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$799,000

Beds
3
Baths
3.0
sq ft
1,859

1605 Hough St, Fort Myers, FL 33901

1605 Hough St

FORT MYERS, FL 33901

  • 123 days on market
    • Price drop $50,500↓
LIFESTYLE, INCOME & A DEVELOPMENT OPPORTUNITY. This beautifully renovated 2BD/2BA vintage home with soaring ceilings, an open floor plan AND attached 1BD/1BA apartment is situated in an urban oasis of .75 acres of lush mature landscaping in the Historic Downtown River District. Quality updates include roof, gutters & downspouts (2023), hurricane impact windows (2023), Hardie board siding & skirting (2024), new A/C (2023), hardwood floors, stunningly beautiful bathrooms and the list goes on, too numerous to mention here. It's a short walk or easy trolly ride to Downtown Fort Myers with its theaters, restaurants, galleries, museums, boutique shopping, cultural events, Regional Library and the riverfront Ampitheater. Also included is the 288 sq. ft. out-building with RV hook-up with 30-amp outlet, sewer, plumbing and electric PLUS a 180 sq. ft. shed ideal for additional storage. The unique URBAN GENERAL ZONING allows for commercial uses, live/work, development of up to 12 units per acre, making this parcel a one-of-a-kind opportunity. The property is perfect for Artists and Dreamers to use as it sits, or Entrepreneurs and Developers, live the lifestyle, collect the rent and develop the property to its full potential.

Details

Property type

Single Family Residence

Est. home value

$721,067

Lot size

0.75 acres

Price per sq ft

$430

Year built

1900

Annual property taxes

$7,333.03

HOA

No

Price History

07/22/2024

FGCMLS #224051616

Listed
$799,000
+36.6%
09/29/2021

FGCMLS #221054027

Sold
$584,900
+42.66%
04/20/2020

FGCMLS #220007689

Sold
$410,000
+17.14%

Schools & Community

Elementary school: 

SCHOOL OF CHOICE

Middle school: 

SCHOOL OF CHOICE

High school: 

SCHOOL OF CHOICE

Community features: 

Street Lights

Number of units in community: 

2

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Better Mortgage Corporation

Loan start date

September 2021

Original loan amount

$404,930

Est. remaining balance

$377,478

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Joseph Anthony Lauer and Antoinette Darretta

Lender

Better Mortgage Corporation

Loan start date

September 2021

Original loan amount

$404,930

Est. remaining balance

$377,478

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Joseph Anthony Lauer and Antoinette Darretta

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/22/2024 at 1:35 PM

Listing updated: 09/30/2024 at 2:53 PM

Listed by: JJ Cochrane, Berkshire Hathaway Florida Phone #: (239) 482-5700

MLS: FGCMLS #224051616

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