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.
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
Owner options
What's special
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#: 224094301
Originating 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