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About This Home
This 3-bedroom, 2-bathroom single family at 2656 Dr Ella Piper Way in Fort Myers, FL is listed for $174,990 ($174 per sqft). Built in 1991, the home offers 1,008 sqft of living space on a 0.26 acres lot.
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 $174,990 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.
Key Features
- Built in 1991
- 0.26 acre lot
- 1 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$936/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2656 Dr Ella Piper Way
Fort Myers, FL 33916
FORT MYERS
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 2-bathroom single family at 2656 Dr Ella Piper Way is listed at $174,990 ($174/sqft). The estimated monthly payment is $758 based on 20% down at 6.5% interest.
Key features include: Built in 1991, 0.26 acre lot, 1 parking spaces.
This property is listed by Loukas Masouras and can be reached at 2392727330 or Loukas@LoukasMasouras.com.








