About this home
Four-unit income property at 5519-5525 Seventh Ave in Pine Manor, central Fort Myers. Four 2-bedroom/1-bath units, all leased, bringing in $4,645/month ($55,740/year) in gross rent. Unit 5519 was recently remodeled with new white shaker kitchen cabinets, large-format porcelain tile throughout, an updated bath and fresh paint. Concrete block construction, one parcel, central water and sewer, and tenants pay their own water and electric. A turnkey investment close to shopping, dining and major roads. Seller is a licensed Florida real estate broker.
Listing last checked: Listing updated:
Listed by Saulius Bruzas · Florida Signature Realty Inc · MLS #2026042536
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Details at a glance
Interior3 property facts
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Flooring
- Tile
Building3 property facts
- Style
- Quadruplex
- Year built
- 1971
- Roof
- Shingle
Land & utilities3 property facts
- Lot size
- 0.275 acres
- Water
- Public
- Sewer
- Public Sewer
Financial3 property facts
- Annual taxes
- $5,641
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $549,900 asking price. Adjust the assumptions to your situation.
Known monthly costs$3,251 / monthAdjust
- Principal & interest
- $2,781
- Property tax
- $470
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $5,641. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Sld
$230,000 · Sold $200,000 · Jan 8, 2018
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About 5519 Seventh Avenue
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