For SaleNeutral Deal3 days on market
1640 N Flossmoor Rd
1640 N Flossmoor Rd, Fort Myers, FL 33919, Fort Myers, FL 33919
$425,000
Estimate®:$404,400
Listing Price
1640 N Flossmoor Rd, Fort Myers, FL 33919
Loc: Fort Myers, FL
Days Listed
3
Tax Assessed
$383k
Estimate®
$404k
Market Rate
Lot Size
9,365 sqft
Rent Estimate
$3,899/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.
5
Villas Elementary School
PK-5
2.4 mi away
7
Cypress Lake Middle School
6-8
0.8 mi away
5
Cypress Lake High School
9-12
0.7 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 Residence1972Central, ElectricCentral Air, Electric2 Attached Garage spaces9,365 sqft3 Days$312
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
6.99%
Total ROI
110.8%
Cash Flow
$271/mo
DSCR
1.12
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $271/mo net cash flow with a 7.0% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (7.0%)
- • 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 |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $425,000 | $312 |
| 2026-07-03 | Listing removed | $4,000 | $3 |
| 2026-05-25 | Listed for rent | $4,000 | $3 |
| 2023-07-17 | Sold | $352,000 | $259 |
| 2023-06-03 | Pending sale | $360,000 | $265 |
| 2023-05-26 | Price change | $360,000 | $265 |
| 2023-05-06 | Price change | $395,000 | $290 |
| 2023-04-27 | Listed for sale | $410,000 | $301 |
| 2018-12-28 | Sold | $229,900 | $169 |
| 2018-11-17 | Pending sale | $229,900 | $169 |
| 2018-07-21 | Price change | $229,900 | $169 |
| 2018-05-29 | Listed for sale | $219,900 | $162 |
| 2004-09-27 | Sold | $185,000 | $136 |
| 2001-10-30 | Sold | $131,500 | $97 |
| 1998-09-23 | Sold | $102,500 | $75 |
| 1996-09-04 | Sold | $92,500 | $68 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,167.41 | $326,942 |
| 2024 | $4,366.04 | $293,493 |
| 2023 | $2,407.59 | $196,398 |
| 2022 | $2,526.09 | $190,678 |
| 2021 | $2,467.61 | $185,124 |
| 2020 | $2,456.46 | $182,568 |
| 2019 | $2,424.94 | $178,463 |
| 2018 | $2,424.94 | $188,149 |
| 2017 | $2,812.16 | $172,807 |
| 2016 | $2,812.16 | $177,913 |
| 2015 | $2,768.84 | $139,995 |
| 2014 | $2,431.9 | $133,610 |
| 2013 | $2,284.91 | $110,298 |
| 2012 | $1,826.77 | $99,691 |
| 2011 | $1,959.73 | $105,103 |
| 2010 | $2,062.28 | $108,059 |
| 2009 | $2,086.69 | $114,130 |
| 2008 | $2,691.56 | $161,380 |
| 2007 | $3,675.59 | $222,520 |
| 2006 | $3,662.08 | $210,880 |
| 2004 | $1,790.76 | $121,030 |
| 2003 | $1,836.22 | $118,570 |
| 2002 | $1,759.98 | $102,710 |
| 2000 | $0 | $78,630 |
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