Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$899,509

For Sale - Active
715 Hutto Rd, North Fort Myers, FL 33903
4 Beds
3 Baths
2,279 Square Feet
0.00 Acres Lot
Built in 2005
For Sale - Active
Units n/a
Checked: 2 days ago
Updated: Jul 16, 2025 at 07:48AM

Investment Summary


Monthly Cash Flow
-$2,877
Cap Rate
2.3%
Cash-on-Cash Return
-16.7%
Debt Coverage Ratio
0.38
Internal Rate of Return (5 years)
-12.1%

Property Description


0.00 Acres Lot
Built in 2005
For Sale - Active
Units n/a

Welcome Home | Bienvenido Su Casa, discover your dream home estate, nestled within 3.45 acres of pristine Equestrian Horse Farm located near Cape Coral in North Fort Myers, Florida. This breathtaking estate offers a rare opportunity to embrace a self-sustaining lifestyle while enjoying modern comforts. Whether you envision raising horses, chickens, or livestock, or simply cultivating your own fresh produce, this Equestrian Horse Farm is perfectly designed to fulfill your country living dreams all while remaining just minutes from Cape Coral and Fort Myers! Equestrian & Farming Paradise. Bring your horses, or board others. Get an AG2 Exemption with livestock to roam freely across two expansive pastures, with enough space to accommodate up to three horses. The property is partially fenced for added security, with wooded areas to the south ensuring privacy and tranquility. A charming barn with three stalls and a tack room, as well as an adjacent shed, provides ample storage for feed, equipment, and supplies. Additionally, the land is dotted with an array of mature fruit trees, and a freshwater creek stocked with bass offers the perfect setting for fishing and relaxation, bar b que with a sunset fire in the pit. Spacious & Thoughtfully Designed Home Built in 2005, this impressive 2,200+ sq. ft. home offers a harmonious blend of rustic charm and modern upgrades. Featuring four bedrooms, a den, an office, and three bathrooms, this home is designed to accommodate both work and leisure. One of the bathrooms includes a soaking tub, perfect for unwinding after a long day. Step into the grand living room with soaring 14-ft ceilings, a custom-built entertainment center, and abundant natural light. The open-concept design seamlessly flows into the kitchen, where you’ll find granite countertops, tile flooring throughout, and a brand-new garbage disposal. The home is prewired for a security system with a media box, ensuring peace of mind. Outdoor Living at Its Finest. The outdoor space is just as inviting as the interior. Enjoy the expansive screened-in lanai or retreat to the full-length rear deck, ideal for taking in the breathtaking landscape. The front porch has been newly screened, creating the perfect spot for morning coffee. Recent Upgrades & Features: New roof (2022), New garage door opener, new privacy fence on the north side, Floodlights with outlets on each corner of the home, New AC coil and smoke detectors, new ceiling fans on the front porch and rear lanai. This move-in-ready home offers an incredible opportunity to live the country lifestyle while enjoying all the modern conveniences. Experience the best of both worlds' peaceful seclusion with easy access to shopping, dining, and local amenities. Don’t miss out on this one-of-a-kind equestrian and farmland retreat. Schedule your private tour today!

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Mixed
  • Details: Attached, Driveway, Garage, Paved, RV Access/Parking, Unpaved, Garage Door Opener
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Total): 3.0

Interior Features

  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Stucco
  • Roof Type: IRR/Cathedral
  • Roof Material: Shingle

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 3343240000005.0000
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Ranch, One Story
  • Year Built: 2005

Tax Information

  • Annual Tax: $2,410

Utilities

  • Water & Sewer: Public
  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Location

  • County: Lee

Listing Details


Listed by:
Jimmy Goodwin
Southern World LLC
(239) 849-4677

Source:
Florida Gulf Coast Multiple Listing Service
MLS#: 225027824
Florida Gulf Coast Multiple Listing Service

Investment Summary


Monthly Cash Flow
-$2,877
Cap Rate
2.3%
Cash-on-Cash Return
-16.7%
Debt Coverage Ratio
0.38
Internal Rate of Return (5 years)
-12.1%

Purchase Details

Find an Agent

Purchase price:
$899,509
Amount financed:
-$719,607
Down payment:
$179,902
Closing costs:
$26,985
Rehab costs:
$0
Initial cash invested:
$206,887
Square feet:
2,279
Cost per square foot:
$395
Monthly rent per square foot:
$1.23

Financing Details

Find a Lender

Loan amount:
$719,607
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$4,608
Property tax:
$201
Insurance:
$196
Private mortgage insurance (PMI):
$0
Monthly payment:
$5,005

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$2,800 $33,600
Vacancy loss: (6%)
6% -$168 -$2,016
Operating income:
$2,632 $31,584

Operating Expenses


% Rent Monthly Yearly
Property taxes: (7%)
7%-$201-$2,410
Insurance: (7%)
7%-$196-$2,352
Property management: (8%)
8%-$224-$2,688
Repairs & maintenance: (5%)
5%-$140-$1,680
Capital expenditures: (5%)
5%-$140-$1,680
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (32%)
32%-$901-$10,810

Cash Flow


Monthly Yearly
Net operating income:
$1,731 $20,772
Mortgage payments:
-$4,608 -$55,296
Cash flow:
$2,877 $34,524