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For sale by owner
  • $220,000

    7263 Barragan Rd APT 1, Fort Myers, FL 33967

    2beds
    1,108sqft
    : 
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    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
    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.
    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

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      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
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,751/mo

        Price history

        DateEventPrice
        6/13/2026Listed for sale$220,000+74.5%$199/sqft
        Source: Owner Report a problem
        4/10/2025Listing removed$2,000$2/sqft
        Source: Zillow Rentals Report a problem
        3/24/2025Listed for rent$2,000$2/sqft
        Source: Zillow Rentals Report a problem
        3/19/2024Sold$126,100+26.2%$114/sqft
        Source: Public Record Report a problem
        4/1/2016Sold$99,900$90/sqft
        Source: Florida Gulf Coast MLS #215058524 Report a problem
        11/24/2015Pending sale$99,900$90/sqft
        Source: The New Home Spot Inc. #215058524 Report a problem
        10/22/2015Listed for sale$99,900+149.8%$90/sqft
        Source: The New Home Spot Inc. #215058524 Report a problem
        7/10/2014Sold$40,000-63.6%$36/sqft
        Source: Public Record Report a problem
        6/6/2009Listing removed$109,900$99/sqft
        Source: Listhub #209008787 Report a problem
        5/24/2009Listed for sale$109,900$99/sqft
        Source: Listhub #209008787 Report a problem

        Public tax history

        YearProperty taxesTax 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

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          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.
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          Climate risks

          Neighborhood: San Carlos Park

          Getting around

          39 / 100
          Car-Dependent
          56 / 100
          Bikeable

          Nearby schools

          GreatSchools rating

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