About this home
Rare opportunity to acquire a 13-unit income-producing condominium portfolio in the established Banyan Tree of Ft Myers community in the heart of East Fort Myers. This is a single package sale of all 13 units offered together in one transaction. Per MLS formatting, the legal description and parcel ID shown reflect one representative unit (Unit 101). The complete schedule of all 13 unit numbers and parcel IDs is provided to qualified buyers along with the rent roll and financials. 11 of the 13 units are currently occupied on annual leases, producing steady in-place income. The portfolio sits within a 30-unit complex with open parking.
Listing last checked: Listing updated:
Listed by Tyler Macchi, Brandon Shirk · Coldwell Banker Realty · MLS #226024109
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Details at a glance
Interior1 property facts
- Rooms
- 0
Building2 property facts
- Style
- Multi Family
- Year built
- 1985
Land & utilities1 property facts
- Lot size
- 0.98 acres
Financial3 property facts
- Annual taxes
- $20,592
- 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$9,801 / monthAdjust
- Principal & interest
- $8,085
- Property tax
- $1,716
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $20,592. 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
- Ter
$1,400 · Mar 12, 2026
- Sld
$360,000 · Sold $330,000 · Jan 9, 2023
- Sld
$1,200,000 · Sold $1,035,000 · Aug 23, 2022
- Sld
$95,000 · Sold $95,000 · Dec 9, 2021
- Sld
$78,000 · Sold $75,000 · Aug 4, 2021
- Sld
$69,900 · Sold $72,000 · Jun 1, 2021
- Sld
$78,000 · Sold $62,000 · Jun 1, 2021
- Sld
$84,900 · Sold $75,000 · Feb 1, 2021
- Sld
$84,900 · Sold $75,000 · Feb 1, 2021
- Lsd
$825 · Aug 29, 2020
- Sld
$62,000 · Sold $52,000 · Jun 1, 2020
- Sld
$62,000 · Sold $50,000 · Jun 1, 2020
- Sld
$65,400 · Sold $62,000 · Jul 23, 2019
- Sld
$51,000 · Sold $51,000 · Jun 7, 2019
- Sld
$51,900 · Sold $50,000 · Jun 1, 2019
- Sld
$53,500 · Sold $60,200 · Apr 8, 2019
- Sld
$59,900 · Sold $60,000 · Dec 29, 2018
- Lsd
$750 · Oct 4, 2018
- Sld
$69,900 · Sold $64,900 · Jul 21, 2018
- Lsd
$950 · May 3, 2018
- Sld
$750,000 · Sold $650,000 · Feb 8, 2018
- Lsd
$625 · Jun 27, 2017
- Lsd
$625 · Jun 13, 2017
- Lsd
$850 · May 12, 2017
- Lsd
$599 · Jan 18, 2016
- Lsd
$450 · Dec 16, 2013
- Lsd
$450 · Sold $450 · Mar 15, 2013
- Sld
$15,900 · Sold $10,000 · Oct 15, 2012
- Sld
$15,900 · Sold $10,000 · Oct 15, 2012
- Lsd
$450 · Sold $450 · Sep 24, 2012
- Sld
$9,700 · Sold $9,000 · Jun 12, 2012
- Lsd
$425 · Sold $397 · Mar 6, 2012
- Lsd
$425 · Sold $425 · Nov 7, 2011
- Lsd
$450 · Oct 28, 2011
- Sld
$12,900 · Sold $7,500 · Oct 1, 2011
- Sld
$12,900 · Sold $7,500 · Oct 1, 2011
- Sld
$15,500 · Sold $7,500 · Oct 1, 2011
- Sld
$12,900 · Sold $7,500 · Oct 1, 2011
- Sld
$9,500 · Sold $9,500 · Apr 15, 2011
- Sld
$5,500 · Sold $5,500 · Oct 2, 2009
- Lsd
$400 · Aug 15, 2008
- Sld
$64,500 · Sold $60,000 · Jun 1, 2005
- Sld
$64,500 · Sold $60,000 · Feb 11, 2005
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About 824 Alderman Street
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