Property Attributes
- MLS#222068454
- TypeCommercial
- CountyLEE
- CityFort Myers
- AreaFE02 - East Fort Myers Area
- Zip33916
- StyleMultiFamily
- Year Built1985
- Taxes$ 18230
- Price$ 1,200,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage25071
- Lot Size0.98 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description
Incredible investment opportunity in the heart of Fort Myers, FL. TEN (10) condominiums are included in this package; all are 2 bedrooms with 1 full bath. All units are currently occupied with annual leases in place. Partial remodel in eight out of ten units. Rents are near market value, with room for increase, generating a very healthy NOI. All tenants are long-term and on annual leases. Financials attached.
Price History | |
---|---|
11/4/2022 | Listed $1,356,000 |
3/15/2023 | 12% - $1,200,000 |
General Features
Utilities | ElectricityAvailable,PhoneAvailable,SewerAvailable,TrashCollection,WaterAvailable |
---|---|
HOA | 0.0 |
Security Features | FireSprinklerSystem |
Year Built | 1985 |
Property SubType | MultiFamily |
Tax Year | 2023 |
Waterfront Features | None |
County | Lee |
New Construction | No |
Property Type | CommercialSale |
HOA / Comm Assn | No |
Attached Garage | No |
Garage Y/N | No |
Status | Active |
City | FORT MYERS |
Land Lease Amount | 0.0 |
View Y/N | No |
Senior Community Y/N | No |
Zoning Description | RS-7 |
MLS Area | FE02 - East Fort Myers Area |
Lot Size Units | Acres |
Waterfront Y/N | No |
Carport Y/N | No |
Property Attached Y/N | No |
Land Lease Y/N | No |
Tax Annual Amount | 18230.0 |
Home Warranty Y/N | No |
Property Condition | Resale |
Lease Renewal Y/N | No |
Additional Parcels Y/N | No |
Lease Considered Y/N | No |
Rent Control Y/N | No |
Days on Market | 490 |
Standard Status | Active |
MobileHomeRemainsYN | No |
PostalCity | FORT MYERS |
Legal Description | BANYAN TREE OF FT MYERS OR 1772 PG 4113/4163 UNIT 102 |
Condo Fee | 0.0 |
Interior Features
Total Stories | 2 |
---|---|
Basement (Y/N) | No |
Air Conditioning Y/N | Yes |
Heating Y/N | No |
Fireplace Y/N | No |
Electric On Property Y/N | No |
Exterior Features
Lot Size Area | 0.98 |
---|---|
Horses | No |
Spa | No |
Irrigation/Water Rights | No |
Building Area Total | 25071.0 |
Lot Size Acres | 0.98 |
Lot Size Source | Appraiser |
Covered Spaces | 0.0 |
Crops Included Y/N | No |
Open Parking Y/N | No |
Horse Y/N | No |
Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool