3704 Broadway Fort Myers, FL 33901
This exceptional investment opportunity presents a portfolio of three single-family rental units in desirable Fort Myers, Florida. The portfolio comprises three two-bedroom units, with at least one bathroom each, ranging from 910 to 1,030 square feet. Two units are located at 3704 Broadway, one on the ground floor (#101) and one on the third floor (#304), both featuring fireplaces and balconies. The ground floor unit benefits from a convenient side entrance location. The third unit is situated at 2828 Jackson Street (#H5) and includes a bonus room, offering versatile living space. Built between 1972 and 1974, these properties are conveniently located within approximately 1.5 miles of each other in Lee County, zip code 33901. The portfolio is offered at $417,000, or $139,000 per unit. One unit boasts a bonus room, ideal for a home office or den. Seller financing is available upon approved credit. While currently vacant, these units are easily rentable and situated in a high-traffic area with strong potential for return on investment. The 3704 Broadway units are part of a community that recently received a substantial SBA loan for modernization, indicating ongoing investment and potential for future value appreciation. This portfolio presents a rare opportunity for investors seeking immediate income potential and long-term growth in a thriving Florida market. The properties are conveniently located in a walkable and bikeable area.
-
Yanailys Diaz Serrano Counselor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.