Address
824 Alderman Street, Fort Myers, FL
Price
$ 1,200,000
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
Property vs Commercial Average in 33916
Price
Taxes
Visits
Year Built
Walkscore
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on June 25, 2024 11:39 PM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
