16540 Bent Palms CvFort Myers, FL 33908

Property Details for 16540 Bent Palms Cv

Year built

2016

Lot size

9.25 AC

Property size (Sq ft)

84,390 SF

Property type

Apartment buildings

Description

This exceptional investment opportunity presents two Class A apartment communities in Fort Myers, Florida's desirable Iona neighborhood. Built in 2016 and 2017, the property comprises eight two-story buildings totaling 84,390 square feet on 9.25 acres. The 55 units consist of 39 two-bedroom/2.5-bathroom and 16 three-bedroom/2.5-bathroom residences. Each unit boasts condo-quality finishes, including high-end cabinets, granite or quartz countertops, stainless steel appliances, and laminate hardwood floors (first floor), tile (bathrooms), and carpet (bedrooms). Residents enjoy private screened-in patios, attached garages, and in-unit washers and dryers. Community amenities include an in-ground pool, ample green space, and a BBQ/picnic area. The property benefits from a prime location, offering convenient access to downtown Fort Myers, beaches, and major roadways like McGregor Boulevard and Summerlin Road. Separately metered utilities (tenant-paid electricity) contribute to efficient management. Current rents are below market, presenting a significant value-add potential in a highly sought-after area with strong demographics and a high average household income. The property's proximity to numerous colleges and universities further enhances its appeal. This is a rare opportunity to acquire a well-maintained, high-quality multifamily asset with substantial upside potential.

Location Insight

City

Fort Myers

County

Lee

State

Florida

Latitude

26.5033

Longitude

-81.9624

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