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824 Alderman STREET Fort Myers, FL $ 1,200,000
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$ 1,200,000 Get more info
824 Alderman STREET
$ 1,200,000
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Share Save

824 Alderman STREET

Fort Myers, FL, 33916
$ 1,200,000
Baths0.0 Sq 6,770

Monthly Estimate*

$ 7,976

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Studio

Commercial Property for sale in Fort Myers, FL

for $1,200,000. This 6,770 square foot building was built in 1985 on a lot size of 0.98.

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.

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Commercial Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 12,387

Style

Multi Family

Lot Size

0.98

Year Built

1985

Town/City

Fort Myers

County/Region

Lee

MLS | Web ID

C7469135
Features
General
Sewer Public Sewer
Heating Central Wall Units / Window Unit
Cooling Central Air Wall/Window Unit(s)
Roof Shingle
Appliances Dryer Refrigerator Washer
Zoning RS7
Construction Materials Stucco Wood Frame
Pets Allowed Yes - See Condo Docs
Year Built 1985
Levels Two
Property SubType Multi Family
Tax Year 2023
Percent Ownership Condominium
County Lee
New Construction No
Property Type Commercial Sale
HOA / Comm Assn Y
Subdivision Name BANYAN TREE OF FT MYERS CONDO
Facing Direction East
Building Features Dumpsters
Status Active
Directions Palm Beach Blvd. NE to East on Woodside Ave. Property on SW corner of Woodside & Alderman.
City FORT MYERS
Buyer Agent Compensation 3%
Total Units 30
MLS Area 33916 - Fort Myers
Lot Size Square Feet 42790
Waterfront Y/N No
Street Name Alderman
Tax Annual Amount 12387.59
Property Condition Fixer
Public 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 annu
Virtual Tour https://www.propertypanorama.com/instaview/stellar/C7469135
Days on Market 485
Standard Status Active
Tax Lot 101
Legal Description BANYAN TREE OF FT MYERS CONDO DESC OR BK 1722 PG 4113 COMMON ELEMENTS
Water Access Y/N No
Monthly Condo Fee Amount 200
Water View Y/N No
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Interior
Flooring Laminate Tile
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix STREET
Total Baths 0
Living Area Units Square Feet
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Exterior
Parking Features Over 30 Spaces
Lot Features Corner Lot
Water Source Public
Lot Size Area 42790
Foundation Details Slab
Number of Buildings 3
Building Area Total 6770
Lot Size Acres 0.98
Road Surface Type Asphalt Paved
Lot Size Units Square Feet
Road Frontage Type City Street
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* Excluded Features
List By
Century 21 Sunbelt Realty

Broker

KDaly@KevinDalyRealtor.com

Email

Affordability Calculator

$9,008
Per Month
89%
11%
0%
Monthly Principal & Interest
$7,976
Monthly Property Taxes
$1,032
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/24/2024$1,200,000 Listed Price

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824 Alderman STREET, Fort Myers, FL, 33916 is a Commercial Property for sale at $1,200,000 with 6,770 sqft and a lot size of 0.98. 824 Alderman STREET is a studio with 0.0 baths and was built in 1985. The property's zip code is 33916 which is in Fort Myers, FL

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