About this home
Opportunity is knocking with this rarely available versatile property! Able to accommodate a variety of uses, as well as the ability to remodel to include additional income opportunities, this property will not disappoint. Currently home to the Fort Myers Power Squadron, this open concept building could be the home to your new investment, business, multifamily project and more. With 279 units approved for development across the street, there is a tremendous potential for visibility and additional income streams. The property backs up to East Riverside Drive as well as frontage on Royalston Avenue, allowing you to conform the property for additional uses. Additionally, there is also an outbuilding for storage. Please note there are several leases for events that are transferrable to the new buyer or terminated upon sale.
Listing last checked: Listing updated:
Listed by Julia Basora · Basora Investment Group LLC · MLS #2026020781
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Details at a glance
Building2 property facts
- Style
- Retail
- Year built
- 1986
Land & utilities1 property facts
- Lot size
- 0.701 acres
Financial3 property facts
- Annual taxes
- $628
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $824,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,219 / monthAdjust
- Principal & interest
- $4,167
- Property tax
- $52
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $628. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 3145 Royalston Avenue
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Request a tour of 3145 Royalston Avenue and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.