Marcus & Millichap Brokers Sale of FL Community

The firm arranged the sale of the 44-unit Golf Meadow in Fort Myers, Fla. on behalf of the seller, a private investor.
Golf Meadow Apartments
Golf Meadow Apartments

Marcus & Millichap has facilitated the sale of Golf Meadow, a 44-unit community in Fort Myers, Fla., for $3 million. The firm marketed the property on behalf of the seller, a private investor.

Located at 1852 Golf Meadow Ave. the community is next to the Fort Myers Golf & Country Club and within five minutes of Cleveland Avenue at Hill Avenue bus stop. Additionally, the property is approximately 2.2 miles south of downtown Fort Myers.

The four, two-story buildings were constructed in 1970 with built-up flat roofs, which were renovated in 2016. Golf Meadow comprises a mix of two- and three-bedroom units, averaging 752 square feet, featuring semi-private entries, split bedroom floorplans, hard surface ceramic tile floors, private patios and balconies, as well as faucet and fan fixtures. Communal area amenities include:

  • pool and sundeck
  • picnic and barbecue areas
  • shuffleboard courts
  • laundry facilities
  • leasing office
  • covered parking

CCIM Investment Specialists Casey Babb and Luis Baez of Marcus & Millichap had the exclusive listing to market the property on behalf of the seller.

Image courtesy of Google Street View