Money Maker!!! Very stabilized cash flow! 2 units occupied and Remodeled, located near, shopping, dining, and easy access to Fort Myers. Money making! Current Rent is low, buyer can raise rents and value in each rent renewal. 1st unit is a wonderful 4 bedroom, with 5th bedroom in loft! 2 bathrooms. Approximately 2400 square feet of living space. Tiled floors throughout. Big sized kitchen. 2nd unit is a 3 bedroom/2-bath, Approximately 1800 SF. Property is on corner of 18451 Oriole & 9001 San Carlos, annual gross income 38,700$, tax 4323$. Close to schools, restaurants and shopping. CLOSE TO I-75!! Owner holding Portfolio of 15 income producing properties include multifamily, portfolio can be divided to smaller packages or sale by individual.
Sold for $590,000
$590,000
18451 Oriole Rd, Fort Myers, FL 33967
8beds
1,946sqft
MultiFamily
Built in 1998
-- sqft lot
$612,200 Zestimate®
$303/sqft
$1,693 Estimated rent
Home value
$612,200
$569,000 - $661,000
$1,693/mo
Zestimate® history
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Owner options
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What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced air
Cooling
- Central
Features
- Flooring: Tile
- Windows: Arched
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 1,946 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Patio & porch: Patio
- Exterior features: Cement / Concrete
- Frontage length: 1
Lot
- Size: 0.34 Acres
- Features: 3 Lots
Details
- Parcel number: 16462510001210010
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1998
Utilities & green energy
- Sewer: See Remarks
Community & neighborhood
Location
- Region: Fort Myers
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $188 monthly
Other
Other facts
- Flooring: Tile
- Roof: Shingle
- NumberOfUnitsTotal: 2
- CoolingYN: true
- ExteriorFeatures: Patio
- PatioAndPorchFeatures: Patio
- PropertyAttachedYN: true
- FrontageLength: 1
- ElevationUnits: Feet
- CommonWalls: 1 Common Wall
- ConstructionMaterials: Concrete Block
- Cooling: Ceiling Fan(s)
- WindowFeatures: Arched
- Sewer: See Remarks
- LotFeatures: 3 Lots
- CoListAgentFullName: Zak Yona
- MlsStatus: Pending
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2025 | Listing removed | $725,000$373/sqft |
Source:  SWFLMLS #224101117 Report a problem | ||
| 1/2/2025 | Listed for sale | $725,000+22.9%$373/sqft |
Source: SWFLMLS #224101117 Report a problem | ||
| 1/4/2024 | Sold | $590,000-6.2%$303/sqft |
Source: Public Record Report a problem | ||
| 7/27/2023 | Listed for sale | $629,000+70%$323/sqft |
Source:  Stellar MLS #U8208604 Report a problem | ||
| 3/24/2020 | Sold | $370,000-4.9%$190/sqft |
Source:  Florida Gulf Coast MLS #219022289 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,823 +7.1% | $396,011 +10% |
| 2023 | $6,368 +13% | $360,010 +10% |
| 2022 | $5,638 +14.7% | $327,282 +10% |
Find assessor info on the county website
Neighborhood: San Carlos Park
Nearby schools
GreatSchools rating
- 4/10San Carlos Park Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 7/10Three Oaks Middle SchoolGrades: 6-8Distance: 0.6 mi
- 3/10Estero High SchoolGrades: 9-12Distance: 3.4 mi
Get a cash offer in 3 minutes
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Estimated market value$612,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$612,200