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Apartment & Condo (For sale)
Reference:
UGQN-T754
/ 709
This is an Exclusive offer for Cash Buyers. This is a beautiful development that is very popular for its close proximity to schools, universities, hospitals, shopping and the beaches. The interstate is just 5 minutes away allowing easy access to Southwest Florida International Airport and many workplaces around. We have secured a selection of spacious and newly refurbished one, two and three bedroom condos which are being offered at 60%-70% below previous market value. Location Located in the heart of Gateway, only 3.1 miles from I-75. Royal Greens "The Grand at Gateway" is the perfect location to make luxury & leisure a part of YOUR everyday. Our courtyard is ideal for evening strolls around tropical landscape and flowing fountains. in Fort Myers on the South West Coast of Florida located off the main thoroughfare close to historic downtown and the beaches. Its excellent location and close proximity to schools, hospitals, universities and businesses ensure that this development is always in high demand. Fort Myers is not only one of Florida's most popular holiday destinations but is also one of the fastest growing cities in Florida. A brand new international airport, beautiful beaches on the Gulf of Mexico and an abundance of championship golf courses attract around 5 million visitors a year. Property Detail The luxurious floor plans include one, two and three spacious bedrooms, two bathrooms. Central air conditioning, fully fitted kitchens and appliances. This gated community offers a clubhouse, 30 seat theater room, resort pool,18 hole golf course, putting greens, in-door basketball court, laundry facility and 24hr fitness center. Summary Minutes To International Airport 60% Below Previous Market Value 10% Net Yield Cash Flow Positive Units Fully Rented On-Site Management Fantastic Location Resort Clubhouse 18 Hole Golf Course In Door Basketball 24 Hour Fitness 30 Seat Theater Financials 1 Bedroom Condo Purchase Price $51,000 Income Monthly Rent $695 Annual Gross Rent $8,340 Expenses Management Fee (8%) $667 Estimated Taxes $717 Association Dues ($182/Monthly) $2,184 Annual Expenses $3,568 Cash Flow & Appreciation 3-Year Market Correction $10,000 Monthly Cash-Flow $398 Net Operating Income (NOI) $4,772 Return On Investment (ROI) 9.36% 3-Year Total Returns $24,315 3-Year Cumulative ROI 47.68%
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This is an Exclusive offer for Cash Buyers. This is a beautiful development that is very popular for its close proximity to schools, universities, hospitals, shopping and the beaches. The interstate is just 5 minutes away allowing easy access to Southwest Florida International Airport and many workplaces around. We have secured a selection of spacious and newly refurbished one, two and three bedroom condos which are being offered at 60%-70% below previous market value. Location Located in the heart of Gateway, only 3.1 miles from I-75. Royal Greens "The Grand at Gateway" is the perfect location to make luxury & leisure a part of YOUR everyday. Our courtyard is ideal for evening strolls around tropical landscape and flowing fountains. in Fort Myers on the South West Coast of Florida located off the main thoroughfare close to historic downtown and the beaches. Its excellent location and close proximity to schools, hospitals, universities and businesses ensure that this development is always in high demand. Fort Myers is not only one of Florida's most popular holiday destinations but is also one of the fastest growing cities in Florida. A brand new international airport, beautiful beaches on the Gulf of Mexico and an abundance of championship golf courses attract around 5 million visitors a year. Property Detail The luxurious floor plans include one, two and three spacious bedrooms, two bathrooms. Central air conditioning, fully fitted kitchens and appliances. This gated community offers a clubhouse, 30 seat theater room, resort pool,18 hole golf course, putting greens, in-door basketball court, laundry facility and 24hr fitness center. Summary Minutes To International Airport 60% Below Previous Market Value 10% Net Yield Cash Flow Positive Units Fully Rented On-Site Management Fantastic Location Resort Clubhouse 18 Hole Golf Course In Door Basketball 24 Hour Fitness 30 Seat Theater Financials 1 Bedroom Condo Purchase Price $51,000 Income Monthly Rent $695 Annual Gross Rent $8,340 Expenses Management Fee (8%) $667 Estimated Taxes $717 Association Dues ($182/Monthly) $2,184 Annual Expenses $3,568 Cash Flow & Appreciation 3-Year Market Correction $10,000 Monthly Cash-Flow $398 Net Operating Income (NOI) $4,772 Return On Investment (ROI) 9.36% 3-Year Total Returns $24,315 3-Year Cumulative ROI 47.68%
Reference:
UGQN-T754
Country:
US
City:
Fort Myers
Category:
Residential
Listing type:
For sale
Property type:
Apartment & Condo
AVERAGE HOME VALUES IN FORT MYERS
REAL ESTATE PRICE PER SQFT IN NEARBY CITIES
| City |
Avg price per sqft house |
Avg price per sqft apartment |
|---|---|---|
| Collier | - | USD 276 |
| Palm Beach | USD 250 | - |
| Florida | USD 272 | USD 368 |
| Loughman | USD 111 | - |
| Fort Lauderdale | USD 534 | USD 537 |
| Miami Beach | - | USD 768 |
| Virginia | USD 176 | - |
| Illinois | USD 318 | USD 486 |
| Cook | - | USD 486 |
| Fairfield | USD 392 | - |