7409 Albany Rd, Fort Myers, FL 33967
This mixed-use property at 7409 Albany Rd, Fort Myers, FL 33967, presents a compelling investment opportunity. Built in 1983, this half-duplex sits on a 0.11-acre lot and requires renovations and cleanup. The property is being sold "as-is." The main unit, a spacious two-bedroom, two-bathroom apartment on the first floor, commands a monthly rental rate exceeding $2,295. A separate, second-floor in-law suite/efficiency apartment with a private entrance generates an additional $1,295 in monthly rental income. This prime Fort Myers location offers proximity to Florida Gulf Coast University, top-rated schools, Gulf Coast Town Center shopping, diverse dining options, parks, golf courses, and beautiful Gulf Coast beaches. The property's strong rental income potential makes it an attractive investment for those seeking a hands-on project with significant upside. The square footage is not currently available. The asking price is $297,000.
-
Law Office of Keith A. Fousek Law Firm
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.