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.
Closed
$330,000
824 Alderman St #101-111-113, Fort Myers, FL 33916
6beds
677sqft
Condominium
Built in 1985
-- sqft lot
$264,900 Zestimate®
$487/sqft
$1,618 Estimated rent
Home value
$264,900
$238,000 - $294,000
$1,618/mo
Zestimate® history
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$1,618/mo
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$2,176/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Kevin Daly 239-340-1348,
Century 21 Sunbelt Realty,
Maria Trestman 239-788-3545,
Century 21 Sunbelt Realty
Bought with:
Tyler Macchi, 258032385
Coldwell Banker Realty
Source: Florida Gulf Coast MLS,MLS#: 223011098
Originating MLS: Florida Gulf Coast
Originating MLS: Florida Gulf CoastFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Screened Porch
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dryer, Dishwasher, Freezer, Microwave, Refrigerator, Self Cleaning Oven, Washer
- Laundry: Inside
Features
- Living/Dining Room, None, Cable TV, Screened Porch
- Flooring: Tile
- Windows: Sliding
Interior area
- Total structure area: 677
- Total interior livable area: 677 sqft
Property
Parking
- Parking features: Common, Guest
Features
- Levels: Two
- Stories: 2
- Patio & porch: Lanai, Patio, Porch, Screened
- Exterior features: None, Patio
- Has view: Yes
- View description: City, Landscaped
- Waterfront features: None
Lot
- Size: 2,609 Square Feet
- Features: Corner Lot
Details
- Parcel number: 084425P402000.1010
- Lease amount: $0
Construction
Type & style
- Home type: Condo
- Architectural style: Other,Two Story,Low Rise
- Property subtype: Condominium
Materials
- Stucco, Wood Frame
- Roof: Shingle
Condition
- Resale
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Non-Gated
- Security: Fire Sprinkler System, Smoke Detector(s)
- Condo and coop fee: $200 monthly
- Membership fee: $0
- Subdivision: BANYAN TREE OF FT MYERS CONDO
HOA
- Has HOA: Yes
- Amenities included: None, Management
- Services included: Association Management, Insurance, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Reserve Fund, Trash
- HOA phone: 239-672-8800
Location
- Region: Fort Myers
Financial & listing details
- Price per square foot: $487/sqft
- Annual tax amount: $761
- Date on market: 2/20/2023
- Cumulative days on market: 574 days
- Listing terms: All Financing Considered,Cash
- Ownership: Condo
- Contingency: Financing
Price history
| Date | Event | Price |
|---|---|---|
| 9/13/2024 | Sold | $330,000-8.3%$487/sqft |
Source:  Florida Gulf Coast MLS #223011098 Report a problem | ||
| 9/4/2024 | Pending sale | $360,000$532/sqft |
Source:  SWFLMLS #223011098 Report a problem | ||
| 5/20/2024 | Listed for sale | $360,000$532/sqft |
Source: SWFLMLS #223011098 Report a problem | ||
| 5/10/2024 | Pending sale | $360,000$532/sqft |
Source: SWFLMLS #223011098 Report a problem | ||
| 11/23/2023 | Listed for sale | $360,000$532/sqft |
Source: SWFLMLS #223011098 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 33916
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Nearby schools
GreatSchools rating
- 2/10James Stephens International AcademyGrades: PK-5Distance: 0.7 mi
- 3/10Oak Hammock Middle SchoolGrades: 6-8Distance: 2.9 mi
- 4/10Riverdale High SchoolGrades: 9-12Distance: 7.5 mi
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- Florida
- Lee County
- Fort Myers
- 33916
- 824 Alderman St Unit 101-111-113
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