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Lee County · Cape Coral, FL 33909

Fix and Flip Opportunity in Cape Coral, FL

$209,000
3
Beds
2
Baths
1,288
Sq ft
1985
Year built
$141K spread

About this property

3 Bed / 2 Bath / 1,288 SF / SFHCape Coral, FL - 10,410 SF Lot

Summary

Vacant 3/2 single-family home in a solid Cape Coral rental area. Property is currently livable and offers a straightforward rental opportunity with light overall condition. It's also a great fix and flip potential. Roof is brand new.

Why This Deal Stands Out

Investor-friendly rental play or fix and flip purchase well below list price. Easy rental exit and a strong opportunity to add value with updates.

Repair Notes and Estimate

Roof is brand new. Kitchen and interior paint are dated, bathrooms need attention, and exterior siding appears older. Pool needs repair. Driveway/walkways are in good condition, with no reported water damage or foundation issues. HVAC and water heater condition need to be evaluated by buyer.

COMPS

  • 121 NE 10TH AVE, 3 bd | 2 ba | 1,353 sqft | 0.23 acres lot | 1986, $355,000/ Sold Partial ARV (11/29/2024)
  • 117 NE 9TH PL, 3 bd | 2 ba | 1,205 sqft | 0.23 acres lot | 2003, $295,000/ Sold Partial ARV (3/4/2025)
  • 118 NE 9TH CT, 3 bd | 2 ba | 1,283 sqft | 0.24 acres lot | 2002, $300,000/ Sold Partial ARV (2/9/2026)
  • 205 NE 9TH CT, 3 bd | 2 ba | 1,305 sqft | 0.23 acres lot | 1987, $239,000/ Sold AS-IS (3/5/2026)
  • Max Dier

Property snapshot

Layout3 Bed / 2 Bath
Living area1,288 sq ft
Year built1985
Property typeLand
CountyLee County

Deal details

Asking price$209,000
ARV estimate$350,000
Spread (ARV − asking)$141,000
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$209K
ARV est.
$350K
Spread
$141K
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Ms. Meriam
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