1040-1058 Old Bridge Road,
NORTH FORT MYERS FL, 33917
Description
Riverfront multi family! Income/Expense sheet is in the picts. Run the numbers, this property floats itself and provides a cash flow until future development for Riverfront condos. Very unique and one of a kind opportunity to do that, considering a vacant developable million-dollar Riverfront parcel will cost about 60K annually for carrying costs.Owner will hold financing. Over 1 1/3 acres directly on the river while also fronting on Canal! Eight 2 bedroom 1 bath concrete block apartments on the site. Also, four boat docks on canal and 150 foot boat dock on River. Directly across the street is 40 acres owned by Lee County as conservation land. Current density if this were a vacant parcel would be over 20 units that can be built on this Riverfront site.
Details
| MLS# | 220082185 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1979 |
| Days On Site | 28 |
Features
| Bed(s) | 16 |
|---|---|
| Bath(s) | 8 Total |
| SQ Feet | 6,500 |
| Story(s) | 1 |
| Acreage | 1.29 |
| Water Front | Yes |
| Property View | Yes |
Market Activity 33917
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Learn More About This Property
| Area Information | |
|---|---|
| State | FL |
| County | Lee |
| City | NORTH FORT MYERS |
| Zip Code | 33917 |
| Area | FN08 - North Fort Myers Area |
| Community Name | ONE |
| Listing VS Median (in ONE) | |
Price: $1,150,000 low | high Med: $359,000 SqFt: 6,500 low | high Med: 2,193 $ / SqFt: $177 low | high Med: $164 On Site: 28 low | high Med: 7 | |
MLS Number: 220082185Listing Provided By:
Steven Loffreno of Integrity Real Estate Prop