1301 Thompson ST Pending

North Fort Myers,FL 33903

$ 495000

4 Beds

3 Baths

2516 SqFt


Key Details

Property Type Single Family Home, Vacant Land

Sub Type Ranch,Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 2,516 sqft

Price per Sqft $196

Subdivision Belle Aire Lagoon

MLS Listing ID 224048463

Bedrooms 4

Full Baths 3

Year Built 1958

Annual Tax Amount $981

Tax Year 2023

Lot Size 0.295 Acres

Property Description

Do not miss this fully renovated gulf access home! It has 4 bedrooms and 3 baths including an attached 1 bedroom 1 bath apartment with full kitchen and its own separate entrance that can easily be rented for at least $1200 per month or as a short term vacation rental for even more income if you want to live in it and rent that side out. Or use it for your adult children if they need to come home or a parent if they need to come stay with you or even for guests. Or buy it as an investment property and rent both units annually or as vacation homes! The options are endless and the income good. **Investors estimated CAP rate 11% as an annual rental and much higher as a vacation rental.** Everything you see and touch has been replaced. Quartz counters with waterfall sides on the island and matching backsplash, wood shaker cabinets, new stainless appliances in both the main house and apartment, new luxury plank vinyl flooring throughout, new showers, new toilets, complete new septic system, new AC, new hurricane rated garage door, all new energy efficient low-E impact glass windows throughout, all new impact rated exterior doors, new paint inside and out and new composite dock. Home recently appraised for $575k. Seller is willing to give $11k closing cost credit as well which can be used to buy the interest rate down. If used for temporary rate buy down payment can be reduced by roughly $610 per month year 1 and about $310 per month in year 2. Call for details.

Location

State FL

County Lee

Area Belle Aire Lagoon

Zoning RS-1

Rooms

Dining Room Breakfast Bar,Dining - Living

Kitchen Island,Pantry

Interior

Heating Central Electric,Wall Unit,Zoned

Flooring Laminate

Equipment Auto Garage Door,Dishwasher,Disposal,Microwave,Range,Refrigerator,Refrigerator/Freezer,Refrigerator/Icemaker,Smoke Detector,Washer/Dryer Hookup

Exterior

Exterior Feature Boat Dock Private,Composite Dock,Dock Deeded,Dock Included,Screened Lanai/Porch

Garage Driveway Paved,RV-Boat,Attached

Garage Spaces 1.0

Fence Fenced

Amenities Available None

Waterfront Yes

Waterfront Description Canal Front,Navigable,Seawall

View Y/N Yes

View Canal,Landscaped Area,Mangroves,Water,Trees/Woods

Roof Type Metal

Building

Lot Description Across From Waterfront,Dead End,Irregular Lot,Oversize

Building Description Concrete Block,Stucco, DSL/Cable Available

Story 1

Sewer Septic Tank

Water Assessment Paid,Central

Structure Type Concrete Block,Stucco

New Construction No

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