For SaleRisky Deal0 days on market
2797 1st ST #2101
2797 1st ST #2101, FORT MYERS, FL 33916, Fort Myers, FL 33916
$1,075,000
Listing Price
2797 1st ST #2101, FORT MYERS, FL 33916
Loc: Fort Myers, FL
Days Listed
0
Tax Assessed
$1008k
Lot Size
0.31 acres
Type
condo
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
Edgewood Academy
PK-5
1.1 mi away
2
Fort Myers Middle Academy
6-8
2.3 mi away
6
Fort Myers High School
9-12
2.1 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
luxury high-risecoastal architecturewaterfront propertystucco exteriorbalconiesresort-stylelandscaped groundspalm treesgated communitymultistory residentialtropical aestheticmodern condominiumparking structurewaterview
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.87%
Total ROI
86.5%
Cash Flow
$-317/mo
DSCR
0.94
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-317/mo net cash flow with a 5.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.9%)
- • 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 |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $1,075,000 | $333 |
| 2026-05-27 | Listing removed | $1,075,000 | $333 |
| 2026-03-27 | Listed for sale | $1,075,000 | $333 |
| 2023-03-01 | Sold | $910,000 | $282 |
| 2023-02-05 | Pending sale | $999,900 | $310 |
| 2023-01-03 | Listed for sale | $999,900 | $310 |
| 2022-09-11 | Listing removed | $0 | – |
| 2022-08-26 | Listed for sale | $1,250,000 | $387 |
| 2022-07-14 | Listing removed | $0 | – |
| 2022-07-11 | Listed for sale | $1,250,000 | $387 |
| 2021-04-14 | Sold | $675,000 | $209 |
| 2020-05-07 | Price change | $749,900 | $232 |
| 2020-02-28 | Price change | $929,000 | $288 |
| 2020-02-11 | Price change | $934,000 | $289 |
| 2020-02-04 | Price change | $944,000 | $292 |
| 2020-01-16 | Price change | $949,000 | $294 |
| 2019-12-30 | Price change | $954,000 | $295 |
| 2019-12-10 | Price change | $959,000 | $297 |
| 2019-11-26 | Price change | $964,000 | $299 |
| 2019-11-02 | Listed for sale | $969,000 | $300 |
| 2019-07-02 | Listing removed | $969,900 | $300 |
| 2019-03-23 | Listing removed | $2,900 | $1 |
| 2019-02-27 | Listed for rent | $2,900 | $1 |
| 2019-02-26 | Price change | $969,900 | $300 |
| 2019-01-31 | Price change | $979,900 | $303 |
| 2018-12-20 | Listed for sale | $989,900 | $307 |
| 2015-07-22 | Sold | $915,000 | $283 |
| 2008-07-17 | Sold | $486,000 | $151 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $16,266.09 | $951,821 |
| 2024 | $14,555.79 | $865,292 |
| 2023 | $13,565.01 | $707,299 |
| 2022 | $11,375.4 | $642,999 |
| 2021 | $8,230.04 | $435,680 |
| 2020 | $8,525.24 | $439,280 |
| 2019 | $8,715.68 | $440,088 |
| 2018 | $8,715.68 | $440,088 |
| 2017 | $8,926.36 | $318,525 |
| 2016 | $5,833.69 | $448,238 |
| 2015 | $5,810.84 | $402,300 |
| 2014 | $8,278.41 | $442,900 |
| 2013 | $8,112.17 | $307,200 |
| 2012 | $7,310.36 | $362,000 |
| 2011 | $6,742.76 | $342,900 |
| 2010 | $5,889.62 | $268,900 |
| 2009 | $8,529.22 | $420,380 |
| 2008 | $15,465.8 | $799,850 |
| 2007 | $18,611 | $1,000,000 |
| 2006 | $19,641.7 | $1,000,000 |
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