17364/366 Dowling Drive Unit 366, Fort Myers, FL 33967

Property Description

Exceptional Income-Producing Duplex in the Heart of San Carlos Park! One of the best investment values currently available in San Carlos Park, this outstanding income-producing property offers immediate cash flow, long-term appreciation potential, and incredible flexibility in one of Fort Myers' most sought-after rental markets. This well-maintained duplex features 2 bedrooms and 1.5 bathrooms on each side, with both units currently occupied, generating immediate rental income. Each tenant pays $1,400 per month, has a security deposit in place, and is on month-to-month leases, providing the new owner the flexibility to continue leasing, adjust rents to market value, occupy one unit while renting the other, or tailor the property to future investment goals. A major value-added feature is the brand-new roof installed in June 2026, offering peace of mind and minimizing future maintenance expenses. Each unit features tile flooring throughout, its own A/C wall unit, and a private screened lanai, creating comfortable, low-maintenance living spaces that appeal to long-term tenants. With NO HOA and NO rental restrictions, this turnkey income-producing property is ideal for seasoned investors, first-time investors, or buyers completing a 1031 Exchange. The property's desirable location in San Carlos Park continues to attract strong rental demand thanks to its close proximity to Florida Gulf Coast University (FGCU), Gulf Coast Town Center, Miromar Outlets, Coconut Point Mall, Hertz Arena, Southwest Florida International Airport (RSW), I-75, US-41, world-class dining, shopping, entertainment, healthcare, and Southwest Florida's beautiful Gulf beaches. Whether you're looking to expand your real estate portfolio, secure a cash-flowing investment, or capitalize on future rental growth, this property offers exceptional value. The existing month-to-month leases provide immediate income while presenting the opportunity to increase rents over time as market conditions allow. Opportunities to own a multi-family investment property in this high-demand location are becoming increasingly rare! Don't miss your chance to own this exceptional Fort Myers duplex! AGENTS PLEASE SEE CONFIDENTIAL REMARKS FOR SHOWING INSTRUCTIONS.