3704 Broadway Fort Myers, FL 33901
- Residential income homes
- 910 SF
Current Use by Public Records
- Yanailys Diaz Serrano / Counselor
Property Details for 3704 Broadway
- Property size
- 910 SF
- Property type
- Residential income homes
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Myers
- County
- Lee
- State
- Florida
- Longitude
- -81.8681
- Latitude
- 26.6085
