824 Alderman Street

Fort Myers, FL 33916

$1,200,000
Price
—
Beds
25,071 Sq. Ft.
$48 / Sq. Ft.
25,071
Sq. Ft.
$48
per Sq. Ft.

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.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.
  1. Listed by Kevin Daly • Century 21 Sunbelt Realty
  2. Listed by Maria Trestman • Century 21 Sunbelt Realty

Property Details for 824 Alderman Street

Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
None/Other

Location

Listing Courtesy of Century 21 Sunbelt Realty, Kevin Daly; Century 21 Sunbelt Realty, Maria Trestman
Add your commute
LISTING UPDATED: 03/29/2024 05:51 PM

Property Details for 824 Alderman Street

StatusActive
MLS #222068454
Days on Market492
Taxes$11,178 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1985
Lot Size0.98 AC / 42,688 SF
CountyLee County

Location

Listing Courtesy of Century 21 Sunbelt Realty, Kevin Daly; Century 21 Sunbelt Realty, Maria Trestman
Add your commute

Building Information for 824 Alderman Street

Stories2Residences-Year Built1985Building Size-Lot Size0.98 AC / 42,688 SF

Payment Calculator

$7,480 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$932

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 824 Alderman Street

Summary
Location and General Information
  • City: FORT MYERS
  • Human Modified: Yes
  • Latitude: 26.66
  • Longitude: -81.83
  • MLS Area Major: FE02 - East Fort Myers Area
  • Postal Code: 33916
  • Street Name: Alderman
  • Street Number: 824
  • Street Suffix: ST
  • Full Address: 824 Alderman ST
Parking
  • Covered Spaces: .00
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • Condo Fee: $.00
  • HOA Fee: $.00
  • Tax Annual Amount: $11,177.87
  • Tax Year: 2022
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Parcel Number: 08-44-25-P4-02000.00CE
  • Property Type: Commerical
  • Acres: 0.98
  • Lot Size Area: 0.98
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: BANYAN TREE OF FT MYERS OR 1772 PG 4113/4163 UNIT
Property and Assessments
  • Total Area: 25071.0
  • Property Condition: Resale
  • Property Sub Type: Multi Family
  • Special Assessment: 0.00
  • Year Built Numeric: 1985
  • Zoning Code: RS-7
Lease Information
  • Land Lease Fee: $.00
  • Lease Considered: No
  • Lease Amount Per Area Unit: Dollars Per Square Foot
  • Sale Or Lease Includes: Building And Land
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: None
  • Utilities: Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available
  • Water: None
Multi Family
Multi-Family Information
  • Annual Food And Beverage Minimum: 0.00
  • Other Fee: $.00
  • Total Floors: 2
Interior and Exterior Features
Exterior Features
  • Canal Width: None
  • Exterior Features: None
  • Security Features: Fire Sprinkler System
  • Gulf Access: No
Interior Features
  • Cooling: Yes
  • Elevator Text Details: None
  • Interior Features: Fire Sprinkler
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 824 Alderman Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 824 Alderman Street

This home is within Lee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 5
Rating
School
Distance
James Stephens International Academy
PublicPK to 5

Tice Elementary School
PublicPK to 5

Orange River Elementary School
PublicPK to 5

Edgewood Academy
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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824 Alderman Street is a multi-family home for sale in Fort Myers, FL 33916. This property was listed for sale on November 4, 2022 by Century 21 Sunbelt Realty, it's currently listed at $1,200,000. It has been on the market for a total of 492 days and was last sold on November 29, 2019. This listing's school district is Lee. Nearby schools include James Stephens International Academy, Tice Elementary School and Orange River Elementary School. 824 Alderman Street is a 0-bed, 0-bath, 25,071 sqft multi-family home built in 1985.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Sunbelt Realty, Kevin Daly; Century 21 Sunbelt Realty, Maria Trestman

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