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$1,599,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 1 Unit
  • 0.06 Acres
  • Updated 3 hours ago
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Rare investment opportunity in the established Banyan Tree of Ft. Myers community, ideally located in East Fort Myers. This offering consists of a 13-unit income-producing condominium portfolio within a 30-unit residential complex. All 13 units are currently leased, providing immediate and consistent rental income. Each unit is individually parceled, offering flexibility for investors seeking to expand their residential holdings. The portfolio is offered as a single package, with a complete unit schedule, rent roll, and financials available upon request.

Full Property Details for 824 Alderman St #101

General

  • Price: $1,599,000
  • Taxes: (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Bonita_Springs
  • MLS ID: 226036777
  • Updated: Today (10/10/2026)
  • Added to Site: Today

Interior

  • Flooring: Other

Rooms

Bedrooms

  • Total Bedrooms: 26

Additional Information

  • Shared Amenities: Non-Gated

Location

  • Area: FE02 - East Fort Myers Area
  • County: Lee
  • Subdivision: BANYAN TREE OF FT MYERS CONDO
  • Building Name: BANYAN TREE OF FT MYERS CONDO
  • Driving Directions: From I-75 take exit 138 (Dr. MLK Jr. Blvd / SR-82) west toward downtown Fort Myers. Property at 824 Alderman St near Terry Park.

Community

  • Units Assoc/Comm: 13
  • Pets Allowed: Yes
  • Number of Pets: 1

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Other
  • Heating Type: Other

Utilities

  • Sewer: Central
  • Water: Central
  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • # Buildings: 1
  • Architectural Style: See Remarks
  • Description/Design: Quadruplex
  • Roof: Shingle
  • Windows: Other
  • Year Built: 1985

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Size (Sq. Ft.): 2,613
  • Lot Size Source: Floor Plan Service
  • Frontage: Public Road
  • Irrigation System: Other
  • Lot Features: See Remarks
  • Lot Description: See Remarks

Water Features

  • Water Front Desc.: None
  • Canal Width: None

Financial Considerations

  • Operating Expenses: $45,000
  • Tax Year: 2025
  • Terms: Buyer Finance/Cash
  • Tenant Pays: Application Fee

Disclosures and Reports

  • Legal Description: BANYAN TREE OF FT MYERS OR 1772 PG 4113/4163 UNIT 101
  • Property ID: 08-44-25-P4-02000.00CE
  • Section: 8
  • Block: 2000
  • Lot Number: 101
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 824 Alderman St #101 —

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 824 Alderman St #101

School District:Lee County School District, Fort Myers, FL
NameGradesDistance
James Stephens International Academy
1333 Marsh Avenue, Fort Myers, FL 33905
K-50.7 mi
Tice Elementary School
4524 Tice St, Fort Myers, FL 33905
K-51 mi
Orange River Elementary School
4501 Underwood Drive, Fort Myers, FL 33905
K-52.1 mi
Oak Hammock Middle School
5321 Tice Street, Fort Myers, FL 33905
6-82.9 mi
Varsity Lakes Middle School
801 Gunnery Road North, Lehigh Acres, FL 33971
6-87.3 mi
Harns Marsh Middle School
1820 Unice Ave N, Lehigh Acres, FL 33971
6-88.9 mi
Riverdale High School
2600 Buckingham Road, Fort Myers, FL 33905
9-127.4 mi
Lehigh Senior High School
901 Gunnery Road North, Lehigh Acres, FL 33971
9-127.6 mi
Gateway High School-0842
901 Gunnery Road North, Lehigh Acres, FL 33971
9-127.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 824 Alderman St #101 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/10/2026
Listed
$1,599,000
384.55%
MLS
9/12/2024
Sold
$330,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 824 Alderman St #101

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,584
—
$86,693
10%
2025
$1,584
6%
$78,812
-2%
2024
$1,494
5%
$80,719
—
2023
$1,429
88%
$80,932
94%
2021
$762
-40%
$41,814
-27%
2022
$1,260
65%
$57,359
45%
2021
$762
56%
$39,568
123%
2019
$487
-2%
$17,765
—
2018
$495
—
$17,765
—
2017
$497
7%
$17,765
7%
2016
$465
5%
$16,611
13%
2015
$442
6%
$14,700
-18%
2014
$417
-13%
$17,900
9%
2013
$480
—
$16,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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824 Alderman St #101, Fort Myers, FL 33916 (MLS# 226036777) is a Multi-Family property with 1 unit containing 26 bedrooms and 0 full bathrooms. 824 Alderman St #101 is currently listed for $1,599,000 and was received on October 10, 2026. This property is listed by Tyler Macchi from our Naples 5th Avenue Office.Want to learn more about 824 Alderman St #101? Do you have questions about finding other Multi-Family real estate for sale in Fort Myers? You can browse all Fort Myers real estate or contact a Coldwell Banker agent to request more information.

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