Great opportunity to pick up a cheap rental or flip in North Ft Myers for under 50% of ARV! This property does need a lot of work but there is a big enough spread to make good money on it.

The property is currently a 3 bed 1.5 bath, but the master is large enough to be converted to a full bathroom. The water heater and electrical panel are currently in the master bath so they will need to be moved to the laundry room to have the space for the full bath. The roof is 12 years old roof and in good condition with no leaks.

The property needs a new kitchen, bathrooms, flooring, interior and exterior paint, and moving the water heater and electric panel.

Comps:

1105 Sumter Dr, Fort Myers, FL, 33905 - $ 250,000

3768 Desoto Ave, Fort Myers, FL, 33916 - $ 215,000

4513 Luckett Rd, Fort Myers, FL, 33905 - $ 246,000

1439 Bert Dr, Fort Myers, FL, 33916 - $ 200,000