Rare investment opportunity in the established Banyan Tree of Ft. Myers community, ideally located in East Fort Myers. This offering consists of a 13-unit income-producing condominium portfolio within a 30-unit residential complex. All 13 units are currently leased, providing immediate and consistent rental income. Each unit is individually parceled, offering flexibility for investors seeking to expand their residential holdings. The portfolio is offered as a single package, with a complete unit schedule, rent roll, and financials available upon request.
For sale
$1,599,000
824 Alderman ST #101, FORT MYERS, FL 33916
26beds
--baths
13,000sqft
Quadruplex
Built in 1985
-- sqft lot
$90,300 Zestimate®
$123/sqft
$-- HOA
What's special
- 26 minutes
- 5
- 0
Zillow last checked:
Listing updated:
Listed by:
Tyler Macchi 239-218-4825,
Coldwell Banker Realty,
Brandon Shirk 717-756-1233,
Coldwell Banker Realty
Source: SWFLMLS,MLS#: 226036777
Originating MLS: Naples
Originating MLS: NaplesFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 26
Heating
- Other
Cooling
- Other
Features
- Has fireplace: No
Interior area
- Total interior livable area: 13,000 sqft
Property
Features
- Waterfront features: None
Lot
- Size: 2,613 Square Feet
- Features: See Remarks
Details
- Parcel number: 084425P402000.00CE
- Zoning: n/a
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Water: Central
Community & HOA
Community
- Features: Non-Gated
- Subdivision: BANYAN TREE OF FT MYERS CONDO
Location
- Region: Fort Myers
Financial & listing details
- Price per square foot: $123/sqft
- Tax assessed value: $78,812
- Annual tax amount: $1,584
- Date on market: 10/10/2026
- Lease term: Buyer Finance/Cash
Estimated market value
$90,300
$77,000 - $104,000
$1,274/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2026 | Listed for sale | $1,599,000+2032%$123/sqft |
Source:  SWFLMLS #226036777 Report a problem | ||
| 6/14/2021 | Sold | $75,000-11.7%$6/sqft |
Source: Public Record Report a problem | ||
| 5/4/2021 | Pending sale | $84,900$7/sqft |
Source:  Coconut Coast Realtors #219050044 Report a problem | ||
| 3/1/2021 | Listed for sale | $84,900+49.2%$7/sqft |
Source: Pollard & Hedrich Realty, Inc. #219050044 Report a problem | ||
| 12/1/2019 | Listing removed | $56,900$4/sqft |
Source: Pollard & Hedrich Realty, Inc. #217029316 Report a problem | ||
| 9/3/2019 | Price change | $56,900-1.7%$4/sqft |
Source: Pollard & Hedrich Realty, Inc. #217029316 Report a problem | ||
| 7/24/2019 | Listed for sale | $57,900+101%$4/sqft |
Source: Pollard & Hedrich Realty, Inc. #217029316 Report a problem | ||
| 9/18/2015 | Listing removed | $28,800$2/sqft |
Source: Pollard & Hedrich Realty, Inc. #214018319 Report a problem | ||
| 4/9/2015 | Price change | $28,800+3.2%$2/sqft |
Source: Pollard & Hedrich Realty, Inc. #214018319 Report a problem | ||
| 4/7/2015 | Price change | $27,900-3.1%$2/sqft |
Source: Pollard & Hedrich Realty, Inc. #214018319 Report a problem | ||
| 3/31/2015 | Price change | $28,800-0.3%$2/sqft |
Source: Pollard & Hedrich Realty, Inc. #214018319 Report a problem | ||
| 3/8/2015 | Listed for sale | $28,900-9.4%$2/sqft |
Source: Pollard & Hedrich Realty, Inc. #214018319 Report a problem | ||
| 7/15/2014 | Listing removed | $31,900$2/sqft |
Source: Real Estate Services by Pollard & Hedrich Realty, Inc Report a problem | ||
| 5/15/2014 | Listed for sale | $31,900+147.3%$2/sqft |
Source: Real Estate Services by Pollard & Hedrich Realty, Inc Report a problem | ||
| 3/7/2014 | Sold | $12,900+214.6%$1/sqft |
Source: Public Record Report a problem | ||
| 10/23/2013 | Sold | $4,100-29.3% |
Source: Public Record Report a problem | ||
| 12/2/2009 | Sold | $5,800+11.5% |
Source: Public Record Report a problem | ||
| 6/20/2009 | Listing removed | $5,200 |
Source: Listhub #200915152 Report a problem | ||
| 5/31/2009 | Price change | $5,200-1.9% |
Source: Listhub #200915152 Report a problem | ||
| 5/2/2009 | Price change | $5,300-3.6% |
Source: Listhub #200915152 Report a problem | ||
| 3/24/2009 | Listed for sale | $5,500-75% |
Source: Listhub #200915152 Report a problem | ||
| 1/24/2005 | Sold | $22,000$2/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,584 +6% | $78,812 +13.6% |
| 2024 | $1,494 +4.5% | $69,405 +10% |
| 2023 | $1,429 +13.4% | $63,095 +10% |
| 2022 | $1,260 +65.4% | $57,359 +166.8% |
| 2021 | $762 +19.9% | $21,496 +10% |
| 2020 | $635 +30.4% | $19,542 +10% |
| 2019 | $487 | $17,765 |
| 2018 | $487 -1.7% | $17,765 |
| 2017 | $495 -0.3% | $17,765 +6.9% |
| 2016 | $497 +6.8% | $16,611 +13% |
| 2015 | $465 +5.2% | $14,700 -17.9% |
| 2014 | $442 +6.1% | $17,900 +9.1% |
| 2013 | $417 -24.1% | $16,400 -57.6% |
| 2012 | $550 +25.5% | $38,700 +48.3% |
| 2011 | $438 +29.3% | $26,100 +77.6% |
| 2010 | $339 -39.9% | $14,700 -45.4% |
| 2009 | $563 +105.7% | $26,940 -47.2% |
| 2008 | $274 +12.4% | $51,000 +6.3% |
| 2007 | $244 +2% | $48,000 +20% |
| 2006 | $239 -31.9% | $40,000 +166.7% |
| 2004 | $351 +9.1% | $15,000 +15.4% |
| 2003 | $321 +5.8% | $13,000 +8.3% |
| 2002 | $304 | $12,000 |
| 2000 | -- | $12,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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