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Apartment & condo for sale in Fort Myers

USD 51,000

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%   View more View less 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

SALE PRICE PER SQFT IN FORT MYERS

Average sale price per sqft
Dec 2018
3 months
1 year
House
USD 187
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Apartment
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AVERAGE HOME VALUES IN FORT MYERS

REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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