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Closed
  • $400,000

    503 Prospect Ave, Fort Myers, FL 33905

    7beds
    --sqft
    Triplex, Multi Family
    Built in 1941
    -- sqft lot
    $372,700 Zestimate®
    $--/sqft
    $1,742 Estimated rent

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    $1,742/mo

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    $1,742/mo

    Rent Zestimate®

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    $2,511/mo

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    $2,511/mo

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    What's special

    Charming Updated Multi-Unit Rental Property in the Heart of Fort Myers This well-maintained, fully updated rental property offers a total of three units, all currently leased with established contracts, making it a perfect investment opportunity. Located in a highly convenient area of Fort Myers, this property is just minutes away from local supermarkets, fast food restaurants, and the bustling downtown area, with easy access to Interstate 75 for quick commutes. Unit 1: Spacious 3-bedroom, 1-bathroom, perfect for families or tenants seeking additional space. Unit 2: Cozy 1-bedroom, 1-bathroom, ideal for individuals or couples looking for a more compact living space. Unit 3: Comfortable 2-bedroom, 1-bathroom, offering a great balance of space and affordability. Each unit has been thoughtfully updated, ensuring comforts with all the amenities your tenants need. Whether you're looking for a steady rental income or a property with long-term investment potential, this multi-unit home offers great value in a prime location. Don't miss out on this opportunity to own a well-located rental property with strong cash flow potential.

    Zillow last checked: 8 hours ago

    Listing updated: June 11, 2025 at 11:41am

    Listed by:

    Jenny Caicedo 239-878-5285,

    Call It Closed Intl Realty

    Bought with:

    Neal Rogers, 249523682

    Waterfront Realty Group Inc

    Source: Florida Gulf Coast MLS,MLS#: 224094301MLS LogoOriginating MLS: Florida Gulf Coast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • None
    Cooling
    • Central Air, Electric, Wall Unit(s)
    Features
    • Flooring: Vinyl
    • Windows: Single Hung
    Interior area
    • Total structure area: 0

    Property

    Features
    • Stories: 1
    • Exterior features: None
    • Waterfront features: None
    Lot
    • Size: 0.48 Acres
    • Dimensions: 149 x 140 x 149 x 139
    • Features: Oversized Lot
    Details
    • Parcel number: 094425080000A.0220
    • Lease amount: $0
    • Zoning description: TFC-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch,One Story
    • Property subtype: Triplex, Multi Family
    Materials
    • Stucco, Wood Frame
    • Roof: Shingle
    Condition
    • Resale
    • Year built: 1941

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & neighborhood

    Location
    • Region: Fort Myers
    • Subdivision: EASTLAND PARK

    HOA & financial

    HOA
    • Amenities included: None
    Other fees
    • Condo and coop fee: $0
    • Membership fee: $0

    Other

    Other facts
    • Listing terms: All Financing Considered,Cash,FHA,VA Loan
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $372,700
    2% more+$7,454
    With Zillow Showcase(estimated)$380,154