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Fort Myers Flip or Flow For Sale

  • $139,900
  • 3 beds
  • 1 baths
  • 1,156 sqft

Property Description:

This 3-bed, 1-bath, 1,156 sf wood-frame home built in 1993 sits on a 6,720 sf lot in Flood Zone X in central Fort Myers. The roof was replaced in 2022, and the home currently uses window units for cooling. No known issues are reported with plumbing or electrical. Unfortunately, the property is occupied and must be purchased sight-unseen. Layout is functional for the area, and the age (1993) gives it an advantage over the surrounding 1950s–1980s housing stock once renovated.

🛠️ Rehab Scope

Full interior cosmetic renovation (kitchen, bath, flooring, paint, fixtures)
Install central HVAC system (currently window units only)
Inspect electric panel for amperage and code compliance
Inspect all plumbing supply and drain lines; update as needed
Check for soft spots/subfloor repairs (common in frame homes)
Exterior paint, landscaping, and general cleanup
Evaluate windows for replacement or repair
Optional: Add driveway/parking improvements for rental appeal
🔵 Comparable Sales

(All comps are within the immediate neighborhood and reflect resale values for similar-sized 2–3 bed homes.)

1814 Cypress Dr – 2/1 | 1,124 sf | 1961 | Lot 6,250 sf | Closed $230,000 ($205/sf) – Renovated
2237 Sunrise Blvd – 2/1 | 1,066 sf | 1958 | Lot 8,800 sf | Closed $250,000 ($235/sf) – Renovated
2177 Trailwinds Dr – 2/2 | 1,367 sf | 1980 | Lot 10,803 sf | Closed $253,000 ($185/sf) – Clean to updated
5557 Pernod Dr – 2/2 | 1,324 sf | 1979 | Lot 0.27 ac | Closed $320,000 ($242/sf) – Fully renovated
ARV Conclusion

Renovated homes in this pocket of 33907 are reliably selling between upwards of $242 per sq ft, with the stronger renovated sales clustering in the low-to-mid $200s/sf range. Given the subject’s 1993 build year (newer than comps), 3-bed layout, and 1,156 sf size

Estimated ARV: $235,000 – $255,000

Price:
$139,900
Address:
Fourth Ave
Fort Myers, FL 33907
Square Feet:
1,156
Bedrooms:
3
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1994
Const. Type:
Frame

Property Location