Seller financing is also available with 20% down. Prime Investment Opportunity in a great location with high rental demand. This well-maintained 1 bedroom, 1 bathroom condo offers a spacious living room, open dining and kitchen layout, tile flooring throughout, and a screened lanai perfect for added outdoor living space. The community provides a pool and common laundry, enhancing rental appeal and long-term tenant retention. This property is already tenant-occupied through November 2026, offering instant and stable rental income with no downtime between tenants. Low maintenance features and dependable occupancy make this an exceptionally strong, turnkey rental property for any investor looking to expand or start a portfolio. Professional property management is available upon request, making this a hands-off, worry-free investment in a centrally located community with consistent rental demand.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- EatInKitchen
- TubShower
- Flooring: Tile
- Window Features: SingleHung, Sliding
Appliances
- Range
- Refrigerator
- Laundry Features: CommonArea
Heating and Cooling
- Cooling Features: CentralAir, CeilingFans, Electric
- Ceiling Fans: Yes
Pool and Spa
Land Info
- Land Lease Expiration Date: 2026-11-30
- Lot Description: IrregularLot
- Lot Dimensions Source: Appraiser
- Lot Size Acres: 0.1144
- Lot Size Source: Appraiser
- Lot Size Square Feet: 4983
Homeowners Association
- Association: Yes
- Association Amenities: Laundry, Pool, Management
- Association Fee: 283
- Association Fee Frequency: Annually
- Association Fee Includes: LegalAccounting, MaintenanceGrounds, Trash
- Calculated Total Monthly Association Fees: 283
- Association Phone: 2397475418
- Senior Community: No
Multi-Unit Info
- Number of Units In Community: 16
Amenities and Community Features
- Community Features: CondoHotelCommunity, NearHotelMotel
Other Property Info
- Auction: Yes
- Annual Tax Amount: 1778
- Tax Block: 100
- Source Listing Status: Active
- County: Lee
- Tax Year: 2024
- Restrictions: DeedRestrictions
- Ownership: Condo
- Source Property Type: Residential
- Area: FM02 - Fort Myers Area
- List Development Name: COLONIAL WEST CONDO
- Property Subtype: condo
- Source Neighborhood: COLONIAL WEST CONDO
- Ownership Type: Condominium
- Parcel Number: 02-45-24-P1-00100.1340
- Postal City: Fort Myers
- Public Survey Range: 24E
- Public Survey Section: 02
- Public Survey Township: 45
- Subdivision: COLONIAL WEST CONDO
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 708
- Year Built: 1972
- Building Area Source: Appraiser
- Building Area Total: 708
- Construction Materials: Block, Concrete, Stucco
- Direction Faces: South
- Entry Level: 1
- Living Area Source: Appraiser
- Property Age: 54
- Property Condition: Resale
- Roof: Metal
- Building Total Stories: 2
- Structure Type: LowRise
- Architectural Style: LowRise
Utilities
- Sewer: PublicSewer
- CableAvailable
- Water Source: Public
