NOT LISTED FOR SALE
2 Beds
2 Baths
945 Sq Ft
0.27 Acres

Highlights

  • City View
  • Elevator
  • Central Heating and Cooling System
  • Fort Myers High School Rated A
  • Tile Flooring
  • 2-minute walk to Vivas Palm Park

About This Home

As of July 2024

2 bedroom 2 bath condo located in the Historic Franklin Arms building in beautiful Downtown Fort Myers! Enjoy the terrific location and view of downtown Fort Myers right across the Sidney & Berne Davis Art Center! This unit offers full appliances with personal washer and dryer. Walk to downtown activities, events, restaurants, and shopping from this great location! Stroll along the waterfront and watch the beautiful sunsets! Small pet okay, no aggressive breeds.

Last Agent to Rent the Property

Sudi Jerena

Key Real Estate Advisors License #258022146 Listed on: 05/29/2024

Last Renter's Agent

Sudi Jerena

Key Real Estate Advisors License #258022146 Listed on: 05/29/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $93,680

Year Built

  • Built in 1915

Lot Details

  • 0.27

Parking

  • On-Street Parking

Interior Spaces

  • 945 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • City Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,650
  • Tenant pays for application fee, electricity, water
  • The owner pays for trash collection
  • Long Term Lease
  • Legal Lot and Block 1A / 8
  • Assessor Parcel Number 13-44-24-P4-00408.001A

Community Details

Overview

  • 22 Units
  • Mid-Rise Condominium
  • Fort Myers Subdivision

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $250

Additional Features

  • Elevator
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$93,680

Year Built

Built in 1915

Lot Details

0

Rental Info

  • Lease Term: Long Term
  • Tenant Pays: Application Fee, Electricity, Water
  • Security Deposit: 1650.0
  • Pet Deposit: 250.0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.266
  • Subdivision Name: FORT MYERS
  • Architectural Style: None, Mid Rise
  • Carport Y N: No
  • Entry Level: 5
  • Garage Yn: No
  • Year Built: 1915
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Owner Pays: Trash Collection
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Vinyl
  • Interior Amenities: Split Bedrooms
  • Living Area: 945.0
  • Dining Room Type: None
  • Stories: 3

Exterior Features

  • Pool Private: No
  • View: City
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Exterior Features: None

Garage/Parking

  • Parking Features: On Street

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevator, Non-Gated
  • Amenities: None
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 13-44-24-P4-00408.001A
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 22

Tax Info

  • Tax Block: 8
  • Tax Lot: 1A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2021
Sold by
Nres Franklin Arms Building Llc
Bought by
Valoro Arms Owner Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,705,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 2004
Sold by
Florida Community Bank
Bought by
The Downtown Building Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,541,469
Interest Rate
5.64%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Valoro Arms Owner Llc $5,700,000 Attorney
The Downtown Building Llc $3,932,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ftm Downtown Hotel Llc $2,590,000
Closed Valoro Arms Owner Llc $3,705,000
Previous Owner The Downtown Building Llc $3,541,469
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Rented -- -- --
06/12/2024 06/12/24 Price Changed $1,650 -8.3% $2 / Sq Ft
05/29/2024 05/29/24 For Rent $1,800 +38.6% --
05/23/2019 05/23/19 For Rent -- -- --
05/23/2019 05/23/19 Rented -- -- --
12/08/2017 12/08/17 For Rent $1,299 -- --
12/08/2017 12/08/17 Rented -- -- --
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $93,680 $5,148,716 $481,950 $4,453,127
2023 $93,680 $4,891,261 $0 $0
2022 $86,718 $5,186,957 $441,236 $4,545,090
2021 $70,950 $3,900,607 $324,380 $3,576,227
2020 $59,842 $3,125,079 $266,775 $2,858,304
2019 $56,178 $2,903,274 $195,404 $2,707,870
2018 $52,385 $2,603,667 $178,000 $2,425,667
2016 $47,535 $2,399,603 $172,696 $2,226,907
2015 $40,154 $1,761,683 $131,243 $1,630,440
2014 -- $1,675,878 $195,951 $1,479,927
2013 -- $1,712,471 $269,240 $1,443,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224047290

Florida Gulf Coast Multiple Listing Service

APN: 13-44-24-P4-00408.001A