NOT LISTED FOR SALE
1 Bed
1 Bath
665 Sq Ft
0.25 Acres

Highlights

  • River 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 March 2018

****FIRST WEEK, FREE RENT!!!!**** Rarely available 1 bedroom, 1 bath Condo located at the Historic Franklin Arms building in beautiful Downtown Fort Myers! Enjoy the terrific view of downtown Fort Myers from this 5th floor apartment! This Condo features tile floors in both kitchen and living room, carpeted bedroom and walk-in closet. The Condo also provides your own 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! Rental rate includes water/sewer and trash removal. Small pet okay.

Last Agent to Rent the Property

Jessica Chung

Florida Homes Realty Group Inc License #258025177 Listed on: 03/19/2018

Last Renter's Agent

Jessica Chung

Florida Homes Realty Group Inc License #258025177 Listed on: 03/19/2018

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $93,680

Year Built

  • Built in 1915

Lot Details

  • 0.25

Parking

  • On-Street Parking

Property Views

  • River
  • City

Interior Spaces

  • 665 Sq Ft Home
  • 3-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Southeast Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for application fee, cable TV, electricity, internet
  • The owner pays for sewer, trash collection, water
  • Legal Lot and Block 1a / 408
  • Assessor Parcel Number 13-44-24-P4-00408.001A

Community Details

Overview

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

Amenities

  • Elevator
  • Secure Lobby

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$93,680

Year Built

Built in 1915

Lot Details

0

Rental Info

  • Tenant Pays: Application Fee, Cable TV, Electricity, Internet

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.25
  • Subdivision Name: FORT MYERS
  • Architectural Style: Mid Rise
  • Carport Y N: No
  • Entry Level: 5
  • Garage Yn: No
  • Year Built: 1915
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Owner Pays: Sewer, Trash Collection, Water
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Tile
  • Living Area: 665.0
  • Stories: 3
  • ResoLivingAreaSource: Plans

Exterior Features

  • Pool Private: No
  • View: City, River
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: Southeast

Garage/Parking

  • Parking Features: On Street

Utilities

  • Laundry Features: Inside
  • Security: Lobby Secured, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Condo Hotel Community, Elevator
  • Amenities: None
  • Pets Allowed: Call, Conditional

Lot Info

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

Multi Family

  • Number Of Units In Community: 23

Tax Info

  • Tax Block: 408
  • 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
03/19/2018 03/19/18 For Rent -- -- --
03/19/2018 03/19/18 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: 218021704

Florida Gulf Coast Multiple Listing Service

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