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824 Alderman Street Unit 101, 111, 113

Fort Myers, FL 33916

6 beds
3 baths
677 sqft
$531 per sqft
1985 build
– on site

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*

Listing courtesy of FGCMLS / Century 21 Sunbelt Realty

Last checked: Checking… • Last updated May 10, 2024 •

MLS# 223011098 —

The Building

Year Built:

1985
Construction Materials:

Stucco
Architectural Style:

Other, Two Story, Low Rise
Entry Level:

1
Levels:

Two
Stories:

2
Stories Total:

1
Exterior Features:

None, Patio
Roof:

Shingle
Patio And Porch Features:

Lanai, Patio, Porch, Screened
Window Features:

Sliding
Building Area Total:

677
Building Area Source:

Appraiser
Unit Number:

101, 111, 113
Direction Faces:

East

Interior

Interior Features:

Living/Dining Room, None, Cable TV
Living Area:

677
Living Area Source:

Appraiser
Furnished:

Unfurnished
Flooring:

Tile

Location

Latitude:

26.662561
Longitude:

-81.834891

The Property

Property Type:

Residential
Property Subtype:

Condominium
Property Condition:

Resale
Lot Size Area:

0.0599
Lot Size Units:

Acres
Lot Size Acres:

0.0599
Lot Dimensions Source:

Appraiser
Lot Size Source:

Appraiser
Lot Features:

Corner Lot
View:

City, Landscaped
View:

1
Irrigation Source:

None
Road Responsibility:

Public Maintained Road
Parcel Number:

08-44-25-P4-02000.1010

Listing Agent

Contact info:

Taxes

Tax Year:

2021
Tax Block:

2000
Tax Lot:

101
Tax Annual Amount:

761.63
Tax Legal Description:

BANYAN TREE OF FT MYERS OR 1772 PG 4113/4163 UNIT 101

Beds

Bedrooms Total:

6

Baths

Total Baths:

3
Full Baths:

3

The Listing

Buyer Brokerage Compensation:

3%
Buyer's Brokerage Compensation:

3%

Heating & Cooling

Heating:

Central, Electric
Heating:

Yes
Cooling:

Central Air, Ceiling Fan(s), Electric
Cooling:

Yes

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dryer, Dishwasher, Freezer, Microwave, Refrigerator, Self Cleaning Oven, Washer
Laundry Features:

Inside

The Community

Subdivision Name:

BANYAN TREE OF FT MYERS CONDO
Community Features:

Non-Gated
Waterfront:

No
Waterfront Features:

None
Spa:

No
Pool Private:

No
Pets Allowed:

Call, Conditional
Association:

Yes
Association Amenities:

None
Association Fee Includes:

Association Management, Insurance, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Reserve Fund, Trash
Association Fee 3:

150
Association Fee 3 Frequency:

Monthly
# of Units In Community:

30
Common Interest:

Condominium

Parking

Garage:

No
Parking Features:

Common, Guest

Monthly cost estimate

Asking price

$360,000

Expense	Monthly cost
Mortgage	$1,927
Taxes	$63
Insurance	$99
Utilities	$124 See report
Total	$2,213/mo.^*
	^*This is an estimate

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This condo located in East Fort Myers, Fort Myers, FL 33916 is currently pending sale for $360,000. 824 Alderman Street Unit 101, 111, 113 is a 677 square foot condo with 6 beds and 3 baths that has been on Estately for 454 days. 824 Alderman Street Unit 101, 111, 113 is in the East Fort Myers neighborhood of Fort Myers and has a WalkScore® of 56, making it somewhat walkable. This condo is in the attendance area of Edgewood Academy, James Stephens International Academy, Tice Elementary School, Dunbar High School, Orange River Elementary School, and Bayshore Elementary School.

Listing Courtesy of: FGCMLS and Century 21 Sunbelt Realty. Data displayed here has not been verified by Estately. Disclaimers