Property Attributes
- MLS#C7469135
- TypeCommercial
- CountyLEE
- CityFORT MYERS
- AreaFort Myers
- NeighborhoodBanyan Tree Of Ft Myers Condo
- Zip33916
- StyleMulti Family
- Year Built1985
- Taxes$ 12387
- Price$ 1,200,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6770
- Lot Size0.98 Acres
Data Source:
Stellar MLS
Property Description
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.
Price History | |
---|---|
2/24/2024 | Listed $1,200,000 |
General Features
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 | Yes |
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. |
ModificationTimestamp | 2024-05-24T21:35:15.537Z |
City | FORT MYERS |
Buyer Agent Compensation | 3% |
Association Name | Infinity Property Management Firm,LLC |
View Y/N | No |
NumberOfUnitsTotal | 30 |
MLS Area | 33916 - Fort Myers |
Lot Size Units | Square Feet |
Lot Size Square Feet | 42790 |
Waterfront Y/N | No |
Street Name | Alderman |
Tax Annual Amount | 12387.59 |
Property Condition | Fixer |
Additional Parcels Y/N | No |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/C7469135 |
Days on Market | 485 |
Building Area Units | Square Feet |
Living Area Units | Square Feet |
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 |
Flood Zone Code | X |
Interior Features
Flooring | Laminate,Tile |
---|---|
Total Stories | 2 |
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Exterior Features
Vegetation | Mature Landscaping |
---|---|
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 |
Street Suffix | STREET |
Lot Size Acres | 0.98 |
Road Surface Type | Asphalt,Paved |
Road Frontage Type | City Street |
Number of Lots | 10 |
Road Responsibility | Public Maintained Road |
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