$1,035,000
$1,200,000
13.8%For more information regarding the value of a property, please contact us for a free consultation.
6,770 SqFt
SOLD DATE : 09/13/2024
Key Details
Sold Price $1,035,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,770 sqft
Price per Sqft $152
Subdivision Banyan Tree Of Ft Myers Condo
MLS Listing ID C7469135
Sold Date 09/13/24
Condo Fees $200
Construction Status Financing
HOA Y/N No
Originating Board Stellar MLS
Year Built 1985
Annual Tax Amount $12,387
Lot Size 0.980 Acres
Acres 0.98
Property Description
Incredible investment opportunity in the heart of Fort Myers, FL. Ten (10) condo units are included in this package; all are two bedrooms with one full bath. All units are currently occupied with annual leases in place. Partial remodel in eight out of ten units. Rents are near market value, generating a very healthy NOI. Roofs were replaced in 2020, and the parking lots were resurfaced in Feb. '23.
Location
State FL
County Lee
Community Banyan Tree Of Ft Myers Condo
Zoning RS7
Interior
Heating Central, Wall Units / Window Unit
Cooling Central Air, Wall/Window Unit(s)
Flooring Laminate, Tile
Appliance Dryer, Refrigerator, Washer
Exterior
Parking Features Over 30 Spaces
Roof Type Shingle
Building
Lot Description Corner Lot
Story 2
Entry Level Two
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Stucco,Wood Frame
New Construction false
Construction Status Financing
Others
Pets Allowed Yes - See Condo Docs
Ownership Condominium
Monthly Total Fees $200
Special Listing Condition None
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Bought with STELLAR NON-MEMBER OFFICE
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