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Map
2019 COLUMBUS AVE
About This Property
Situated in a desirable residential area, this property offers convenient access to Joel Boulevard (approximately 0.62 miles). The lot is located in Flood Zone X, indicating minimal flood risk (outside 100- and 500-year floodplains), resulting in few or no special building requirements such as elevated foundations, flood vents, or mandatory flood insurance. No wetlands present nearby, so no additional permitting, environmental reviews, or construction restrictions apply from wetland regulations.
Zoned RS-1 Single Family Residential, the property supports low-density residential use, including single-family detached homes by right. Modular/manufactured homes if meeting FL building codes. Accessory Dwelling Units (ADUs) possible with approval. Prohibited: Duplexes, townhomes, multifamily apartments, mobile home communities (require rezoning). Buyer should verify all zoning, setbacks, utility availability, and development requirements with Lee County Planning.
The property is available for a self-guided tour. Subleasing is not permitted. This lot is not available for rent or lease.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2025 | Listed | $42,000 | |
| Listed | |||
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Exclusively Presented by Sunland Real Estate: Discover a fantastic opportunity in the growing community of Alva! This 1/2 acre lot located near Joel Blvd and 21st St E is ready for that dream home to be built to your specifications. This spacious lot offers plenty of room to build your dream home with extra space for privacy or future expansion. Enjoy the peace of a rural setting while close to shopping, dining, local schools, grocery stores, parks, entertainment, and SR-80 for easy access to Fort Myers and beyond. Quiet neighborhood great for bike riding or exercising with the family.
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| Oct 8, 2024 | Listed | $42,000 | |
| Listed | |||
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Exclusively Presented by Sunland Real Estate: Discover a fantastic opportunity in the growing community of Alva! This 1/2 acre lot located near Joel Blvd and 21st St E is ready for that dream home to be built to your specifications. This spacious lot offers plenty of room to build your dream home with extra space for privacy or future expansion. Enjoy the peace of a rural setting while close to shopping, dining, local schools, grocery stores, parks, entertainment, and SR-80 for easy access to Fort Myers and beyond. Quiet neighborhood great for bike riding or exercising with the family.
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| Aug 19, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017