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Palm Villas 8372 Beacon Blvd

64 Unit Block of Flats £8,215,725 (£128,371/Unit) Fort Myers, FL 33907

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 £8,215,725
Price Per Unit £128,371
Sale Type Investment
No. Units 64
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 5.14 AC
Building Size 45,825 SF
Number of Floors 2
Year Built/Renovated 1968/2019

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Smoke Detector
Bike Score ®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-45-24-00-00006.0020
Land Assessment
£1,276,958
Improvements Assessment
£3,944,530
Total Assessment
£5,411,936
  • Listing ID: 33700256

  • Date on Market: 31/10/2024

  • Last Updated:

  • Address: 8372 Beacon Blvd, Fort Myers, FL 33907

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