About This Home

This 26-bedroom, 0-bathroom multi-family at 824 Alderman St #101 in Fort Myers, FL is listed for $1,599,000 ($123 per sqft). Built in 1985, the home offers 13,000 sqft of living space on a 0.06 acres lot.

Key Features

Built in 1985
0.06 acre lot

Property Details

#101

1985

Amenities

A/C

Listing Description

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.

Monthly Cost Estimate

$8,552/mo

20% down · 6.5% · 30 years

Principal$1,156

Interest$6,929

Insurance$466

Estimates only. Actual payments may vary.

Location

824 Alderman St #101

Fort Myers, FL 33916

BANYAN TREE OF FT MYERS CONDO

Questions & Answers

This 26-bedroom, 0-bathroom multi-family at 824 Alderman St is listed at $1,599,000 ($123/sqft). The estimated monthly payment is $8,551 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1985, 0.06 acre lot.

This property is listed by Tyler Macchi.

Tyler Macchi

Agent at COLDWELL BANKER Residential Real Estate, LLC

824 Alderman St #101, Fort Myers, FL 33916