Off MarketNeutral Deal5 days on market

1825 Fountain ST

1825 Fountain ST, FORT MYERS, FL 33916, Fort Myers, FL 33916

$198,000

Zestimate®:$283,200$85,200 Under Market

Listing Price

1825 Fountain ST, FORT MYERS, FL 33916

Loc: Fort Myers, FL

Days Listed

Tax Assessed

$260k

Zestimate®

$283k

30% Under Valued

Lot Size

0.29 acres

Rent Estimate

$1,871/mo

Est. Cash Flow base

Type

single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9

Safety Score

A+

Schools

Nearby Schools

Educational options and performance ratings in the area.

Franklin Park Elementary School

PK-5

0.6 mi away

Fort Myers Middle Academy

6-8

2.1 mi away

Dunbar High School

9-12

1.2 mi away

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

Single Family Residence1991CentralCeiling Fan(s), Central Air2 Attached Garage spaces0.29 Acres6 Days$104

Haven AI Verdict

Recommendation

Neutral

Confidence Score: 4/10

Exercise caution due to potential market volatility.

Cap Rate

6.53%

Total ROI

100.9%

Cash Flow

$51/mo

DSCR

1.05

Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $51/mo net cash flow with a 6.5% cap rate. Underwriting indicates neutral fundamentals for long-term hold.

Strengths

• Favorable cap rate profile (6.5%)
• Strong rental demand in Fort Myers

Considerations

• Verify historical operating expenses and local tax assessment
• Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

Date	Event	Price	Price/sqft
2026-04-28	Sold	$186,200	$97

Tax History

Year	Property Tax	Tax Assessment
2025	$4,928.85	$260,105
2024	$1,065.17	$50,531
2023	$1,024.34	$49,059
2022	$1,016.2	$47,630
2021	$988.15	$46,243
2020	$876.39	$45,605
2019	$853.34	$119,509
2018	$853.34	$43,749
2017	$846.33	$42,849
2016	$809.93	$72,924
2015	$773.71	$64,405
2014	$767.22	$53,400
2013	$665.47	$55,006
2012	$567.7	$50,595
2011	$546.58	$38,886
2010	$744.62	$58,786
2009	$684.82	$46,250
2008	$782.64	$184,940
2007	$764.89	$181,290
2006	$770.54	$140,640
2004	$762.09	$111,190
2003	$777.67	$112,390
2002	$541.85	$72,590
2000	$0	$44,110

Getzels Group

Haven Team

CalRE #01884947

Call / Text

818.535.5337

Property Specs

Beds

Baths

Sq Ft

1,912

Address-Level Value-Add Underwriting

ARV, Rehab & Maximum Allowable Offer (MAO)

Model contractor scopes, estimated after-repair value (ARV) projections, and determine your purchase price ceiling to protect target margins.

Estimated After-Repair Value (ARV) [estimated]Modeled value-add projection (+18% baseline) for 3b/2ba in Fort Myers

+18% vs. list

Rehab Budget & Scope (1,912 sq ft)$86,040

Institutional Acquisition Rule75% Rule

Maximum Allowable Offer (MAO)

$89,190

Calculated as (75% × $233,640) − $86,040

Asking Price is $108,810 (55.0%) Above MAO

To achieve your target margin of 25%, submit an initial counteroffer closer to $89,190 based on $86,040 in required updates.

Current Asking Price:$198,000

Estimated ARV:$233,640

Estimated Renovation:$86,040

All-In Capital Basis (MAO + Rehab):$175,230

Projected Equity Margin:+$58,410

Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Provenance:[Observed] List Price: $198,000[Observed] Rent: $1,871/mo[Estimated] Tax Rate: 0.98% (FL)[Estimated] Hazard Ins: $150/mo[Defaulted] Reserves: 23% OpEx Baseline

Haven ScoreNeutral

4/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)

6.53%

NOI: $12,939/yr

Cash-on-Cash Yield

1.3%

On $45,540 invested

DSCR Ratio

1.05x

Tight qualification