REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,200,000
Est. payment | /mo
25,071 SqFt
$ 1,200,000
Est. payment | /mo
25,071 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 25,071 sqft
Price per Sqft $47
MLS Listing ID 222068454
Construction Status Resale Property
Year Built 1985
Annual Tax Amount $11,177
Tax Year 2022
Lot Size 0.980 Acres
Property Description
Incredible investment opportunity in the heart of Fort Myers, FL. TEN (10) condo units are included in this package; all are 2 bedrooms with 1 full bath. All units are currently occupied with annual leases in place. Partial remodel in eight out of ten units. Rents are near market value, with room for increase, generating a very healthy NOI. All tenants are long-term and on annual leases. Financials attached.
Location
State FL
County Lee
Area Fe02 - East Fort Myers Area
Zoning RS-7
Exterior
Utilities Available Electric, Phone Line, Sewer, Trash Removal, Water
Waterfront Description None
Private Pool No
Building
Story 2
Construction Status Resale Property
Listed by Century 21 Sunbelt Realty
Schools and Properties Nearby
Find out why customers are choosing LPT Realty to meet their real estate needs