5959 Winkler Road 305, Fort Myers, FL 33919
Spacious 2BR/2BA condo with pool views in updated community.
- Added:
- Sep 17, 2024
- Days on Market:
- 650
- Last Refresh:
- May 19 at 9:23 pm
Property Features for 5959 Winkler Road 305
General Information
- Standard status
- Active
- Size
- 1,084 SF
- Lot size
- 0.37 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1979
Listing office RE/MAX Gulf Coast Living (239) 822-1612
Listing date Sep 17, 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 RE/MAX Gulf Coast Living
HighLights
- Hurricane impact windows and durable lanai windows provide storm protection.
- Gulf access via creek for fishing and kayaking.
- Convenient location near beaches, shopping, golf, hospitals, and entertainment.
- Pet‑friendly community with no age restrictions.
- Newer HVAC and updated electric panel box.
- Views of the pool, clubhouse, and landscaped courtyard.
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 | $25.2k | $23.28 |
| − Vacancy | −$1.1k | −$0.98 |
| EGI | $24.2k | $22.30 |
| − OpEx | −$10.9k | −$10.04 |
| NOI | $13.3k | $12.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Myers
- County
- Lee
- State
- Florida
- Longitude
- -81.8974998
- Latitude
- 26.5609386