720, 722, 734, 740 Veronica S Shoemaker BLVD
Fort Myers, FL 33916
- – beds
- 16 baths
- – sqft
- 7,700 sqft lot
- 2025 build
- – on site
An exceptional opportunity awaits investors looking to secure a PORTFOLIO OF FOUR BRAND NEW DUPLEXES located on SIDE-BY-SIDE LOTS in the rapidly growing FORT MYERS market. With one DUPLEX completed and already on the market, this package offers immediate and future INCOME POTENTIAL, making it ideal for investors focused on CASH FLOW, APPRECIATION, or 1031 EXCHANGE STRATEGIES. Each duplex contains TWO UNITS with projected monthly rents of $2,200 PER UNIT, offering a total estimated GROSS INCOME OF $211,200 ANNUALLY once all four buildings are completed and leased. With STRONG RENTAL DEMAND and LOW VACANCY RATES in the area, this portfolio provides the rare chance to acquire EIGHT INCOME-PRODUCING UNITS in a single transaction—fully NEW CONSTRUCTION, which translates to LOW MAINTENANCE COSTS and MAXIMIZED ROI. This is perfect for buyers seeking to EXPAND THEIR MULTIFAMILY HOLDINGS with properties in a CENTRALLY LOCATED, HIGH-DEMAND RENTAL AREA. Whether you're a seasoned investor or new to the multifamily space, this offering presents a SCALABLE, TURNKEY OPPORTUNITY with upside. Reach out for full details, rental projections, and timeline for completion.
Last checked:
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Last updated Mar 27, 2025
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MLS# 225031847 —
This property is listed in more than one place. See it here.
The Building
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Year Built:2025
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Construction:concrete block
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Building Design:Duplex
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Building Description:duplex
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Roof:shingle
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Windows:Impact Resistant
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Exterior Finish:stucco
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Elevator:none
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Units in Building:8
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Unit Total SqFt:9040
Interior
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Flooring:vinyl
Financial & Terms
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Potential Short Sale:No
Location
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Latitude:26.662364
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Longitude:-81.840690
The Property
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Property Type:Residential Income
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Property Information:An exceptional opportunity awaits investors looking to secure a PORTFOLIO OF FOUR BRAND NEW DUPLEXES located on SIDE-BY-SIDE LOTS in the rapidly growing FORT MYERS market. With one DUPLEX completed and already on the market, this package offers immediate and future INCOME POTENTIAL, making it ideal for investors focused on CASH FLOW, APPRECIATION, or 1031 EXCHANGE STRATEGIES. Each duplex contains TWO UNITS with projected monthly rents of $2,200 PER UNIT, offering a total estimated GROSS INCOME OF $211,200 ANNUALLY once all four buildings are completed and leased. With STRONG RENTAL DEMAND and LOW VACANCY RATES in the area, this portfolio provides the rare chance to acquire EIGHT INCOME-PRODUCING UNITS in a single transaction—fully NEW CONSTRUCTION, which translates to LOW MAINTENANCE COSTS and MAXIMIZED ROI. This is perfect for buyers seeking to EXPAND THEIR MULTIFAMILY HOLDINGS with properties in a CENTRALLY LOCATED, HIGH-DEMAND RENTAL AREA. Whether you're a seasoned investor or new to the multifamily space, this offering presents a SCALABLE, TURNKEY OPPORTUNITY with upside. Reach out for full details, rental projections, and timeline for completion.
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Lot Description:regular
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Lot Unit:4
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Lot Back:55
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Lot Frontage (ft):55
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Lot Left:140
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Lot Right:140
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0.1954Acres:
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Exterior Features:none
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Road:paved road, public road
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Irrigation:none
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Private Pool:No
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Private Spa:No
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Boat Access:none
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Waterfront:No
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Waterfront Description:none
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Gulf Access:No
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Source of Measure Lot Dimensions:Property Appraiser Office
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Source of Measurements:Property Appraiser Office
Listing Agent
- Contact info:
- Agent phone:
- (239) 269-6162
- Office phone:
- (239) 269-6162
Taxes
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Tax Year:2023
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Taxes:$634.88
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Taxes:city and county
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Tax District Type:Not Applicable
Beds
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24Total Bedrooms:
Baths
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16.00Total Baths:
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16Full Baths:
The Listing
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Flood Insurance:No
Heating & Cooling
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Heat:central electric
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Cooling:central electric
Utilities
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Water:central
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Sewer:central
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Cable Available:Yes
Appliances
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Range:25
The Community
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Development:FORT MYERS
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Development Name:FORT MYERS
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Community Type:non-gated
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Amenities:none
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Pets:no approval needed
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/27/25
Mar 27, 2025
|
Listed / Active | SWFLMLS | $2,100,000 |