This Multifamily Property is no longer advertised on LoopNet.com.

1189 N Tamiami Trl
North Fort Myers, FL 33903
North Fort Myers Multifamily Portfolio · Multifamily Property For Sale · 17 Units

Investment Highlights

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

Property Facts

No. Units 17
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.51 AC
Building Size 9,100 SF
Average Occupancy 82%
No. Stories 1
Year Built/Renovated 1942/2018
Parking Ratio 0.22/1,000 SF
Zoning C-2/Multi-Family - Multi-Family

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 11-44-24-01-000R0.0010
  • 11-44-24-01-00200.0020
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$360,126
  • Listing ID: 30842004

  • Date on Market: 2/1/2024

  • Last Updated:

  • Address: 1189 N Tamiami Trl, North Fort Myers, FL 33903

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