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Six-Unit Apartment Building
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1001 Polk Street, Fort Myers, FL 33916

Three single-story buildings offer individual entrances, on-site parking, and separately metered electric and water service.

Property SizeContact for details
Days on Market14

Property Features for 1001 Polk Street

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Hull Multifamily Advisors
Listed By: Nick Hull · License #FL: BK3581015
Source: Crexi
Added: Sep 10 Changed: Sep 16 Last Checked: Sep 22 at 4:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hull Multifamily Advisors

Investment Insights

Based on property information with market context.

This multifamily property comprises three single-story buildings with six two-bedroom, one-bath apartments totaling approximately 5,400 rentable SF. Each unit contains approximately 900 SF and has a private entrance, while washer/dryer hookups and on-site parking serve the property. The asset was built in 1973 and was 100% occupied at the time of listing.

Recent work includes 5/6 new HVAC systems completed during 2024–2025, two replacement water heaters, and full renovations in two units. Electric and water are individually metered, supporting separate utility administration across the apartments.

The property is located at 1001 Polk Street in Fort Myers, Florida. The existing improvements combine a compact unit count with single-story construction and established occupancy, while the completed renovations provide a documented basis for continuing upgrades within the remaining units.

Key Highlights

  • Six 900 SF two‑bedroom/one‑bath units totaling approximately 5,400 rentable SF
  • Three single‑story buildings with individual entrances and on‑site parking
  • 100% occupied at the time of listing

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Skin Care Clinic Big Box & Wholesale Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

441
Businesses Nearby

Demographics for 33916, FL

25,940
Population
12,480
Households
2.1
Avg Household Size
34
Median Age
21%
College-Educated
81%
High-School Grad
10.3 sq mi
ZIP Area
2,518
Density / Sq Mi
$49,353
Median Household Income
$32,770
Median Earnings
$1,363
Median Rent
$242,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Three single-story buildings offer individual entrances, on-site parking, and separately metered electric and water service.
Where is this apartment building located?
The property is located at 1001 Polk Street Fort Myers, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Six 900 SF two‑bedroom/one‑bath units totaling approximately 5,400 rentable SF; Three single‑story buildings with individual entrances and on‑site parking; 100% occupied at the time of listing
More about this property
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