Downtown Fort Myers, Florida Renovated Duplex Unique Buying Opportunity at $50,000 or Less

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Zen Real Estate alerts cash flow investment buyers or retiree buyers in Southwest Florida of an opportunity to purchase a renovated duplex within walking distance of the historic River District, Fort Myers, Florida at a cash flow price with equity potential.

Location is everything and a house that could probably be purchased for well under $50,000, that could be made very attractive for relatively little money and is within strolling distance to the newly revitalized, historic downtown River District in Fort Myers, Florida is a rear find. Zen Real Estate (http://www.AskZenRealEstate.com) Broker Robin Speronis alerts buyers of a renovated duplex house that both a rare cash flow and equity opportunity exist in Fort Myers, Florida.

“The River District in Fort Myers, Florida is destined to become a lifestyle destination where people live, work and are entertained. There is an openness and energy that permeates the River District, which is a stroll to many restaurants, art galleries and nightlife.” states Robin Speronis, expert and insider on Southwest Florida real estate. Speronis goes on to say, ”It would be so easy to find a single young professional to rent either side of such a duplex. A young lawyer that is just out of law school and is working downtown at the seat of the Lee County Government and likes the idea of being close to the social life of downtown Fort Myers, Florida would be a likely tenant.”

There are all new windows and doors as of 2004 in this duplex that was built in 1972. The construction is concrete block and both sides are 2 bedrooms, 1 bath and 1,141 square feet, have newer tile in the living areas and carpet in the bedrooms. One side has an updated kitchen and the other side has the original kitchen. The house is on a fenced corner lot with a circular drive so there is plenty of parking. There are other duplexes and homes in the area that appear to be in good shape.

As did other cites across the nation, Fort Myers’ downtown lost its popularity as people moved to the suburbs prior to September 2001. Today there is a movement to be more connected. In 2002 an urban planning firm, Duany Plater-Zyberk & Company (the same company that revitalized West Palm Beach and Naples, Florida downtowns) was hired by the Downtown Redevelopment Agency in an effort to revitalize the city’s core. There are still many undervalued properties in the downtown Fort Myers, Florida neighborhood and many buying opportunities.

The website http://www.AskZenRealEstate.com has details and pictures on this duplex in Fort Myers, Florida. Broker Robin Speronis is also available to answer questions on this property as well as other properties in Southwest Florida through an integrated chat feature on the website.

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Robin Speronis