Save Property
Investor Special in the heart of Fort Myers – Prime Value-Add Opportunity Near Downtown Fort Myers! Don’t miss this high-upside 3-bedroom, 2-bathroom property located at 2656 Dr Ella Piper Way, offering an exceptional fix-and-flip or buy-and-hold opportunity with strong margins and increasing demand in one of Southwest Florida’s most active investment corridors. Positioned on an oversized 0.258-acre (quarter+ acre) lot, this 1,008 sq ft home presents a rare combination of affordability, lot size, and proximity to lifestyle amenities that today’s end buyers and renters are actively seeking.
This property features a functional and efficient layout with excellent bones, making it an ideal candidate for a light to moderate renovation project. With an estimated rehab budget of approximately $40,000, investors can unlock a projected After Repair Value (ARV) of up to $300,000, creating a compelling spread and strong return on investment. Whether you’re looking to renovate and resell quickly or hold as a cash-flowing rental, the numbers and location support multiple exit strategies.
Located just minutes from the vibrant River District, you’re within walking or short driving distance to popular bars, restaurants, entertainment, and cultural attractions that define the appeal of Downtown Fort Myers. This walkable lifestyle factor significantly boosts resale desirability and rental demand. The surrounding area continues to see consistent revitalization, investor activity, and appreciation trends, making this a strategic acquisition in a growing market.
The expansive lot offers additional flexibility for enhancements such as outdoor living spaces, potential additions, or simply increased privacy and curb appeal—features that today’s buyers value and are willing to pay a premium for. Easy access to major roadways allows for convenient commuting throughout Fort Myers and neighboring areas, further strengthening the property’s marketability.
Offered at $179,990 this opportunity is priced to move and attract serious investors looking for their next profitable project in a high-demand location. Properties with this combination of price point, lot size, and proximity to downtown amenities are becoming increasingly scarce.
Act fast—opportunities like this in Fort Myers don’t last. Secure your next deal with strong upside potential in a market that continues to perform.
Property Details
Price: $179,990
Sq Ft: 1,008
($179 per
sqft)
Bedrooms: 3
Bathrooms: 2
City: Fort Myers
County: Lee
Type: Single Family
Development: Fort Myers
Acres: 0.2610
Year Built: 1991
Listing Number: 226017691
Status Code: A-Active
Taxes: $2,860.47
Tax Year: 2025
Garage:
Furnishings: Unfurnished
Pets Allowed: Yes
Interior Features:
Other
Amenities:
None
Financial Information:
Taxes: $2,860.47
Tax Year: 2025
Equipment:
None
View:
Y
Additional Information:
Building Description: Ranch, Single Family
Community Type: Non- Gated
MLS Area: Fort Myers
Total Square Footage: 1,008
Total Floors: 1
Water: Central
Construction: Concrete Block, Stucco
Date Listed: 2026-05-01 00:00:00
Furnished: Unfurnished
Parking: Attached Carport
Flooring: Tile
Roof: Tile
Heating: Central Electric
Cooling: Ceiling Fan(S)
Storm Protection: None
Irrigation: Other
Pets: Yes
Restrictions: None
Maintenance: Other
Rear Exposure: Sw
Lot Desc.: Oversize
Amenities: None
Map of 2656 Dr Ella Piper Way, Fort Myers, FL 33916
Listing Courtesy Of: Realty One Group Mvp
loukas@loukasmasouras.com