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8372 Beacon Blvd
Fort Myers, FL 33907
Palm Villas · Multifamily Property For Sale
·
64 Units
Investment Highlights
- Value-Add Potential
- Attractive Unit Mix
- Desirable Location
- Separately Metered Utilities
- Property Amenities
- Access to Area Amenities
Executive Summary
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.
Property Facts
| Price Per Unit | $227,619 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 5.14 AC |
| No. Units | 64 | Building Size | 45,825 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1968/2019 |
| Apartment Style | Garden | ||
| Zoning | RM-2 - Residential Multi-Family | ||
| Price Per Unit | $227,619 CAD |
| Sale Type | Investment |
| No. Units | 64 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.14 AC |
| Building Size | 45,825 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1968/2019 |
| Zoning | RM-2 - Residential Multi-Family |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Smoke Detector
Property Taxes
| Parcel Number | 12-45-24-00-00006.0020 | Improvements Assessment | $7,709,408 CAD |
| Land Assessment | $2,651,755 CAD | Total Assessment | $10,361,163 CAD |
Property Taxes
Parcel Number
12-45-24-00-00006.0020
Land Assessment
$2,651,755 CAD
Improvements Assessment
$7,709,408 CAD
Total Assessment
$10,361,163 CAD
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