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Lee County · Fort Myers, FL 33916

Historic Dean Park Value-Add | 2,500 Sqft Fort Myers Restoration Play

$310,000
3
Beds
3
Baths
2,340
Sq ft
1924
Year built
77% ARV upside$260,000 gross margin

About this property

Call/Text Chris with HomeCove at (561) 571-9049 to submit your offer. Assignment deal. Buyer to use our title company. Proof of funds required with all offers. Property Overview Rare value-add opportunity in the historic Dean Park district of Fort Myers. Property is reportedly around 2,500 sqft, giving an investor a strong basis in one of Fort Myers’ most character-driven historic neighborhoods. This is a renovation/restoration play with upside for an experienced buyer who can preserve the historic charm, improve the layout, and bring the property up to modern retail standards. Same-street renovated comps support strong resale potential, especially if finished as a functional 3/2, 4/2, or better layout. Asking Price: $290,000 OBOProjected ARV: $500,000-$550,000Estimated Repairs: $75,000+ Property Highlights Historic Dean Park locationReported approximately 2,500 sqftStrong same-street comp supportRare larger footprint for the pocketIdeal for experienced historic-home renovatorPotential resale upside into the $500K-$550K rangeBuyer enters below 60% of projected ARV before renovation Repair Notes Buyer should underwrite this as a historic renovation. Estimated repairs are approximately $75K+, depending on final scope, systems, and finish level. Recommended scope may include: Full interior renovation Kitchen and bathroom updates Flooring and paint Roof verification HVAC verification Electrical and plumbing review Foundation/crawlspace inspectionWood rot/termite inspection Window/impact-window reviewLayout improvements if feasibleExterior restoration and curb appeal At the $290K asking price, this works best for a buyer who can keep renovation close to $75K and deliver a strong retail finish. ARV Guidance Projected ARV is estimated around $500K-$550K based on the reported 2,500 sqft, Dean Park location, and same-street renovated comp support. Upside may exceed this if the property has strong layout, quality finishes, restored historic character, and clean curb appeal. Comp Support 2747 Providence St, Fort Myers, FLSold: $495,000Beds/Baths: 4 bed / 3 bathSize: 2,678 sqftNotes: Best same-street comp for a larger renovated Dean Park historic home. 2728 Providence St, Fort Myers, FLSold: $325,000Beds/Baths: 3 bed / 2 bathSize: 1,840 sqftNotes: Same-street comp, smaller than subject, supports renovated Providence Street resale demand. 2773 Providence St, Fort Myers, FLSold: $330,000Beds/Baths: 4 bed / 2 bathSize: 2,016 sqftNotes: Same-street comp, supports upside after renovation. Also listed around $549,000 after improvements. 2635 Michigan Ave, Fort Myers, FLListed: $430,000Beds/Baths: 3 bed / 2 bathSize: 1,039 sqftNotes: Smaller updated Dean Park bungalow showing strong buyer demand and high price-per-sqft support in the neighborhood. Projected ARV for 2644 Providence St: $500,000-$550,000. This is a rare Dean Park historic restoration play with size, location, and upside. Bring your contractor, verify the scope, and make your strongest offer. Call/Text Chris with HomeCove at (561) 571-9049 to submit your offer. Assignment deal. Buyer to use our title company. Proof of funds required with all offers.

Property snapshot

Layout3 Bed / 3 Bath
Living area2,340 sq ft
Lot size0 sq ft
Year built1924
Property typeCommercial
CountyLee County

Deal details

Asking price$310,000
ARV estimate$550,000
Spread77% upside
Gross margin$260,000
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
(754) 333-0132office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$310K
ARV est.
$550K
Spread
77%
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Ms. Meriam
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