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  • $580,000

    3227-3233 Edgewood Ave, Fort Myers, FL 33916

    8beds
    3,524sqft
    Duplex, Quadruplex, Multi Family
    Built in 1976
    -- sqft lot
    $533,600 Zestimate®
    $165/sqft
    $1,094 Estimated rent

    Home value

    $533,600

    $486,000 - $587,000

    $1,094/mo

    Zestimate® history
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    Rent Zestimate®

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    $3,782/mo

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    $3,782/mo

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    What's special

    Calling all investors, OPPORTUNITY KNOCKS! These units are only being SOLD to settle an Estate. Extremely stable and reliable rental income from this one owner quadplex property. This will make a handsome addition to your portfolio and extremely easy to manage with little to no updating needed. This lot has two duplexes (for a total of 4 units) with plenty of off street parking, each unit has 2 Bedrooms, Full Bath, laundry area, tile floors, rear patio, and is in a quiet neighborhood close to downtown. These buildings have new roofs, soffits and gutters in 2023. All units have been meticulously maintained by the Sellers and have had many updates throughout the past few years including A/C units. Just down the block, 3317 Edgewood #1-4, (MLS# 224027634) owned by the same Sellers is also available for sale to make an 8-plex package if desired. Same floor plans with two duplex buildings sharing the lot, same set up as this listing. Total package of 8 units is priced at $1,400,000. Seller will look at all serious offers.

    Zillow last checked:

    Listing updated:

    Listed by:

    Janine Seibert 305-433-1911,

    John R. Wood Properties

    Bought with:

    Non-listing FGC MLS Non-Listing agent, 258029255

    FGC Non-MLS Office

    Source: Florida Gulf Coast MLS,MLS#: 224027627MLS LogoOriginating MLS: Florida Gulf Coast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Features
    • Flooring: Carpet, Tile
    • Windows: Single Hung
    Interior area
    • Total structure area: 3,524
    • Total interior livable area: 3,524 sqft

    Property

    Features
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Patio
    • Waterfront features: None
    Lot
    • Size: 0.27 Acres
    • Features: Rectangular Lot
    Details
    • Parcel number: 074425P303615.0120
    • Lease amount: $0
    • Zoning description: RS-7

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch,One Story,Duplex
    • Property subtype: Duplex, Quadruplex, Multi Family
    Materials
    • Block, Concrete, Stucco
    • Roof: Shingle
    Condition
    • Resale
    • Year built: 1976

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Non-Gated
    • Condo and coop fee: $0
    • Membership fee: $0
    • Subdivision: EDGEWOOD SUBD
    HOA
    • Amenities included: None
    Location
    • Region: Fort Myers

    Financial & listing details

    • Price per square foot: $165/sqft
    • Tax assessed value: $387,026
    • Annual tax amount: $5,244
    • Date on market: 3/26/2024
    • Cumulative days on market: 67 days
    • Listing terms: All Financing Considered,Cash
    • Tenant pays: Credit Check, Electricity, Security
    • Contingency: Inspection
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/30/2024Sold$580,000-17.1%$165/sqft
    Source: Florida Gulf Coast MLS #224027627 Report a problem
    4/23/2024Pending sale$700,000$199/sqft
    Source: SWFLMLS #224027627 Report a problem
    4/17/2024Price change$700,000-6.7%$199/sqft
    Source: SWFLMLS #224027627 Report a problem
    3/26/2024Listed for sale$750,000$213/sqft
    Source: SWFLMLS #224027627 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,572 +38.1%$387,026 +150.3%
    2024$6,208 +18.4%$154,635 +10%
    2023$5,244 +10.4%$140,577 +10%
    2022$4,751 +7.1%$127,797 +10%
    2021$4,436 +16.1%$116,179 +10%
    2020$3,820 +4.2%$105,617 -26.1%
    2019$3,666 $142,913 +1.1%
    2018$3,666 +2%$141,305 +1.1%
    2017$3,595 +12.8%$139,703 +73%
    2014$3,188 $80,773
    Find assessor info on the county website

    Neighborhood: 33916

    Nearby schools

    GreatSchools rating
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    $533,600
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    With Zillow Showcase(estimated)
    $544,272