Fort Myers Beach Quadplex!! Only $589,900!!Huge Upside Potential!

[Dana R.]

Fort Myers Beach Quadplex!! You have Two 2 bedrooms 2 bathroom units upstairs and Two 2 bedroom 1 bathroom units. Units are all in excellent condition. 3 have been remodeled with newer kitchens and baths. The gross rents are $$64200 annually and after Taxes, insurance and utilities your are netting around $46,905 a year creating an 8 percent return and on the beach that's tough to find. With seasonal rentals you can create a larger gross income. There is currently a 3 unit pending at $699K and a 3 unit sold at $610K. With a little improvement you can get better return AND resell later!! The 3 unit that sold puts the per unit value of this building OVER $800K. Incredible opportunity for an investor. Please call us if you have any questions at or would like to buy this building TODAY!!! Thank you for your business!!

Purchase Price = $589,900 

Deposit = $20K 

Zestimate = $1.1M