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About this home
9890 Orange River Blvd is a 1955-built home in Terry Tice & Vanderwalker, Fort Myers. Inside you'll find 8 bedrooms, 4 bathrooms, and 1,762 square feet of living space. Listed at $289,000 (about $164/sqft), 72 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
**Investor's Dream – Income-Producing Multi-Unit Property!** Exceptional investment opportunity featuring **five residential units** on one property with immediate cash flow. Currently generating **$4,850 a month** in rental income, this unique property includes **four manufactured homes** and **one CBS block home**, creating multiple income streams and strong rental demand. The property also features a **40' x 18' concrete pad**, **two electrical meters**, and infrastructure already in place with **water and electric available for two additional RV sites**. With the appropriate county approvals and permitting, a new owner may have the opportunity to add RV rentals for additional income. An added bonus is the opportunity to assume an existing **private mortgage** (subject to lender approval and terms), offering a potentially attractive financing option for qualified buyers. Whether you're looking to expand your investment portfolio or own a property with immediate income and future upside, this is an opportunity you won't want to miss! Agents please see confidential remarks for showing information.
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The essentials
At a glance
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Details
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
Market insights
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Sample: 15 closed home sales in 33905 over the last 8 months, Stellar MLS. A small sample in a thin market. A starting point, not a guarantee.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$289,000
$164 per sq ft
Beds and baths
8 beds, 4 baths
Size
1,762 sq ft
Time on market
72 days
Year built
1955
Monthly payment
About $1,768/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,395 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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