Address824 Alderman Street 101, 111, 113, FORT MYERS, FL, 33916

Price$360,000

  • 6 Beds
  • 3 Baths
  • Residential
  • 677 SQ FT
  • Built in 1985

Portfolio of three (3) condominiums in Banyan Tree Condo. All units are fully leased with annual leases in place. Rents range from $1250-$1650, 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.

Essential Information

  • MLS® #223011098
  • Price$360,000
  • HOA Fees$0
  • Bedrooms6
  • Bathrooms3.00
  • Full Baths3
  • Square Footage677
  • Acres0.06
  • Price/SqFt$532 USD
  • Year Built1985
  • TypeResidential
  • Sub-TypeCondominium
  • StyleOther, Two Story, Low Rise
  • StatusActive

Community Information

  • CityFORT MYERS
  • CountyLee
  • StateFL
  • Zip Code33916

Address

824 Alderman Street 101, 111, 113

Area

FE02 - East Fort Myers Area

Subdivision

BANYAN TREE OF FT MYERS CONDO

Interior Features

Living/Dining Room, None, Cable TV

Appliances

Dryer, Dishwasher, Freezer, Microwave, Refrigerator, Self Cleaning Oven, Washer

Cooling

Central Air, Ceiling Fan(s), Electric

Amenities

  • AmenitiesNone
  • UtilitiesCable Available
  • FeaturesCorner Lot
  • ParkingCommon, Guest
  • GaragesCommon, Guest
  • ViewCity, Landscaped
  • WaterfrontNone

Interior

  • InteriorTile
  • HeatingCentral, Electric
  • # of Stories1
  • Stories2

Exterior

  • ExteriorStucco, Wood Frame
  • Exterior FeaturesNone, Patio
  • Lot DescriptionCorner Lot
  • WindowsSliding
  • RoofShingle
  • ConstructionStucco, Wood Frame

Additional Information

  • Date ListedFebruary 20th, 2023

Listing Details

  • OfficeCentury 21 Sunbelt Realty
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Price Change History for 824 Alderman Street 101, 111, 113, FORT MYERS, FL (MLS® #223011098)

Date Details Change
Price Reduced from $399,000 to $360,000 $39,000 (9.77%)

Similar Listings To: 824 Alderman Street 101, 111, 113, FORT MYERS

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