MLS® ID: 219044812
154 Connecticut ST
FORT MYERS BEACH, Florida, 33931 $720,000
PRICED TO SELL! Great investment property or SINGLE FAMILY HOME and rent other side as a duplex located mid-island, a few minutes from the beach. This property has a gross rental in excess of 90 K with a CAP rate of 8+. There are a 2br/2ba unit and a 3br/2ba unit with a total area of 2,800 sqft. Both units are turnkey and ready to rent. There is a huge garage on the lower level with the capacity for 6+ vehicles and an observation room with view of the Gulf.
It also has a swimming pool that was added in 2017. It is zoned to allow weekly rental which maximizes the rental potential.
It is extremely well built. Home has floor trusses 16" on center and a metal roof with stainless screws and rubber washers for security. Make an appointment - it is easy to show!