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13-Unit Condominium Portfolio
New
For Sale
$1,599,000

824 Alderman St, Fort Myers, FL 33916

Residential Income, FORT MYERS, FL

Property Size13,000 SF
Lot Size0.06 Acres
Price / SF$123
Days on Market4

Property Features for 824 Alderman St

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 26
Rooms Bedroom 9, Bedroom 12, Bedroom 14, Bedroom 18, Bedroom 6, Bedroom 3, Bedroom 10, Bedroom 5, Bedroom 25, Bedroom 8, Bedroom 2, Bedroom 19, Bedroom 20, Bedroom 17, Bedroom 15, Bedroom 1, Bedroom 11, Bedroom 4, Bedroom 16, Bedroom 23, Bedroom 7, Bedroom 13, Bedroom 26, Bedroom 22, Bedroom 21, Bedroom 24
Subdivision BANYAN TREE OF FT MYERS CONDO
Standard status Active
APN 08-44-25-P4-02000.00CE
Size 13,000 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BANYAN TREE OF FT MYERS OR 1772 PG 4113/4163 UNIT 101
Tax Annual Amount 1584
Legal Description BANYAN TREE OF FT MYERS OR 1772 PG 4113/4163 UNIT 101

Building Details

Year built 1985
Number of units 13
Roof type Shingle
Architectural style Other
Listing Agency: Coldwell Banker Realty · NextHome
Listed By: Tyler Macchi · License #SL3515159
Added: Oct 10 Last Checked: Oct 13 at 5:06PM
MLS# 226036777

Copyright © 2026 Naples Area Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 13-unit condominium portfolio contains 13,000 square feet of residential space within a 30-unit complex. Built in 1985, the property is offered as one package, with every unit currently leased and individually parceled.

A unit schedule, rent roll, and financial statements are available for review.

Key Highlights

  • 13 condominium units totaling 13,000 square feet
  • All 13 units are currently leased
  • Units are individually parceled and offered together as one portfolio

Property Analytics

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Current Use

Oalco Management Property Management Company Makeup&hair studio Hair Salon Pretty cleaners co.company (Bike/Boat/Book/etc) Store

Suggested Use

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

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

Lease Details

13
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

475
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Multifamily property - Each residence is separately parceled, and all are leased within a 30-unit residential community.
Where is this multifamily property located?
The property is located at 824 Alderman St Fort Myers, FL.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: 13 condominium units totaling 13,000 square feet; All 13 units are currently leased; Units are individually parceled and offered together as one portfolio
More about this property
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