9 days on rocket

Sale Pending

503 Prospect Ave, Fort Myers, FL, 33905

$425,000

Home List Price

$5,047*

Closing Credit

7 Bedrooms
3 Full Baths
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

503 Prospect Ave, Fort Myers$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTriplex
Year Built1941
HeatingNone
CoolingCentral Air, Electric, Wall Unit(s)
WaterfrontNone
MLS #224094301
Lot Size0.48 Acres
StatusSale Pending
(Pending)

About 503 Prospect Ave

Charming Updated Multi-Unit Rental Property in the Heart of Fort Myers This well-maintained, fully updated rental property offers a total of three units, all currently leased with established contracts, making it a perfect investment opportunity. Located in a highly convenient area of Fort Myers, this property is just minutes away from local supermarkets, fast food restaurants, and the bustling downtown area, with easy access to Interstate 75 for quick commutes. Unit 1: Spacious 3-bedroom, 1-bathroom, perfect for families or tenants seeking additional space. Unit 2: Cozy 1-bedroom, 1-bathroom, ideal for individuals or couples looking for a more compact living space. Unit 3: Comfortable 2-bedroom, 1-bathroom, offering a great balance of space and affordability. Each unit has been thoughtfully updated, ensuring comforts with all the amenities your tenants need. Whether you're looking for a steady rental income or a property with long-term investment potential, this multi-unit home offers great value in a prime location. Don't miss out on this opportunity to own a well-located rental property with strong cash flow potential.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, One Story
  • Year Built: 1941
  • Stories: 1

Listing Office:

  • Office Name: Call It Closed Intl Realty
  • Office Phone: (407) 338-3339
  • Listing Agent: Jenny Caicedo

Interior Features

Interior Information:

  • Flooring Type: Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

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

Lot Features

Lot Information:

  • Lot: Oversized Lot
  • Lot Size: 0.48 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: Central Air, Electric, Wall Unit(s)

Other

Directions Information:

  • Directions: GPS for Directions

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000

Tax Information:

  • Annual Amount: $1,783
  • Tax Year: 2020
House and calculator

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.

Map thumbnail provided by MapBox

Fort Myers, FL

City

Med. Sold Price

$373.9K

Med. Price/SqFt

$236

Avg. Days On Market

79

# of Sold Homes

269

503 Prospect Ave vs Fort Myers

9 DAYS ON ROCKET

-70 Days

$425,000

+$51K More

KEY TAKEAWAY

This property is $51K 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: #224094301

Listing Office:

  • Office Name: Call It Closed Intl Realty
  • Office Phone: (407) 338-3339
  • Listing Agent: Jenny Caicedo

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: 12/11/2024, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 11, 2010Home Sold
$12,000
Jul 31, 1997Home Sold
$45,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,783$121,937
2019$1,651$54,067
2018$1,508$49,152
2017$1,400$79,947

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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-1711138
4
/10

  • Tice Elementary School

  • 4524 Tice St

  • 0.25 miles

  • Public District Grades KG-5

school-card-donut-1711139
5
/10

  • Edgewood Academy

  • 3464 Edgewood Ave

  • 1.30 miles

  • Public District Grades KG-5

school-card-donut-1711140
4
/10

  • Orange River Elementary School

  • 4501 Underwood Dr

  • 1.32 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,323. Most Fort Myers, FL residents have annual incomes less than $35k. 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.

Types of housing 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.

What is it like to live in Fort Myers, FL?

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.

Is it easy to get around Fort Myers, FL without a car?

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.

Transportation in Fort Myers, FL.

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 Homes›Florida›Lee County›Fort Myers›33905›503 Prospect Ave

This home is located at 503 Prospect Ave in Fort Myers, FL and zip code 33905. This home, which was built in 1941, sits on a 0.48 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 02, 2024 and is currently priced at $425,000.

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. The number of homes for sale in Fort Myers, FL increased by 18.2% between October 2024 and November 2024. In November 2024 median list price was $373,994 and the average listing age was 79 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources