14919/921 Wise Way, Apt 921 $450,000

This is the kind of income property that almost never comes up. A well-maintained duplex on a deep-water canal with true sailboat access to the Caloosahatchee River and the Gulf of America — no bridges between you and open water. About five minutes by boat to the river, with lots of room for a boat dock. Both sides are identically laid out and look the same. Each offers approximately 977 square feet with 2 large bedrooms, 2 full baths, tile throughout, a spacious kitchen, a spacious 1-car garage with room to park an F-150 or GMC Sierra, and a screened lanai looking out over the canal. The right side is currently owner-occupied. The left side is a rental. Major updates are already behind you. A new roof, interior remodel, plumbing, and new impact windows and doors — including the front doors and garage doors — were completed in 2022. Both units have 2019 air conditioning. Make this your primary or seasonal home and collect income from the other side, or rent both units. Quiet Olga residential setting, across from newer riverfront homes, and convenient to Alva, I-75, Downtown Fort Myers, Babcock Ranch, and LaBelle. Deep-water, no-bridge sailboat duplexes are exceptionally scarce in this part of town. A true unicorn for an owner-occupant or an investor who wants waterfront lifestyle and rental income in the same property.

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