Back to Search

Fort Myers Multifamily Investment Opportunity

2055 Braman Ave, Fort Myers, FL 33901

View on Map

For Sale

$1,750,000

Multifamily property with investment potential in Fort Myers, Florida.

Type:Commercial

Property size:

12,360 SF

Lot size:

0.49 Acres

Price / SF:

$141/SF

HighLights

10 of 14 units remodeled with new kitchens, baths, and tile.
Located in the Cleveland Avenue Community Redevelopment Area (CRA), eligible for revitalization programs and tax‑increment funding.
Proven rental demand with rarely any vacancies.
Opportunity to increase revenue by stabilizing rents to current market rates.
Additional revenue stream from on‑site laundry.
Sizeable multi‑family property: 12,360 sq. ft. building on a 0.49‑acre lot.

We can help!

Listing Contact

Jimi Walton

Learn more

For Sale

$1,750,000

Multifamily property with investment potential in Fort Myers, Florida.

Type:Commercial

Property size:

12,360 SF

Lot size:

0.49 Acres

Price / SF:

$141/SF

Added:: Apr 24, 2026
Days on Market:: 53
Last Refresh:: Apr 24 at 3:38 pm

Property Features for 2055 Braman Ave

General Information

Standard status: Active
Size: 12,360 SF
Lot size: 0.49 Acres
Property subtype: Commercial

Building Details

Year Built: 1973

We can help!

Listing Contact

Jimi Walton

Listing agent Jimi Walton License #258024675

Listing office Schooner Bay Realty, Inc.

Listing date Apr 24, 2026

Source Elliman

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 Schooner Bay Realty, Inc.

HighLights

10 of 14 units remodeled with new kitchens, baths, and tile.
Located in the Cleveland Avenue Community Redevelopment Area (CRA), eligible for revitalization programs and tax‑increment funding.
Proven rental demand with rarely any vacancies.
Opportunity to increase revenue by stabilizing rents to current market rates.
Additional revenue stream from on‑site laundry.
Sizeable multi‑family property: 12,360 sq. ft. building on a 0.49‑acre lot.

Overview

Located at 2055 Braman Ave in Fort Myers, Florida, this commercial apartment building presents a multifamily investment opportunity. Constructed in 1973, the building encompasses approximately 12,360 square feet and is situated on a 0.49-acre lot, which is approximately 21,370 square feet. The property comprises 14 units, with 10 units having been remodeled to include updated kitchens, baths, and tile. The property's central location and accessibility contribute to low vacancy rates. The location is within the Cleveland Avenue Community Redevelopment Area (CRA) designated by the City of Fort Myers, making it eligible for the CRA’s revitalization programs and tax-increment funding.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$287.7k	$23.28
− Vacancy	−$12.1k	−$0.98
EGI	$275.7k	$22.30
− OpEx	−$124.0k	−$10.04
NOI	$151.6k	$12.27

12,360 SF · lease $23.28/SF/yr · vacancy 4.20% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$2.17M

$1.90M – $2.53M (±1% cap)

NOI $151,611 @ 7.0% cap · market cap 8.66%

Second Best

—

no second resolved use

Theoretical Best

Office A

$3.89M

$3.40M – $4.54M (±1% cap)

NOI $272,316 @ 7.0% cap · market cap 15.56%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Fort Myers
County: Lee
State: Florida
Longitude: -81.8707755
Latitude: 26.6201844

Nearby Similar for Sale

$1,249,900

6,200 SF

Renovated Commercial Building on Fowler

Fully renovated commercial property with flexible use options in Fort Myers.

2730 Fowler Street, Fort Myers, FL 33901

View Details
$885,000

3,000 SF

Commercial Building on San Carlos Boulevard

High-visibility commercial building ready for custom build-out in Fort Myers.

16541 San Carlos Boulevard, Fort Myers, FL 33908

View Details
$759,900

3,264 SF

Office/Medical Units in South Fort Myers

Updated office/medical units with spa tenant in South Fort Myers.

12545 New Brittany Boulevard, Fort Myers, FL 33907

View Details
$1,100,000

4,000 SF

Stand-Alone Office Building with Suites

Class B stand-alone office building with four suites, including two owner-occupied and one vacant suite.

16048 San Carlos Blvd, FORT MYERS, FL 33908

View Details
$1,100,000

3,960 SF

San Carlos Blvd Office Building

Class B office building on high-traffic San Carlos Blvd.

16048 SAN CARLOS BOULEVARD, FORT MYERS, FL 33908

View Details
$2,800,000

5,800 SF

C1 Flex Office and Industrial Site

Multiple building options on one C1-zoned site support businesses needing office space alongside flexible expansion.

3671 Fowler St, FORT MYERS, FL 33901

View Details
$4,900,000

17,851 SF

Medical Office Building For Sale

Freestanding medical office building in Fort Myers, Florida.

12731 New Brittany Blvd, Fort Myers, FL 33907

View Details
$684,140

1,545 SF

Modern Retail Units in Fort Myers

New retail units in high-growth area with excellent accessibility.

8156 Alico Rd, Fort Myers, FL 33912

View Details
$5,500,000

22,170 SF

Leased Retail Center in Fort Myers

100% leased retail center with redevelopment upside.

4434-4458 Cleveland Ave, FORT MYERS, FL 33901

View Details
$684,140

1,545 SF

New Retail Units in Fort Myers

Modern retail units in a high-growth Southwest Florida corridor.

8156 Alico Rd, Fort Myers, FL 33912

View Details
$699,995

1,000 SF

Turn-Key Medical Office Facility

Renovated office and flex space with 25 paved parking spots, private offices, conference room, ADA bathrooms, and kitchenette.

2080 Collier Avenue, Fort Myers, FL 33901

View Details
$684,140

1,545 SF

New Retail Units in Fort Myers

Modern retail units in high-growth area with outstanding accessibility.

8156 Alico Rd, Fort Myers, FL 33912

View Details

For sale
Apartment buildings
FL
Fort Myers
33901
2055 Braman Ave

What type of property is this?

Apartment building - Multifamily property with investment potential in Fort Myers, Florida.

Where is this apartment building located?

The property is located at 2055 Braman Ave Fort Myers, FL.

What is the asking price?

The asking price for this property is $1,750,000.

What are key features of this property?

This property features: 10 of 14 units remodeled with new kitchens, baths, and tile.; Located in the Cleveland Avenue Community Redevelopment Area (CRA), eligible for revitalization programs and tax‑increment funding.; Proven rental demand with rarely any vacancies.