new - 6 days on rocket

2674-2674 Michigan Ave, Fort Myers, FL, 33916

$549,000

Home List Price

$6,519*

Closing Credit

4 Bedrooms
2 Full Baths
Multi

Location

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2674-2674 Michigan Ave, Fort Myers$549,000

Buyer Closing Credits

$6,519*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1957
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontNone
MLS #224100587
Lot Size0.17 Acres
StatusActive

About 2674-2674 Michigan Ave

This charming corner lot property is situated in the highly desirable Dean Park District of Fort Myers. Featuring a new standing seam metal roof, impact windows, tankless water heaters, and elevated HVAC units, this income producing property is outfitted to withstand wear and tear from both tenants and the elements, allowing a potential buyer to focus on generating income rather than attending to maintenance issues. In terms of amenities, this property features twin carports with attached laundry rooms and a large fenced in back yard. The location is also unbeatable, providing residents walking access to downtown Fort Myers while affording them all of the peace and serenity that Dean Park living offers. The left side of this duplex is occupied by an annual tenant at more than $2,000 per month and the right side unit is currently operated as a vacation rental, providing ample opportunity for owner occupants to take advantage of the income from the left unit while living in the right unit. For investors looking to maximize cash flow, there have been multiple applications for annual tenancy of the right side at $2,400 per month. Possible annualized gross income of $57,600 with both sides rented at $2,400 per month. This property features an assumable flood insurance policy, providing coverage through the end of 2025. Agent/Owner Disclaimer- Listing agent possesses an ownership interest in the property.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, One Story, Duplex
  • Year Built: 1957
  • Stories: 1

Listing Office:

  • Office Name: Premier Sotheby's Int'l Realty
  • Office Phone: (239) 472-2735
  • Listing Agent: Palmer Rosen

Interior Features

Interior Information:

  • Flooring Type: Concrete
  • Interior: High Speed Internet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • Exterior: Fence

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,000
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Housing Market Comparison

See how this home compares to others in Fort Myers, FL.

Med. Sold Price

$373.9K

Med. Price/SqFt

$236

Avg. Days On Market

79

# of Sold Homes

269

2674-2674 Michigan Ave vs Fort Myers

6 DAYS ON ROCKET

-73 Days

$549,000

+$175K More

KEY TAKEAWAY

This property is $175K more than the Median Sold Price in Fort Myers, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #224100587

Listing Office:

  • Office Name: Premier Sotheby's Int'l Realty
  • Office Phone: (239) 472-2735
  • Listing Agent: Palmer Rosen

IDX 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: 12/17/2024, 11:55:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,808

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,712

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.

Nearby Schools

school-card-donut-4293327
5
/10
  • James Stephens Elementary School

  • 1333 Marsh Ave

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-4293328
3
/10
  • Franklin Park Elementary School

  • 2323 Ford St

  • 1.45 miles

  • Public District Grades KG-5

school-card-donut-4293329
5
/10
  • Edgewood Academy

  • 3464 Edgewood Ave

  • 1.68 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,540. Residents of Fort Myers, FL typically earn less than $35k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Fort Myers, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Fort Myers, FL?

Fort Myers' housing market showcases a blend of single-family homes, condominiums, and townhouses, with a noticeable presence of Mediterranean and ranch-style architecture. Single-family homes are prevalent, making up a significant portion of the market, while the condominiums and townhouses offer alternatives for those seeking a more maintenance-free lifestyle. The area has seen a steady increase in new developments, particularly gated communities that offer additional amenities.

Is Fort Myers, FL a good place to live?

Fort Myers is celebrated for its vibrant history and connection to the arts, with annual events like the Fort Myers Film Festival drawing cultural enthusiasts. The community prides itself on its scenic riverfront, historic downtown area, and the Edison and Ford Winter Estates, which reflect the city's rich heritage and attract visitors year-round.

Are things conveniently located in Fort Myers, FL?

The city is served by a range of educational institutions, including public and private schools that cater to various educational needs. Healthcare is well-supported with several hospitals offering a spectrum of services from emergency care to specialized treatments. The public library system is robust, providing residents with access to a wealth of knowledge and resources. Retail and dining options are plentiful, with an emphasis on seafood and local cuisine that mirrors the coastal lifestyle of the area.

What does the transportation in Fort Myers, FL look like?

Fort Myers' transportation network includes a public bus service with routes connecting key areas of the city, though schedules may vary. Ride-sharing services are readily available, offering a convenient alternative for residents and visitors. The city is also connected by major roads and highways, facilitating travel to nearby cities and attractions. Efforts to enhance walkability are evident in the downtown area, which is designed to be pedestrian-friendly, while bike lanes are also available in certain parts of the city.

Rocket HomesFloridaLee CountyFort Myers339162674-2674 Michigan Ave

This home is located at 2674-2674 Michigan Ave in Fort Myers, FL and zip code 33916. This home, which was built in 1957, sits on a 0.17 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $549,000.

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.

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