919 SE 5th Pl., Cape Coral, FL 33990

THIS IS A SHORT SALE: This is a Handyman special, home is in need of major repairs and is priced according to repairs needed. This house is one of the cheapest houses per square foot in the best and most desirable location in the South East of Cape Coral. Don't miss out on this great investment property. It is a bargain!!! This roomy 2 bedrooms 2 baths home is in need of TLC. It is conveniently located close to Veterans Memorial Pkwy, Pine Island Rd, Santa Barbara and Del Prado Blvd, for easy access to Ft. Myers' Downtown and SW FL airport. This great neighborhood is near great schools, beaches, restaurants, hospital, and shopping centers. Because of the location, this house may rent very well and quickly from $900 to $1,000 a month, resulting in an annual gross return of 10%. IT IS MY UNDERSTANDING THAT THIS HOUSE NEEDS NEW ROOF, NEW BATHROOM, NEW FLOORS AND NEW KITCHEN. DUE TO THE CONDITIONS OF THE PROPERTY, THIS HOUSE DOES NOT MEET THE CRITERIA FOR AN FHA LOAN.