tomo logo

$1,000,000

Beds
5
Baths
5.0
sq ft
2,683

2218 Brevard Ave, Fort Myers, FL 33901

2218 Brevard Ave

Fort Myers, FL 33901

  • 112 days on market
Calling all investors! Don’t miss this incredible opportunity to own a turnkey vacation rental property near the vibrant Downtown Fort Myers River District. Or the perfect family vacation getaway with a privacy for everyone! The Green Palm Villa exudes Old Florida charm while offering impressive income potential with its unique setup of five separate efficiency units. Each unit features its own bedroom, bathroom, kitchenette, and living space, providing privacy and convenience for guests. The property’s shared tropically landscaped common area enhances its appeal with a relaxing hot tub, a pergola equipped with built-in misters, a fenced yard, and a shed stocked with beach equipment and bikes for guest use. Ample on-site parking accommodates all units, making this a seamless choice for both vacationers and long-term renters. Recent upgrades, including a new roof, newer AC units. Offered turnkey, the property is ready to generate income immediately, whether as a vacation or annual rental or family vacation home with room for everyone. Its location near the Downtown Fort Myers River District provides unbeatable convenience, with easy access to historic landmarks like the Ford and Edison Estates, the city’s lively arts and music scene, riverfront parks, dining, shopping, and entertainment. Additionally, it’s just a short drive to Fort Myers Beach and Sanibel Island, further enhancing its appeal for vacationers. This property’s proven rental income history, versatility, and prime location make it a rare find. Schedule your showing today to see why this is a must-have for your investment portfolio!

Details

Property type

Single Family Residence

Est. home value

$1,325,215

Lot size

9,322 sq ft

Price per sq ft

$373

Year built

1924

Annual property taxes

$5,693.31

HOA

No

Price History

12/11/2024

FGCMLS #224094355

Listed
$1,000,000
-25.93%
05/01/2024
StellarMLS

StellarMLS #C7486008

Removed
$1,350,000
01/09/2024
StellarMLS

StellarMLS #C7486008

Listed
$1,350,000
+2077.42%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

5

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

Lending 1St Mortgage Inc

Loan start date

June 2006

Original loan amount

$110,000

Est. remaining balance

Not provided

Interest rate

6.49%

Loan type

Stand Alone Second, 30 year

Seller

Paul Mumford

Lender

Lending 1St Mortgage Inc

Loan start date

June 2006

Original loan amount

$110,000

Est. remaining balance

Not provided

Interest rate

6.49%

Loan type

Stand Alone Second, 30 year

Seller

Paul Mumford

Lender

Lending 1St Mortgage Inc

Loan start date

June 2006

Original loan amount

$330,000

Est. remaining balance

Not provided

Interest rate

8.5%

Loan type

Not Provided, 30 year

Seller

Paul Mumford

Lender

Lending 1St Mortgage Inc

Loan start date

June 2006

Original loan amount

$330,000

Est. remaining balance

Not provided

Interest rate

8.5%

Loan type

Not Provided, 30 year

Seller

Paul Mumford

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: 04/03/2025 at 7:50 PM

Listing updated: 12/11/2024 at 11:05 PM

Listed by: Lenka Doyle, John R. Wood Properties Phone #: (239) 984-8177

MLS: FGCMLS #224094355

FGCMLS logo

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