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9890 Orange River Blvd, Fort Myers, FL, 33905

6beds
5baths
1,762sqft
$299,000
$170price/sqft
$2,204/moest. monthly cost
$88,160/yrincome needed

About This Home

**Investor's Dream – Income-Producing Multi-Unit Property!** Exceptional investment opportunity featuring **five residential units** on one property with immediate cash flow. Currently generating **$4,850 per month** in rental income, this unique property includes **four manufactured homes** and **one CBS block home**, creating multiple income streams and strong rental demand. The property also features a **40' x 18' concrete pad**, **two electrical meters**, and infrastructure already in place with **water and electric available for two additional RV sites**. With the appropriate county approvals and permitting, a new owner may have the opportunity to add RV rentals for additional income. An added bonus is the opportunity to assume an existing **private mortgage** (subject to lender approval and terms), offering a potentially attractive financing option for qualified buyers. Whether you're looking to expand your investment portfolio or own a property with immediate income and future upside, this is an opportunity you won't want to miss! Agents please see confidential remarks for showing information.

Getting Around

12
WalkingCar-Dependent
0
TransitVery Limited Transit
50
BikeBikeable

Schools

3/10
Manatee Elementary SchoolGrades PK-50.7 mi
3/10
4/10
Riverdale High SchoolGrades 9-124.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1955

Materials

  • Roof: Metal
  • Construction materials: Modular/Prefab,Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: None,Other
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • None,Other,None
  • Window features: Other
  • Flooring: Other

Heating & Cooling

  • Heating features: None
  • Cooling features: Central Air,Electric,Wall Unit(s)

Interior Area

  • Total structure area: 1,762
  • Total interior livable area: 1,762 sqft

Property

Details

  • Parcel number: 0344250100053.0000
  • Lease amount: 0
  • Zoning description: MH-1

Features

  • Exterior features: None
  • Has view: Yes
  • View description: Trees/Woods
  • Waterfront features: None

Lot

  • Lot size: 0.32 Acres
  • Features: Oversized Lot
  • Lot size dimensions: 148 x 96 x 146 x 98

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Coastal Flooding
Tsunami

FEMA Declared Disasters in Lee County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,511$18,132
Home Insurance *$243$2,916
Property Taxes $253$3,036
Electricity $197$2,366
Total$2,204$26,448
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$75,565/yr
40% on housing$66,120/yr
45% on housing$58,773/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.2%
15.2%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$170This listing

vs Other Active Listings

Avg $/sqft

ZIP 33905$176
Lee County$283

vs Homes Sold Last Month

Median $/sqft

ZIP 33905$194
Lee County$222

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-03Listed for sale$299,000
2025-08-29Sold$191,000
2024-02-20Listing removed--
2024-02-13Listed for sale$269,899
2023-12-11Sold$50,000
2001-03-05Sold$27,500
1995-06-12Sold$22,500

For Sale by Agent

AgentAshley Humphries
BrokerageRefuge Realty

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