Single Family for sale in Monterey

BEST PRICED PROPERTY ***** OUTSTANDING INVESTMENT OPPORTUNITY ***** PRIME LOCATION. Ideal for FAMILIES, PHYSICIANS, INVESTORS and those that like to be CLOSE TO THE EVERYTHING: Good schools, good hospitals, the beaches, restaurants, shopping and entertainment! This family friendly lakefront home in the esteemed, gated community of Laguna Lakes is priced attractively and positioned perfectly for investors, physicians, and families who want to be close to hospitals, good schools, shopping, and also the Gulf beaches. Offering 3 bedrooms, 2.5 baths and approximately 1,820 sq ft of living space, this two story home sits on a beautiful lake lot in one of South Fort Myers’ most sought after locations. The home benefits from a new roof (2022) and an exceptional lake view! Although the home is mostly original, it is in very good condition. As an investor or buyer, you can either keep the home the way it is and step right into the existing cash flow by assuming the current month to month lease, or selectively update and modernize it to unlock additional upside! The functional floor plan features a spacious living and dining area, open kitchen and guest bath on the main level, with all bedrooms and two full baths upstairs for privacy - ideal for families, professionals working from home, or roommates. Large windows and the rear lanai draw in natural light and showcase wide water views and the peaceful Laguna Lakes setting. Currently tenant-occupied on a month to month basis this property is perfect for a buyer seeking immediate rental income with the flexibility to either keep the existing tenants in place, secure new tenants at current market rent or keep it for yourself. This a rare opportunity to purchase in a prime community with built-in cash flow from day one should a new buyer wish to do so. Residents of Laguna Lakes enjoy a true resort-style lifestyle, with a gated entrance, lush mature landscaping, a clubhouse with fitness center and social room, a heated community pool and spa overlooking the lake, as well as tennis and pickleball courts, sand volleyball, a children’s playground and walking paths around scenic lakes and green spaces. The community’s central location places you just minutes from HealthPark Medical Center, Golisano Children’s Hospital, highly rated schools, everyday conveniences, restaurants, and the white-sand beaches of Fort Myers Beach and Sanibel. If you are looking for a lakefront home in BEST LOCATION, attractively priced with built-in income and clear upside for renovations, 8830 Spring Mountain Way should be at the very top of your list.