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$799,900

For Sale - Active
3000 Oasis Grand Blvd Unit MPH3, Fort Myers, FL 33916
2 Beds
2 Baths
1,512 Square Feet
0.00 Acres Lot
Built in 2008
For Sale - Active
Units n/a
Checked: 24 hours ago
Updated: May 30, 2025 at 09:58AM

Investment Summary


Potential Missing Expenses

We noticed that HOA fees are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
-$816
Cap Rate
5.1%
Cash-on-Cash Return
-5.3%
Debt Coverage Ratio
0.81
Internal Rate of Return (5 years)
-1.2%

Property Description


0.00 Acres Lot
Built in 2008
For Sale - Active
Units n/a

The Most top modern high end PENTHOUSE condo in the Oasis hands down. Completely reimagined, recent additions include a new Monogram induction cooktop and a new water heater. UNMATCHED LUXURY in the most contemporary 2 Bedroom 2 Bathroom Plus Den Skyrise Penthouse in Fort Myers boasting the most amazing water views you can find! This exquisitely transformed "Regal Waterfront Masterpiece" boasts the finest upgrades ever seen in Downtown Fort Myers, with unparalleled attention to detail. Located on the 32nd floor, this opulent penthouse is fit for royalty and comes turnkey furnished, move-in ready for you! The upscale residence showcases the most luxurious features imaginable. The gourmet kitchen is equipped with GE Monogram appliances, granite and marble countertops, and even a kitchen island for your convenience. Enjoy floor-to-ceiling IMPACT windows and sliding doors, high-quality sunshade blinds, and blackout blinds, along with glass balcony railings that provide breathtaking water views. The master bedroom and ensuite boast the finest chandeliers and lighting fixtures, a regal king bed, a walk-in closet, a jacuzzi tub, and a separate shower, promising the perfect start to your day. From the moment you enter this fresh, stylish residence, you'll be impressed by its unique design and lighting. The guest bedroom amazes with its light and bright style, once again offering stunning water views. AC and water-heater are up to newest standards. Enjoy world-class amenities! A newly upgraded Olympia-size pool with SPA, sauna, state-of-the-art fitness center, business center and library, billiards and entertainment rooms, concierge services, covered convenient parking directly next to the elevators, and even bike and kayak storage. This is pure paradise in downtown Fort Myers, with close proximity to fine dining, entertainment, theater, library, shopping and more. ***** Ready to live a lifestyle that tops 1st Class? ***** Take your suitcase and you are ready to move in! Seller financing is also available.

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Location


Property Details


Parking

  • Description: Assigned, Attached, Covered, Underground, Garage, OneSpace, AttachedCarport
  • Details: Assigned, Attached, Covered, Underground, Garage, Attached Carport
  • Garage Spaces: 1
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 2

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Stories: 1

Exterior Features

  • Roof Material: Built-Up, Flat
  • Pool Community: Yes

Land Information

  • Land Use: Residential
  • Land Use Subtype: Condominium Unit

Lot Information

  • Parcel ID: 184425P104200.MPH3
  • Lot Size: 0 sqft

Property Information

  • Property Type: Condominium
  • Style: Contemporary, Other, Penthouse, High Rise
  • Year Built: 2008

Tax Information

  • Annual Tax: $6,724

Utilities

  • Water & Sewer: Public
  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Location

  • County: Lee

Listing Details


Listed by:
Cindy Cyrus
Compass Florida LLC
(239) 290-4292

Source:
Florida Gulf Coast Multiple Listing Service
MLS#: 224060023
Florida Gulf Coast Multiple Listing Service

Investment Summary


Potential Missing Expenses

We noticed that HOA fees are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
-$816
Cap Rate
5.1%
Cash-on-Cash Return
-5.3%
Debt Coverage Ratio
0.81
Internal Rate of Return (5 years)
-1.2%

Purchase Details

Find an Agent

Purchase price:
$799,900
Amount financed:
-$639,920
Down payment:
$159,980
Closing costs:
$23,997
Rehab costs:
$0
Initial cash invested:
$183,977
Square feet:
1,512
Cost per square foot:
$529
Monthly rent per square foot:
$3.77

Financing Details

Find a Lender

Loan amount:
$639,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.840%
Principal & interest:
$4,189
Property tax:
$560
Insurance:
$399
Private mortgage insurance (PMI):
$0
Monthly payment:
$5,148

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$5,700 $68,400
Vacancy loss: (6%)
6% -$342 -$4,104
Operating income:
$5,358 $64,296

Operating Expenses


% Rent Monthly Yearly
Property taxes: (10%)
10%-$560-$6,724
Insurance: (7%)
7%-$399-$4,788
Property management: (8%)
8%-$456-$5,472
Repairs & maintenance: (5%)
5%-$285-$3,420
Capital expenditures: (5%)
5%-$285-$3,420
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (35%)
35%-$1,985-$23,824

Cash Flow


Monthly Yearly
Net operating income:
$3,373 $40,476
Mortgage payments:
-$4,189 -$50,268
Cash flow:
$816 $9,792