824 Alderman ST 101, 111, 113 For Sale

Fort Myers, FL 33916 - Banyan Tree Of Ft Myers Condo

$360,000

Reduced - $39,000

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/close*

Address

  • Address: 824 Alderman ST 101, 111, 113
  • City: Fort Myers
  • State/Country: Florida, United States
  • Zip: 33916
  • Community: Banyan Tree Of Ft Myers Condo
  • Community Type: Non-gated
  • Subdivision: Banyan Tree Of Ft Myers Condo

Detail

Information last updated on Wednesday, January 3rd, 2024 at 07:39 AM

  • MLS ID: 223011098
  • Price: $360,000
  • Property Size: 677 Sq Ft
  • Bedrooms: 6
  • Bathrooms: 3
  • Garage Spaces: 0
  • Year Built: 1985

Additional details

  • Acres: 0.06
  • Approx Living Area: 677
  • Baths Full: 3
  • Baths Total: 3
  • Bedrooms: 6
  • Beds Total: 6
  • Buyer Agent Comp: 3%
  • Cable Available YN: Yes
  • CDOM: 345
  • Condo Fee: $150
  • Created Date: February 20th, 2023
  • Current Price: $360,000
  • DOM: 267
  • Last Change Timestamp: January 3rd, 2024
  • Latitude: 26.662561
  • List Price: $360,000
  • Longitude: -81.834891
  • Lot Unit: 101
  • Mandatory HOAYN: 1
  • MLS Number: 223011098
  • Num Unit Floor: 1
  • Original List Price: $399,000
  • Parcel Number: 08-44-25-P4-02000.1010
  • Postal Code: 33916
  • Section: 8
  • Taxes: $762
  • Tax Year: 2021
  • Total Annual Recurring Fees: $1,800
  • Total Area: 677
  • Total Floors: 1
  • Trans Broker Comp: 3%
  • Unit Number: 101, 111, 113
  • Unitsin Building: 30
  • Unitsin Complex: 30
  • Year Built: 1985

Vital Information

Low Rise (1-3)

  • Size: 677 sqft
  • Beds: 6 or More
  • Baths: 3
  • Price: $360,000

Virtual Tours

  • No Virtual Tour Available
Broker Reciprocy

The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright 2024 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than Equity Realty are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program.

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