2243/2245 Altamont Ave Fort Myers, FL 33901
For Sale
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Exceptional investment opportunity in one of Fort Myers' most strategic locations. This rare 4-parcel package sale offers the perfect combination of immediate income potential and significant development upside. The Package: The anchor property at 2243/2245 Altamont Ave is a vintage duplex (built 1954) featuring 3,048 SF of living space, new roof installed 2-3 years ago, attached garages, and a large concrete driveway sitting on 0.26 acres. Three adjacent vacant lots on Clifford Street add an additional 15,613 SF of prime NC-zoned land ready for your vision. The Zoning Advantage: All 4 parcels are zoned NC (Neighborhood Commercial) by the City of Fort Myers, allowing residential, professional office, retail, personal services, and mixed-use development. This package also qualifies under Florida's Live Local Act, opening the door for affordable multifamily development at increased density. The Location: Positioned in the heart of Fort Myers, this package sits steps from Lee Memorial Hospital, minutes from Downtown Fort Myers, Edison Mall, Legacy Harbor Marina, Publix, and the beautiful Caloosahatchee River — making it attractive for medical professionals, developers, and investors alike. The Opportunity: Whether you are looking to hold and collect rental income while planning development, redevelop the entire site commercially, or take advantage of the Live Local Act for multifamily — this package delivers multiple exit strategies. All 4 parcels sold as a package only. No HOA. No flood history. Cash or Conventional financing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.