Aerial view of TN Capital Investments properties in Naples, FL: white-roofed houses, central pool, green lawns, cars, and roads.

Fountain – Fort Myers, Florida

Located in Fort Myers, Florida, Fountain is situated within a well-established residential area along the city’s Gulf Coast corridor. The surrounding neighborhood is known for its accessibility to lifestyle amenities and key destinations throughout Southwest Florida, making it a desirable setting for residential and rental communities.

“Boutique hospitality reimagined – blending long-term stability with short-term upside.”

Location
Fort Myers, Florida
Units
21 multi-family cottages with private entrances
Size
1,700 sq. ft. Living Area
Property Type
Hospitality, rental community

Fountain Cottages was a 21-unit boutique hospitality asset acquired in 2018. The property featured a mix of spacious one-bedroom cottages and efficient studio units, complemented by a shared pool and lush landscaping. Following a complete renovation and modernization effort, we restructured operations to support a hybrid of long-term tenants and short-term Airbnb guests. This diversified rental strategy maximized income potential. In early 2024, the property was sold at a favorable price point, marking a strong exit for our portfolio.

Dedication to creating sustainable growth and modern living spaces

Aerial view of TN Capital Investments properties in Naples, FL: white-roofed houses, central pool, green lawns, cars, and roads.
Aerial view of TN Capital Investments properties in Naples, FL, shows houses, trees, and a canal by a lake with greenery and woods.
Aerial view of TN Capital Investments property outlined in yellow in Naples, FL, with houses, pool, palm trees, and nearby water.

Location and Accessibility

Fountain benefits from proximity to several notable destinations and attractions throughout Fort Myers and the surrounding region.

Fort Myers Beach
6.8 miles
Historic Downtown, Main Street
4.3 miles
Sanibel/Captiva Islands
13 miles
Ford and Edison Estates
8.1 miles
SW Florida International Airport
14.2 miles
Red Sox Stadium
11.1 miles
Estero Bay Preserve
6.2 miles
Cape Coral
4.9 miles

Property Details

The property consists of twenty-one units across seven masonry and concrete construction buildings. The unit mix includes a range of open-plan layouts and a dedicated two-bedroom cottage configuration.

  • Eleven large open-plan rooms with kitchenettes
  • Nine large open-plan double rooms
  • One two-bedroom, two-bathroom cottage

On-site amenities include an office, a large heated in-ground pool, tropical landscaping, a gazebo, and a BBQ area located alongside the pool.

Fort Myers, Florida Real Estate Market

Fort Myers is located along Florida’s Gulf Coast and is widely recognized for its lifestyle appeal, tourism activity, and growing residential demand. The area continues to attract both residents and visitors, supporting consistent housing and rental market activity.

  • Rising home values
  • Reduced average days on market
  • Ongoing residential and rental demand

Lifestyle and Community

Fort Myers offers a coastal lifestyle supported by beaches, boating and fishing opportunities, golf courses, and access to natural preserves. Established neighborhoods, shopping destinations, dining options, and recreational amenities contribute to year-round livability and sustained demand.

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