Active

$1,200,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRC7469135
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
Incredible investment opportunity in the heart of Fort Myers, FL. Ten (10) condo units are included in this package; all are two bedrooms with one 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, generating a very healthy NOI. Roofs were replaced in 2020, and the parking lots were resurfaced in Feb. '23.
Financial Considerations
Price:
$1,200,000
HOA Fee:
N/A
Tax Amount:
$12387.59
Price per SqFt:
$177.25
Tax Legal Description:
BANYAN TREE OF FT MYERS CONDO DESC OR BK 1722 PG 4113 COMMON ELEMENTS
Exterior Features
Lot Size:
42790
Lot Features:
Corner Lot
Waterfront:
No
Parking Spaces:
N/A
Parking:
Over 30 Spaces
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Central, Wall Units / Window Unit
Cooling:
Central Air, Wall/Window Unit(s)
Appliances:
Dryer, Refrigerator, Washer
Furnished:
No
Floor:
Laminate, Tile
Levels:
Two
Additional Features
Property Sub Type:
Multi-Family
Style:
N/A
Year Built:
1985
Construction Type:
Stucco, Wood Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    824 ALDERMAN ST
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