Palm Villas 8372 Beacon Blvd 64 Unit Apartment Building $13,891,824 CAD ($217,060 CAD/Unit) Fort Myers, FL 33907

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire Palm Villas. The residential community is located at 8372 Beacon Boulevard in Fort Myers, Florida (the “Property”). The Property is well-located in Page Park, a quiet residential neighborhood in the center of Fort Myers, minutes from downtown with excellent access to all the amenities the city has to offer. Fort Myers is positioned along the banks of the Caloosahatchee River and offers convenient access to the Gulf of Mexico, Estero Bay and the Estero Bay Preserve State Park and San Carlos Bay and Bunche Beach Preserve which are home to a variety of outdoor recreational activities. Fort Myers’ downtown features a plethora of employment, shopping, and entertainment opportunities. Constructed in 1968, Palm Villas is a sixty-four (64) unit residential community comprised of six (6) Studio units, twenty-three (23), 1-Bedroom/1-Bathroom units, and thirty-five (35), 2-Bedroom/1-Bathroom units spread across four (4) two-story residential buildings with a total of 45,825 square feet of living area on 5.14-acres of land. The well-maintained and professionally managed community includes a management office, pool, recreation areas, an on-site laundry facility, ample on-site parking and abundant green space for residents. The Property offers direct entry units that feature spacious units.