Cash-Flowing Investment Opportunity in Prime Fort Myers Location!
2-bedroom, 2-bath attached villa-style condo offering over 1,100 square feet of living space and immediate rental income. Ideally located in the heart of Fort Myers with convenient access to FGCU, shopping, dining, and major employment centers, making it highly attractive to tenants. This well-maintained end-unit features an updated kitchen and bathrooms, newer appliances, tile and laminate flooring throughout the living areas, and an in-unit washer and dryer. The spacious covered paver patio provides valuable outdoor living space that tenants love, while the fenced yard adds privacy, security, and convenience. Investors will appreciate the recent capital improvements, including a newer roof and driveway, helping minimize future maintenance expenses. Best of all, the property is currently tenant-occupied, allowing you to start generating income from day one with no vacancy downtime. With an annual cap rate of 8.63%, this property delivers strong cash flow and represents an excellent opportunity for investors seeking stable returns in one of Southwest Florida's most desirable rental markets. Immediate income, Strong cap rate, and Prime location! A rare opportunity to add a performing asset to your portfolio.
For sale by owner
$220,000
7263 Barragan Rd APT 1, Fort Myers, FL 33967
2beds
1,108sqft
Condo
Built in 1977
-- sqft lot
$-- Zestimate®
$199/sqft
$300/mo HOA
What's special
Newer appliancesIn-unit washer and dryerNewer roofSpacious covered paver patioUpdated kitchen
What the owner loves about this home
Large 2/2 with fenced yard and covered, paver patio. First floor villa style condo with low HOA fees. Recently updated with long term, excellent tenant. Perfect investment with 8.63% annual cap rate.
- 10 days |
- 252 |
- 4 |
Listed by:
Property Owner (239) 825-6487
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Laminate
- Has fireplace: No
Interior area
- Total interior livable area: 1,108 sqft
Property
Parking
- Total spaces: 2
Features
- Exterior features: Stucco, Cement / Concrete
- Has view: Yes
- View description: Water, City
- Has water view: Yes
- Water view: Water
Lot
- Size: 3,999 Square Feet
Details
- Parcel number: 17462521000000010
Construction
Type & style
- Home type: Condo
Materials
- Roof: Shake / Shingle
Condition
- New construction: No
- Year built: 1977
Community & HOA
Community
- Features: On Site Laundry Available
HOA
- Has HOA: Yes
- HOA fee: $300 monthly
Location
- Region: Fort Myers
Financial & listing details
- Price per square foot: $199/sqft
- Tax assessed value: $132,430
- Annual tax amount: $1,469
- Date on market: 6/13/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,751/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/13/2026 | Listed for sale | $220,000+74.5%$199/sqft |
Source: Owner Report a problem | ||
| 4/10/2025 | Listing removed | $2,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/24/2025 | Listed for rent | $2,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/19/2024 | Sold | $126,100+26.2%$114/sqft |
Source: Public Record Report a problem | ||
| 4/1/2016 | Sold | $99,900$90/sqft |
Source: | ||
| 11/24/2015 | Pending sale | $99,900$90/sqft |
Source: The New Home Spot Inc. #215058524 Report a problem | ||
| 10/22/2015 | Listed for sale | $99,900+149.8%$90/sqft |
Source: The New Home Spot Inc. #215058524 Report a problem | ||
| 7/10/2014 | Sold | $40,000-63.6%$36/sqft |
Source: Public Record Report a problem | ||
| 6/6/2009 | Listing removed | $109,900$99/sqft |
Source: Listhub #209008787 Report a problem | ||
| 5/24/2009 | Listed for sale | $109,900$99/sqft |
Source: Listhub #209008787 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,469 -42% | $121,889 -24.5% |
| 2024 | $2,533 +5.5% | $161,422 +8.3% |
| 2023 | $2,401 +166.8% | $149,000 +114.5% |
| 2022 | $900 +1.4% | $69,454 +3% |
| 2021 | $888 +4.7% | $67,431 +1.4% |
| 2020 | $848 -2.2% | $66,500 -12.4% |
| 2019 | $868 | $75,905 +19% |
| 2018 | $868 +3.9% | $63,793 -1.2% |
| 2017 | $835 -1.9% | $64,600 +9.7% |
| 2016 | $851 -27.9% | $58,893 -6.7% |
| 2015 | $1,179 -6.8% | $63,100 +6.6% |
| 2014 | $1,265 +20.5% | $59,200 +47% |
| 2013 | $1,050 +28.1% | $40,260 +10% |
| 2012 | $820 -18.4% | $36,600 -35.3% |
| 2011 | $1,004 +22.9% | $56,600 +67.5% |
| 2010 | $817 +132.6% | $33,800 -52.7% |
| 2009 | $351 +5.2% | $71,390 -24.9% |
| 2008 | $334 +4.6% | $95,000 -24.6% |
| 2007 | $319 -0.9% | $126,000 +29.9% |
| 2006 | $322 +21.2% | $97,000 +142.5% |
| 2004 | $266 -5.1% | $40,000 +14.3% |
| 2003 | $280 +4% | $35,000 +40% |
| 2002 | $269 | $25,000 +4.2% |
| 2000 | -- | $24,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: San Carlos Park
Nearby schools
GreatSchools rating
- 4/10San Carlos Park Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 8/10Three Oaks Middle SchoolGrades: 6-8Distance: 2.2 mi
- 4/10Estero High SchoolGrades: 9-12Distance: 4.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Lee County
- Fort Myers
- 33967
- San Carlos Park
- 7263 Barragan Rd Apartment 1









