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

824 Alderman Street Unit 101, Fort Myers, FL 33916

The leased residences are separately parceled and offered together as a single package.

Property SizeContact for details
Days on Market8

Property Features for 824 Alderman Street Unit 101

General Information

Standard status Active
Property subtype Multi-family
Occupancy 100%

Additional Details

Multifamily Units 13

Building Details

Year Built 1985
Listing Agency: Coldwell Banker Realty
Listed By: Tyler Macchi · License #SL3515159
Source: Cthomeseekers
Added: Oct 8 Changed: Oct 13 Last Checked: Oct 12 at 7:21PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This multifamily offering comprises 13 condominium residences within a 30-unit residential complex. Built in 1985, the portfolio is being sold as one package, with each residence held on its own parcel. All 13 units are leased.

The properties are located in the Banyan Tree of Ft. Myers community in East Fort Myers.

Key Highlights

  • 13 condominium units offered as one portfolio
  • All 13 units are leased
  • Each unit is individually parceled

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
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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?
Multifamily property - The leased residences are separately parceled and offered together as a single package.
Where is this multifamily property located?
The property is located at 824 Alderman Street Unit 101 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 offered as one portfolio; All 13 units are leased; Each unit is individually parceled
More about this property
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