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Offered at $1,599,000Active
beds
26
baths
—
sq ft
13,000
Built
1985

824 Alderman Street #101

Fort Myers, FL 33916

About this home

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.

Listing last checked: Listing updated:

Listed by Tyler Macchi, Brandon Shirk · Coldwell Banker Realty · MLS #226036777

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Details at a glance

Interior4 property facts
Rooms
0
Heating
Other
Cooling
Other
Flooring
Other
Building3 property facts
Style
Quadruplex
Year built
1985
Roof
Shingle
Land & utilities3 property facts
Lot size
0.06 acres
Water
Public
Sewer
Public Sewer
Financial3 property facts
Annual taxes
$1,584
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $1,599,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$8,217 / monthAdjust
Principal & interest
$8,085
Property tax
$132
Insurance
Not entered
HOA
$0

Listing annual taxes: $1,584. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Sld

    $84,900 · Sold $75,000 · Feb 1, 2021

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About 824 Alderman Street #101

Can I request a private showing?

Request a tour of 824 Alderman Street #101 and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.