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824 Alderman Street

Fort Myers, FL 33916
  • $1,035,000
  • STATUS: Closed
  • ON SITE: 902 Days
  • MLS #: 222068454
Sold - 09/13/2024
$1,035,000
SOLD - 09/13/2024
  • 0
    BEDS
  • 0.98
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1985
County:
Lee

School Ratings & Info

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.

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© 2025 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or William Raveis Real Estate, Denison Yachting. Data last updated 2025-04-25T00:23:40.523.
www.wwaterfrontnaples.com/homes/134537910
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824 Alderman Street Fort Myers, FL 33916

  • Price: $1,200,000
  • Status: Closed
  • On Site: 902 Days
  • MLS #: 222068454
0
Beds
0
Baths
0
½ Baths
0.98
Acres
1985
Built
Neighborhood:
Fe02 - East Fort Myers Area
County:
Lee
Area:
Fe02 - East Fort Myers Area
Property 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.
Exterior Features

Covered Spaces 0

Interior Features

Cooling YN Yes Furnished Unfurnished

Property Features

Association Fee 0 Association Fee2 0 Association Fee3 0 Building Area Total 25071 Buyer Financing Conventional Land Lease Amount 0 Lease Considered YN No Property Condition Resale Property Sub Type Multi Family Security Features Fire Sprinkler System Tax Annual Amount 18230 Tax Year 2023 Utilities Electricity Available Phone Available Sewer Available Trash Collection Water Available Waterfront Features None Waterfront YN No Zoning Description RS-7

Listing courtesy of Century 21 Sunbelt Realty.


© 2025 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or William Raveis Real Estate, Denison Yachting. Data last updated 2025-04-25T00:23:40.523.
 
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William Raveis Real Estate, Denison Yachting
720 5th ave south
Naples FL, 34102