1107-1111 Seventh Way

North Fort Myers, FL 33903

$255,000
Price
2
Beds
2
Baths
432 Sq. Ft.
$590 / Sq. Ft.
432
Sq. Ft.
$590
per Sq. Ft.

Description

Calling all investors! This duplex property offers reliable rental income! Each unit features 1 bed/1 bath with spacious screened porch/lanai and an extra storage space. Conveniently located off Edison Bridge headed into North Fort Myers in close proximity to historical Downtown Fort Myers and amazing Cape Coral Shopping Centers. Property is tenant occupied and all showings require 24 hour notice. This duplex is back to back with 1108 7th Way (MLS# 224036599) duplex owned by same seller and also...Calling all investors! This duplex property offers reliable rental income! Each unit features 1 bed/1 bath with spacious screened porch/lanai and an extra storage space. Conveniently located off Edison Bridge headed into North Fort Myers in close proximity to historical Downtown Fort Myers and amazing Cape Coral Shopping Centers. Property is tenant occupied and all showings require 24 hour notice. This duplex is back to back with 1108 7th Way (MLS# 224036599) duplex owned by same seller and also available for sale. Making this a great opportunity to turn this into a quadplex package. Both properties have same layout.
  1. Listed by Yaira Medina • Sellstate 5 Star Realty

Property Details for 1107-1111 Seventh Way

Development
NORTH FORT MYERS
Building Design
Duplex
Community Type
No Subdivision, Non-Gated
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
None/Other

Location

Listing Courtesy of Sellstate 5 Star Realty, Yaira Medina
Add your commute
LISTING UPDATED: 04/24/2024 08:46 AM

Property Details for 1107-1111 Seventh Way

StatusActive
MLS #224036802
Days on Market10
Taxes$2,136 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1961
Lot Size0.10 AC / 4,181 SF
CountyLee County

Location

Listing Courtesy of Sellstate 5 Star Realty, Yaira Medina
Add your commute

Building Information for 1107-1111 Seventh Way

Stories-Residences2Year Built1961Building Size-Lot Size0.10 AC / 4,181 SF

Payment Calculator

$1,570 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,392

Property Taxes

$178

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1107-1111 Seventh Way

Summary
Location and General Information
  • City: NORTH FORT MYERS
  • Directions: Please use GPS.
  • Human Modified: Yes
  • Latitude: 26.66
  • Longitude: -81.88
  • MLS Area Major: FN06 - North Fort Myers Area
  • Pets: No Approval Needed
  • Postal Code: 33903
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Street Name: 7th
  • Street Number: 1107/1111
  • Street Suffix: WAY
  • Block: H
  • Full Address: 1107/1111 7th WAY
Parking
  • Covered Spaces: .00
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • HOA Fee: $.00
  • Tax Annual Amount: $2,136.18
  • Tax Year: 2023
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Development Name: NORTH FORT MYERS
  • Parcel Number: 11-44-24-01-0000H.0270
  • Property Type: Residential Income
  • Section: 11
  • Lot Unit: 27
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Rectangular Lot
  • Acres: 0.096
  • Lot Size Area: 0.096
  • Lot Size Dimensions: 72 x 60 x 72 x 60
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: CABANA CITY BLK H PB 8 PG 61 LOTS 27 THRU 33 INCL
Property and Assessments
  • Total Area: 432.0
  • Possession: Close Of Escrow
  • Property Condition: Resale
  • Property Sub Type: Duplex
  • Township: 44
  • Range: 24E
  • Special Assessment: 0.00
  • Sub Condo Name: NORTH FORT MYERS
  • Year Built Numeric: 1961
  • Property Sub Type Additional: Duplex
  • Zoning Code: TFC2
Lease Information
  • Land Lease Fee: $.00
  • Lease Amount Per Area Unit: Dollars Per Square Foot
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: Central
  • Water Source: Public
  • Water: Central
Multi Family
Multi-Family Information
  • Gross Rental Income: $29,100.00
  • Annual Net Operating Income: $25,604.00
  • Annual Food And Beverage Minimum: 0.00
  • Number Of Units Total: 1
  • Annual Expenses: $3,496.00
  • Other Fee: $.00
  • Units in Building: 2
Unit 1 Information
  • Monthly Gross Income: $1,200.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Description: Screened Lanai/Porch,Ceiling Fan(s),Range,Refrigerator,Smoke Detector
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 1200
  • Unit Type Type: Item1Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 432.0
Interior and Exterior Features
Exterior Features
  • Architectural Style: Duplex
  • Association Amenities: Storage
  • Canal Width: None
  • Community Features: Non Gated
  • Construction: Poured Concrete, Concrete Block
  • Exterior Features: None
  • Exterior Features: None
  • Irrigation Source: None
  • Private Pool: No
  • Roof: Shingle
  • Structure Type: Duplex
  • Gulf Access: No
  • Spa: No
Interior Features
  • Baths Full: 2
  • Bathrooms Total Integer: 2.0
  • Beds Total: 2
  • Cooling: Ceiling Fans, Window Units
  • Cooling: Yes
  • Elevator Text Details: None
  • Flooring: Tile
  • Heating: None
  • Heating: No
  • Window Features: Single Hung
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 1107-1111 Seventh Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1107-1111 Seventh Way

This home is within Lee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 5
Rating
School
Distance
Hancock Creek Elementary School
PublicPK to 5

Tropic Isles Elementary School
PublicPK to 5

J. Colin English Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1107-1111 Seventh Way is a multi-family home for sale in North Fort Myers, FL 33903. This property was listed for sale on April 23, 2024 by Sellstate 5 Star Realty, it's currently listed at $255,000. This listing's school district is Lee. Nearby schools include Hancock Creek Elementary School, Tropic Isles Elementary School and Dr Carrie D Robinson Littleton Elementary School. 1107-1111 Seventh Way is a 2-bed, 2-bath, 432 sqft multi-family home built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sellstate 5 Star Realty, Yaira Medina

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