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12120 Hibiscus Drive

Iona FL 33908

0.1 ac.
Land
Currently for sale - view listing

Overview

This property presents a unique opportunity for investment due to the existing house on it, which may be more cost-effective to demolish rather than renovate to make it habitable. The location of this property is its standout feature, being in close proximity to both Sanibel and Fort Myers beaches. This offers a desirable setting for potential buyers or tenants seeking a beachside lifestyle. The existing house on the property, while in need of significant repairs and refurbishment after Hurricane IAN, poses a challenging endeavor to restore. The estimated cost to demolish the building would be approximately $11,000, considering the extensive work required. With an investment of this magnitude, it becomes more reasonable to consider an alternative approach, starting fresh with either a mobile or modular house. This will allow for a clean slate to design and construct an energy-efficient and comfortable living space, for investors seeking to maximize profitability.

Features

0.1 ac. lot size
Land

Happy sellers in Iona

75%
75% of sellers in Iona reported that their sale price either exceeded or met their price expectations.

Iona stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Iona over the last 12 months.

Local market activity for land plots in Iona

In the last 12 months, 62 land plots similar to 12120 Hibiscus Drive, have been sold.

This represents a 52% increase in land plots sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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