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$455,000

Beds
3
Baths
2.5
sq ft
1,435

16320 Arbor Ridge Dr, Fort Myers, FL 33908

16320 Arbor Ridge Dr

Fort Myers, FL 33908

  • 81 days on market
    • Price drop $19,000↓
Prime Investment Opportunity: Mostly renovated 3-Bedroom Pool Home in the coveted Iona section of Fort Myers. Attention investors and buyers seeking an ideal property… Discover an incredible opportunity with this 3-bedroom, 2 ½-bathroom pool home in the highly sought-after Iona section of Fort Myers. Situated just minutes from the pristine beaches of Sanibel Island and close to all essential shopping and amenities, this property offers unmatched convenience and untapped potential. This magnificent home features a spacious and functional layout and is primed for transformation. The primary suite includes a large bathroom and a walk-in closet, while the second and third bedrooms provide ample closet space. A roomy living area, separate dining room, and comfortable eat-in kitchen area offer versatile spaces, ideal for both everyday living and rental potential. The outdoor area is designed for entertaining, featuring a large screened-in lanai, a heated inground pool, and an outdoor shower. The half-acre lot is beautifully landscaped, creating a peaceful retreat on a quiet, friendly street. The oversized 2 ½-car garage provides extra room for a workshop or storage. Offered at a discounted price of $520K AS-IS, this property invites you to customize the final touches with the present owner or complete the renovations yourself. Whether you're an investor looking for a lucrative flip or a homeowner eager to add personal touches to your dream home, this is a rare find. With a brand new roof, updated flooring, and modern lighting already in place, don’t miss out on this unique chance to capitalize on a property with strong potential in one of Fort Myers' most desirable locations.

Details

Property type

Single Family Residence

Est. home value

$406,980

Lot size

0.53 acres

Price per sq ft

$318

Year built

1983

Annual property taxes

$1,846.95

HOA

No

Price History

11/15/2024

FGCMLS #224070851

Price change
$455,000
-4.01%
10/31/2024

FGCMLS #224070851

Price change
$474,000
-0.21%
10/26/2024

FGCMLS #224070851

Price change
$475,000
-0.21%

Schools & Community

Elementary school: 

RAYMA C.PAGE ELEMENTARY

Middle school: 

LEXINGTON MIDDLE SCHOOL

High school: 

DUNBAR HIGH SCHOOL

Number of units in community: 

1

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

Unitas Funding Llc

Loan start date

January 2024

Original loan amount

$396,750

Est. remaining balance

Not provided

Interest rate

7.44%

Loan type

Commercial

Seller

Promised Land Investments & Holdings Llc

Lender

Unitas Funding Llc

Loan start date

January 2024

Original loan amount

$396,750

Est. remaining balance

Not provided

Interest rate

7.44%

Loan type

Commercial

Seller

Promised Land Investments & Holdings Llc

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: 11/19/2024 at 10:40 AM

Listing updated: 11/16/2024 at 2:05 PM

Listed by: Aryana Wagner, Marzucco Real Estate Phone #: (239) 234-5134

MLS: FGCMLS #224070851

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