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!
Directions: From Dr Martin Luther King Jr Blvd, turn left onto Monroe St. Turn right to stay on Monroe St.Turn right onto Victoria Ave. Turn left onto Brevard Ave. Destination will be on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $1,000,000
Price Per SqFt: $373/SqFt
Tax Information:
Annual Amount: $4,266
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Fort Myers, FL.
This property is $626K more than the Median Sold Price and $137/SqFt more than other homes in Fort Myers, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWFL
MLS Number: #224094355
Listing Office:
Office Name: John R. Wood Properties
Office Phone: (239) 984-8177
Listing Agent: Lenka Doyle
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 1:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 01, 2010
Jul 01, 2010Home Sold
$62,000
Jun 08, 2006
Jun 08, 2006Home Sold
$440,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$4,266
$217,219
2019
$4,117
$171,965
2018
$3,652
$156,332
2017
$3,366
$142,120
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,058
Per Month
Principal & Interest
$4,991
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,065
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Edison Park Creative and Expressive Arts School
2401 Euclid Ave
Distance between this listing and this school0.25 miles
Public District Grades KG-5
3
/10
Allen Park Elementary School
3345 Canelo Dr
Distance between this listing and this school1.38 miles
Public District Grades KG-5
3
/10
Franklin Park Elementary School
2323 Ford St
Distance between this listing and this school1.72 miles
Public District Grades KG-5
Nearby Schools
2
/10
Fort Myers Middle Academy
3050 Central Ave
Distance between this listing and this school1.34 miles
Public District Grades 6-8
3
/10
Caloosa Middle School
610 Del Prado Blvd S
Distance between this listing and this school4.15 miles
Public District Grades 6-8
4
/10
Paul Laurence Dunbar Middle School
4750 Winkler Avenue Ext
Distance between this listing and this school4.43 miles
Public District Grades 6-8
Nearby Schools
6
/10
Fort Myers High School
2635 Cortez Blvd
Distance between this listing and this school0.58 miles
Public Magnet Grades 9-12
1
/10
Coronado High School
3057 Cleveland Ave
Distance between this listing and this school1.12 miles
Public Charter Grades 7-12
2
/10
Northern Palms Charter High School
13251 N Cleveland Ave
Distance between this listing and this school1.79 miles
The neighbors living near this home have an average income of $34,231. Typical income of Fort Myers, FL residents is less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2218 Brevard Ave
What is the listing price of this property?
The listing price of 2218 Brevard Ave property is $1,000,000.
What type of property is this?
The property 2218 Brevard Ave is a house located in Fort Myers, Florida, 33901.
Is this property for sale now?
Active Listing: 2218 Brevard Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $4,266 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 1, 2010 for $62,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 2218 Brevard Ave has 5 bedrooms and 5 bathrooms.
What is the square footage of this property?
The property 2218 Brevard Ave is 2,683 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2218 Brevard Ave is 1924.
This home is located at 2218 Brevard Ave in Fort Myers, FL and zip code 33901 in the Altamont Manor neighborhood. This 2,683 square foot home, which was built in 1924, sits on a 0.21 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $1,000,000.
Over 13 listings were sold over their listed price in November 2024 in Fort Myers, FL. In the same period over 224 listings were sold below the listed price and 32 listings were sold for the listed price. Between October 2024 and November 2024, Fort Myers, FL real estate market has seen increase in the number of listings by 18.2%. While the average time on the market in November 2024 was 79 days, the median list price was $373,994.
From Rocket Homes Real Estate and based on county public records data.