3317 Edgewood Avenue # 1-4 Fort Myers, FL $ 700,000
3317 Edgewood Avenue # 1-4
$ 700,000
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3317 Edgewood Avenue # 1-4

Fort Myers, FL, 33916
$ 700,000
Bedrooms8 Baths4.0 Sq 3,638

Monthly Estimate*

$ 4,890

3317 Edgewood Avenue # 1-4, Fort Myers, FL 33916 - Image 1
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Multi-Family Home for sale in Fort Myers, FL

for $700,000 with 8 bedrooms and 4 full baths. This 3,638 square foot home was built in 1988 on a lot size of 0.27.

Calling all investors. OPPORTUNITY KNOCKS! These units are only being SOLD to settle an Estate. Extremely stable and reliable rental income from this one owner quadplex property. This property will make a handsome addition to your portfolio and extremely easy to manage with little to no updating needed. This lot has two duplexes (for a total of 4 units) with plenty of off street parking. Each unit has 2 Bedrooms, Full Bath, Laundry area, rear patio, tile floors, and are in a quiet neighborhood close to downtown. All units have been meticulously maintained by the Sellers and have had many updates throughout the past few years including new A/C units. Just down the block, 3277-3233 Edgewood Avenue (MLS# 224027627) owned by the same Sellers is also available for sale to make an 8 plex package if desired. It has similar floor plans with two duplex buildings sharing the lot, with the same set up as this listing. Total package of 8 units is priced at $1,400,000. Seller will look at all serious offers.

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Multi-Family Pending

Price

$ 700,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,634

Style

Ranch,One Story

Lot Size

0.27

Year Built

1988

Town/City

Fort Myers

County/Region

Lee

MLS | Web ID

224027634

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Ceiling Fan(s) Electric
Possession Close Of Escrow
Roof Shingle
Exterior Features Patio
HOA 0
Patio/Porch Features Patio
Architectural Style Ranch One Story
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 1988
Tenant Pays Credit Check Electricity Internet Security Water
Stories 1
Unit Number 1-4
Property SubType Quadruplex
Tax Year 2023
Waterfront Features None
Community Features Non-Gated
County Lee
Net Operating Income 0
Operating Expense 0
Property Type Residential Income
Association Amenities None
Subdivision Name EDGEWOOD SUBD
Status Pending
Directions Palm Beach Blvd. to Superior Street. North on Superior Street to Edgewood Avenue. Properties will be on your left.
City FORT MYERS
Buyer Agent Compensation 2.5%
Disclosures Seller Disclosure
Land Lease Amount 0
Zoning Description RS-7
Total Units 4
MLS Area FE01 - East Fort Myers Area
Waterfront Y/N 0
Street Name Edgewood
Tax Annual Amount 5634.63
Property Condition Resale
Days on Market 28
Structure Type Quadruplex
Standard Status Pending
Tax Lot 18
Property Sub Type Additional Quadruplex
Legal Description EDGEWOOD SUBD BLK 14 PB 1 PG 49 LOT 18
Condo Fee 0
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Interior
Flooring Tile
Air Conditioning Y/N 1
Heating Y/N 1
Window Features Double Hung
Full Baths 4
Half Baths 0
Street Suffix Avenue
Total Bedrooms 8
Total Baths 4
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Exterior
Lot Features Rectangular Lot
Water Source Public
Lot Size Area 0.27
Spa 0
Building Area Total 3638
Lot Size Acres 0.27
Road Surface Type Paved
Lot Size Units Acres
Lot Size Source Appraiser
Covered Spaces 0
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Janine Seibert

Listing Agent

John R. Wood Properties

Broker

jjseiberts@gmail.com

Email

Affordability Calculator

$5,359
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,890
Monthly Property Taxes
$470
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1023546 Elementary School
1023297 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2024$700,000 -6.67% Price Down
3/26/2024$750,000 Listed Price

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3317 Edgewood Avenue # 1-4, Fort Myers, FL, 33916 is a Multi-Family Home for sale at $700,000 with 3,638 sqft and a lot size of 0.27. 3317 Edgewood Avenue # 1-4 has 8 bedrooms, 4.0 baths, and was built in 1988. The property's zip code is 33916 which is in Fort Myers, FL