5510/5512 Eleventh Ave, Fort Myers, FL 33907

$280,000
4
BD
2
BA

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List Price
$280,000
Listing Price
$280,000
Price Change
▼ $10,000 1782861852
Days on Market
57
MLS#
226021776
Development
Pine Manor
Building Design
Duplex
County
Lee
Region
FM07 - Fort Myers Area
Development
Pine Manor
Subdivision
Pine Manor
Year Built
1983
Total Area
7,579

Property Description

Welcome to 5510/5512 Eleventh Ave, a well-maintained duplex in the established Page Park area of Fort Myers offering income now and upside ahead. Each side features a comfortable 2 bedroom, 1 bath layout, with one unit currently rented at $1,500 per month and tenants responsible for their own electric and water. The second side is vacant, giving you flexibility to move in and house-hack, place your own tenant at market rent, or capture the full income potential of roughly $3,000 per month when both sides are leased. With tenants covering utilities, owner overhead stays low and the numbers stay strong. Centrally located off the US-41 corridor, the property sits minutes from shopping, dining, and major roadways, with quick access to downtown Fort Myers, RSW International Airport, and the beaches. As an unincorporated Lee County parcel, it carries no city tax, an added benefit to the returns. Whether you are a seasoned investor or a first-time buyer looking to offset your mortgage, this well-kept duplex delivers dependable income with clear room to grow. Don't miss this opportunity in one of Fort Myers' proven rental neighborhoods.

Additional Information

Units
2
Bathrooms
2
Lot Description
Corner Lot
Construction
Concrete Block, Wood Frame, See Remarks, Wood Siding
Amenities
None, No Subdivision, Non-Gated
Windows
Single Hung
Water
Central
Sewer
Central
Cooling
Central Electric
Irrigation
Central
Waterfront Description
None
Boat Access
None

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Compass Florida LLC.