and stainless steel appliances; Both bathrooms updated with new vanities, quartz counters, sinks, fixtures, toilets, and mirrors
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More about this property
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