Address824 Alderman Street, FORT MYERS, FL, 33916

Price$1,200,000

  • Commercial Sale
  • Built in 1985

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.

Essential Information

  • MLS® #C7469135
  • Price$1,200,000
  • Bathrooms0.00
  • Acres0.98
  • Year Built1985
  • TypeCommercial Sale
  • Sub-TypeMulti-Family
  • StatusActive

Community Information

  • Address824 Alderman Street
  • AreaFort Myers
  • CityFORT MYERS
  • CountyLee
  • StateFL
  • Zip Code33916

Subdivision

BANYAN TREE OF FT MYERS CONDO

Appliances

Dryer, Refrigerator, Washer

Heating

Central, Wall Units / Window Unit

Cooling

Central Air, Wall/Window Unit(s)

Amenities

  • ParkingOver 30 Spaces

Interior

  • # of Stories2

Exterior

  • Lot DescriptionCorner Lot
  • RoofShingle
  • FoundationSlab

Additional Information

  • Date ListedJanuary 3rd, 2023
  • Days on Market491
  • ZoningRS7

Listing Details

  • OfficeCENTURY 21 SUNBELT REALTY
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Price Change History for 824 Alderman Street, FORT MYERS, FL (MLS® #C7469135)

Date Details Change
Price Reduced from $1,356,000 to $1,200,000 $156,000 (11.50%)

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