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1189 N Tamiami Trl
North Fort Myers, FL 33903 Hancock

Price Upon Request

Apartments For Sale  •  9,100 SF

Property Details

  • Property Type Apartments
  • Total Building Size 9,100 SF
  • Lot Size 0.51 AC
  • Building Class C
  • Year Built 1942
  • Zoning C-2/Multi-Family
0 Transit Score
48 Walk Score

Highlights

Impeccably renovated in 2018, this multifamily property offers 17 modernized units with new roofs, electrical systems, and interior remodels.
With upcoming leases and room rentals, the property's income is set to surge, projecting an impressive 9.6% cap rate for savvy investors.
Efficiently managed by an on-site caretaker, tenants handle electricity costs, ensuring a hassle-free and well-maintained investment structure.
Situated near Downtown Fort Myers, the surrounding community boasts optimistic demographic analytics, presenting a prime investment opportunity.

Public Transportation

AirportDriveWalkDistance
Southwest Florida International 26 min - 15.4 mi
Punta Gorda 30 min - 21.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Surface
Included in Rent: Yes