$52,500 · NORTH FORT MYERS, FL 33903
Works for flippers · Landlords would lose money

Available

$52,500Asking price

1 bd · 1 ba · 741 sq ft · built 1975

NORTH FORT MYERS, FL 33903

No contract on file

via InvestorLift Classic

2 views · listed Oct 2

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $85,000
Asking price: −$52,500
RepairsMiddle of the seller’s $5,000 – $7,500. Ours: $0 – $5,500: −$6,250
Loan, holding, closing20% down, 12% interest, 2 points, 63 days: −$5,835
Profit24.0% of ARV · flippers want 10%+: $20,415
Works

Works for a flipper up to $63,000.

RAPID REALTY RESCUE

Ryan Akers

No reviews yet

Comps

Sales

Rents

ARV $85,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $152,000.

The sales behind this value are shown to members.

ARV $85,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

RAPID REALTY RESCUE

Ryan Akers

No reviews yet

Seller Description

Call or Text Ryan Akers at 941-376-2681 NORTH FORT MYERS CONDO – VALUE-ADD / RENTAL OPPORTUNITY First-floor 1 bed / 1 bath condo with 741 sq. ft. in the Lochmoor/Littlestone community. Unit is in mostly original/dated condition and offers a straightforward cosmetic value-add opportunity. Features include a screened lanai overlooking green space, laminate/tile flooring, covered parking and community pool access. Investor Price: $52,500 ARV: Approx. $85,000 Estimated ARV Range: $80K–$90K Excellent option for a rental, seasonal property or light renovation/resale. Buyer to verify HOA dues, rental restrictions, association approval requirements, assessments and all property information. Cash or hard money preferred. Buyer pays closing costs. Property sold AS-IS. Property is also currently marketed on the MLS.