Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1973
Sq.Footage
12,360
The commercial apartment building located at 2055 Braman Ave in Fort Myers, Florida is a well-sized multi-family property offering plenty of investment potential. Built in 1973, the structure spans approximately 12,360 sq. ft. and sits on a 0.49-acre lot (approx 21,370 sq ft). Of the 14 units, 10 have been remodel with new kitchens, baths and tile throughout. With its central location and accessibility, this property rarely has vacancies. This will be an attractive opportunity for multi-family investors in the Fort Myers market to improve return by stabilizing rents to the current market and capitalizing on the new revenue stream of the on-site laundry. This location lies within the Cleveland Avenue Community Redevelopment Area (CRA) designated by the City of Fort Myers making it eligible for the CRA’s revitalization programs and tax-increment funding.*
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.491
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,750,000
-
Tax Amount
17722.58
-
Sq. Footage
12, 360
-
Price/SqFt
$141
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
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Location
County
Lee
Elementary School
Middle School
High School
Listing Courtesy of Michael Stone , Schooner Bay Realty, Inc.
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Agent | Realtor®
Julia McCabe
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