2320 First St | Fort Myers, FL 33901
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- LoopNet Team
2320 First St
Fort Myers, FL 33901
Franklin Arms · Multifamily Property For Sale
·
22 Units
INVESTMENT HIGHLIGHTS
- Only investment-grade, upscale asset of scale in pedestrian First Street core
- Fort Myers is U.S. News and World Report’s #1 Fastest-Growing Place in America (2024-2025 ranking)
- 13 apartment units feature water views of Caloosahatchee River
- 22 apartment units totaling 20,080 square feet and 5 office suites totaling 13,451 square feet
- Recent Class A upgrade to building lobby and common areas, featuring keypad-controlled access, crown molding and upgraded light fixtures
- Apartment units feature washer/dryer appliances and full appliance packages, with microwaves and garbage disposals in kitchens
PROPERTY FACTS
| No. Units | 22 | Lot Size | 0.25 AC |
| Property Type | Multifamily | Building Size | 33,531 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Stories | 7 |
| Building Class | C | Year Built | 1889 |
| Zoning | U-CTR | ||
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 33,531 SF |
| Average Occupancy | 100% |
| No. Stories | 7 |
| Year Built | 1889 |
| Zoning | U-CTR |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | 665 |
| 1+2 | 3 | - | 895 |
| 2+1 | 2 | - | 895 - 910 |
| 2+2 | 11 | - | 910 - 1,600 |
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