$365,000

648 Carolina Ave Fort Myers, FL 33905

$4,334
Closing credit¹
4 beds
2 full
0.3 acres
Multi-Family

Property details

About 648 Carolina Ave

"Mind-Blown: A 20-Year Income-Generating Property Ready for You!" What if I told you there’s a property that has been quietly generating income for over 20 years, and now, for the first time, it’s available for you to take over? 648 Carolina Way is more than just a duplex—it’s a proven, steady cash-flowing investment that’s been operating in a unique way for two decades. Now, let’s break it down. This property brings in a gross monthly income of $4,150, totaling $43,339 annually. Think about what you could do with that—cover expenses, reinvest, or start growing your portfolio. And with the price just reduced to $365K, your entry point is even more attractive. The seller, with retirement on the horizon, is ready to pass this opportunity on to someone who sees the value. This property has been a reliable income stream for years, and while there’s no guarantee of future performance—it’s up to you how you choose to run it—the potential is undeniable. You can add your own touch, enhance its value, and watch the returns grow. This is your chance to step into a cash-flowing investment with a track record of success. Isn't that what you want? Let’s talk about making 648 /650 Carolina Ave the cornerstone of your portfolio.

Highlights

Home typeDuplex
StatusActive
CoolingWindow Unit(s)
Lot size0.296 Acres
Year built1971
MLS #224096021

Summary

  • Full Bathrooms: 2
  • Flooring Type: Vinyl
  • Total Bedroom Count: 4
  • Private Pool: No
  • Waterfront: None
  • Exterior: None
  • Architectural Style: Duplex
  • Heating: None
  • Cooling: Window Unit(s)
  • List Price: $365,000
  • Annual Tax Amount: $1,715
  • Tax Year: 2023
  • Lot: Rectangular Lot
  • Directions: 648 Carolina Ave is situated in the Tice area of Fort Myers, Florida. The property is located between Glenwood Avenue and Tice Street, providing convenient access to major thoroughfares. To reach the property, you can take Glenwood Avenue from Palm Beach Boulevard (State Road 80) or Tice Street from Ortiz Avenue. These routes offer straightforward access to the property.
  • Year Built: 1971
  • Lot Size: 0.296 Acres
  • MLS Number: 224096021
  • MLS Name: SWFL
  • Office Name: RB Real Estate LLC
  • Office Phone: (239) 293-4544
  • Office Email: dan.oberski@trinitycre.com
  • Listing Agent: Nikijha Lynch

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 12:55:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade featuring a front yard

$365,000

648 Carolina Ave

$4,334

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$178,486$1,715
2022$143,370$1,079
2021$114,015$1,786
2020$101,747$1,786

History based on county public records data.

Nearby schools

4

Tice Elementary School

Public District KG-5

0.4 mi

4524 Tice St

4

Orange River Elementary School

Public District KG-5

1.1 mi

4501 Underwood Dr

3

James Stephens Elementary School

Public District KG-5

1.4 mi

1333 Marsh Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,286. Residents of Fort Myers, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

34%
<35k
58%
35k-100k
7%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

42%
Single, No Kids
19%
Single, with Kids
14%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
7%
12-17 yrs old
36%
18-34 yrs old
29%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Golden CorralGolden Corral

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Frequently asked questions

Living in Fort Myers, FL

Fort Myers' transportation network includes a public bus service with routes connecting key areas of the city, though schedules may vary. Ride-sharing services are readily available, offering a convenient alternative for residents and visitors. The city is also connected by major roads and highways, facilitating travel to nearby cities and attractions. Efforts to enhance walkability are evident in the downtown area, which is designed to be pedestrian-friendly, while bike lanes are also available in certain parts of the city.

The city is served by a range of educational institutions, including public and private schools that cater to various educational needs. Healthcare is well-supported with several hospitals offering a spectrum of services from emergency care to specialized treatments. The public library system is robust, providing residents with access to a wealth of knowledge and resources. Retail and dining options are plentiful, with an emphasis on seafood and local cuisine that mirrors the coastal lifestyle of the area.

Fort Myers is celebrated for its vibrant history and connection to the arts, with annual events like the Fort Myers Film Festival drawing cultural enthusiasts. The community prides itself on its scenic riverfront, historic downtown area, and the Edison and Ford Winter Estates, which reflect the city's rich heritage and attract visitors year-round.

Fort Myers' housing market showcases a blend of single-family homes, condominiums, and townhouses, with a noticeable presence of Mediterranean and ranch-style architecture. Single-family homes are prevalent, making up a significant portion of the market, while the condominiums and townhouses offer alternatives for those seeking a more maintenance-free lifestyle. The area has seen a steady increase in new developments, particularly gated communities that offer additional amenities.

About 648 Carolina Ave

This home is located at 648 Carolina Ave in Fort Myers, FL and zip code 33905. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $365,000.

Fort Myers, FL housing market in March 2025 saw over 26 listings sold above listed price, more than 62 sold at listed price and over 410 sold below. Between February and March 2025, Fort Myers, FL real estate market has seen increase in the number of listings by 8.2%. In March 2025, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $370,173.

From Rocket Homes Real Estate and based on county public records data.

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