3411 Broadway Fort Myers, FL 33901

This exceptional 1.91-acre property in Fort Myers, Florida (Lee County, zip code 33901), presents a lucrative redevelopment opportunity. Currently operating as a nine-unit mobile home park with 100% occupancy, generating a $78,000 annual NOI and a 7.81% cap rate, this investment boasts significant upside potential. A pro-forma analysis projects a $252,000 NOI and a 25.23% cap rate. The property also includes a 1,600 sq ft, two-bedroom, two-bathroom duplex, offering additional rental income or comfortable living space. The land is zoned TFC-2, allowing for the construction of up to seven duplexes or the development of an eco-village retreat (conceptual plans available). Month-to-month leases are in place, and the property is subject to a ground lease. Located just five minutes from downtown Fort Myers, this versatile property offers immediate income and substantial long-term growth potential, making it an ideal investment for developers and savvy investors seeking high returns in a thriving Southwest Florida market. The asking price is $999,000.