1039 3rd St
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1039 3rd St
4 Unit Apartment Building $1,393,560 CAD ($348,390 CAD/Unit) Fort Myers, FL 33931
Executive Summary
4 Residential units that survived Hurricane Ian. Located in the Down Town Overlay District. Possibilities:
1. Keep as is and remodel under the 50% rule
2. Raise above flood, make underneath a parking lot and remodel the 4 units with possibility of getting the town to approve 12 units with the three to one multiplier
3. Take down and put up a brand new 4 plex
4. Put up a duplex one each of the lots
5. Turn into a parking lot
This building is on 3rd Street in the Heart of the Overlay District. This is a Short Term Rental home run
1. Keep as is and remodel under the 50% rule
2. Raise above flood, make underneath a parking lot and remodel the 4 units with possibility of getting the town to approve 12 units with the three to one multiplier
3. Take down and put up a brand new 4 plex
4. Put up a duplex one each of the lots
5. Turn into a parking lot
This building is on 3rd Street in the Heart of the Overlay District. This is a Short Term Rental home run
Property Facts
| Price | $1,393,560 CAD | Property Subtype | Apartment |
| Price Per Unit | $348,390 CAD | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 1,800 SF |
| Sale Conditions | Building in Shell Condition | No. Stories | 1 |
| No. Units | 4 | Year Built/Renovated | 1960/1984 |
| Property Type | Multifamily |
| Price | $1,393,560 CAD |
| Price Per Unit | $348,390 CAD |
| Sale Type | Investment |
| Sale Conditions | Building in Shell Condition |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.15 AC |
| Building Size | 1,800 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1960/1984 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
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PROPERTY TAXES
| Parcel Number | 24-46-23-W3-00202.0090 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $765,855 CAD |
PROPERTY TAXES
Parcel Number
24-46-23-W3-00202.0090
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$765,855 CAD
zoning
| Zoning Code | C-1 (Downtown Business Overlay District) |
| C-1 (Downtown Business Overlay District) |
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Shipwreck Treasures
1039 3rd St
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