824 Alderman Street, Unit 101 111 113

Fort Myers, FL 33916

$360,000
Price
6
Beds
3
Baths
677 Sq. Ft.
$532 / Sq. Ft.
677
Sq. Ft.
$532
per Sq. Ft.

Description

Portfolio of three (3) condominiums in Banyan Tree Condo. All units are fully leased with annual leases in place. Rents range from $1100-1500, with room for increases. One unit was completely renovated with new cabinets, vanity, appliances, HVAC, and paint. The other two units have new appliances, HVAC, and updates where needed. Excellent investment opportunity with a desirable CAP rate and GRM. Back on market due to buyer failing to perform/closePortfolio of three (3) condominiums in Banyan Tree Condo. All units are fully leased with annual leases in place. Rents range from $1100-1500, with room for increases. One unit was completely renovated with new cabinets, vanity, appliances, HVAC, and paint. The other two units have new appliances, HVAC, and updates where needed. Excellent investment opportunity with a desirable CAP rate and GRM. Back on market due to buyer failing to perform/close
  1. Listed by Kevin Daly • Century 21 Sunbelt Realty
  2. Listed by Maria Trestman • Century 21 Sunbelt Realty

Property Details for 824 Alderman Street, Unit 101 111 113

Development
BANYAN TREE OF FT MYERS CONDO
Building Design
Low Rise (1-3)
Community Type
Non-Gated
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
City, Landscaped Area
Garage Spaces
.00

Location

Listing Courtesy of Century 21 Sunbelt Realty, Kevin Daly; Century 21 Sunbelt Realty, Maria Trestman
Add your commute
LISTING UPDATED: 04/23/2024 11:33 PM

Property Details for 824 Alderman Street, Unit 101 111 113

StatusActive
MLS #223011098
Days on Market361
Taxes$762 / year
HOA Fees-
Condo/Co-op Fees$150 / month
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1985
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, Unit 101 111 113

Building/Complex824 Alderman StFloor-Stories1Residences30Pet PolicyAllowedYear Built1985

Payment Calculator

$2,178 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,965

Property Taxes

$64

HOA Dues

$150

The Payment Calculator is for illustrative purposes only.

Property Information for 824 Alderman Street, Unit 101 111 113

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
  • Pets: Limits, With Approval
  • Postal Code: 33916
  • Road Responsibility: Public Maintained Road
  • Street Name: Alderman
  • Street Number: 824
  • Street Suffix: ST
  • Block: 2000
  • Unit Number: 101, 111, 113
  • Full Address: 824 Alderman ST 101, 111, 113
  • View: Yes
Parking
  • Carport Spaces: .00
  • Carport: No
  • Covered Spaces: .00
  • Garage: No
  • Parking Features: Common, Guest
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • Condo Fee: $150.00
  • Primary HOA Fee: $1,800.00
  • HOA Fee: $.00
  • Maintenance: Association Management, Insurance, Irrigation Water, Legal Accounting, Maintenance Grounds, Pest Control, Reserve Fund, Trash
  • Association Mngmt Phone: 239-728-6100
  • Mandatory HOA: Yes
  • Tax Annual Amount: $761.63
  • Tax Year: 2021
  • Transfer Fee: $.00
  • Association Fee 3: $150.00
  • Association Fee 3 Frequency: Monthly
Property
Lot Information
  • Source of Measure Total Area: Appraiser
  • Development Name: BANYAN TREE OF FT MYERS CONDO
  • Parcel Number: 08-44-25-P4-02000.1010
  • Property Type: Residential
  • Section: 8
  • Lot Unit: 101
  • Source of Measure Living Area: Appraiser
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Corner Lot
  • Acres: 0.0599
  • Lot Size Area: 0.0599
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: BANYAN TREE OF FT MYERS OR 1772 PG 4113/4163 UNIT 101
Property and Assessments
  • Total Area: 677.0
  • Rear Exposure: W
  • Approx Living Area: 677.0
  • Possession: Close Of Escrow
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Township: 44
  • Range: 25
  • Special Assessment: 0.00
  • Sub Condo Name: BANYAN TREE OF FT MYERS CONDO
  • Year Built Numeric: 1985
  • Property Sub Type Additional: Condominium
  • Restrictions: No Restrictions
Lease Information
  • Land Lease Fee: $.00
  • Lease Amount Per Area Unit: Dollars Per Square Foot
  • 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: Central
  • Water Source: Public
  • Water: Central
Multi Family
Multi-Family Information
  • Common Interest: Condominium
  • Num Unit Floor: 1
  • Annual Food And Beverage Minimum: 0.00
  • Units in Complex: 30
  • Other Fee: $.00
  • Stories: 2.0
  • Total Floors: 1
  • Total Annual Recurring Fees: $1,800.00
  • Total One Time Fees: $.00
  • Units in Building: 30
  • Unit Location: 1
Interior and Exterior Features
Exterior Features
  • Architectural Style: Other, Two Story, Low Rise
  • Association Amenities: None
  • Boat Access: None
  • Canal Width: None
  • Community Features: Non Gated
  • Construction: Wood Frame
  • Exterior Features: None, Patio
  • Exterior Features: Patio
  • Irrigation Source: None
  • Patio And Porch Features: Lanai, Patio, Porch, Screened
  • Private Pool: No
  • Roof: Shingle
  • Security Features: Fire Sprinkler System, Smoke Detectors
  • Structure Type: Low Rise
  • Gulf Access: No
  • Spa: No
Interior Features
  • Appliances: Dryer, Dishwasher, Freezer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Baths Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3.0
  • Beds Total: 6
  • Bedrooms: 6 or More
  • Cooling: Central Air, Ceiling Fans, Electric
  • Cooling: Yes
  • Elevator Text Details: None
  • Flooring: Tile
  • Furnished Desc: Unfurnished
  • Heating: Central, Electric
  • Heating: Yes
  • Interior Features: Living Dining Room, None, Cable TV
  • Interior Features: Cable Prewire, Fire Sprinkler, Smoke Detectors
  • Laundry Features: Inside
  • Levels: Two
  • Rooms Total: 0
  • Window Features: Sliding
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 824 Alderman Street, Unit 101 111 113

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, Unit 101 111 113

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

824 Alderman Street, Unit 101 111 113 is a condo for sale in Fort Myers, FL 33916. This property was listed for sale on February 20, 2023 by Century 21 Sunbelt Realty, it's currently listed at $360,000. 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, Unit 101 111 113 is a 6-bed, 3-bath, 677 sqft condo 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

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.