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Bean Group
Offered at $2,950,000Active
beds
—
baths
—
sq ft
7,231
Built
1984

3822 Broadway

Fort Myers, FL 33901

About this home

This listing is a 7,231 sq. ft. Medical office building also zoned for general office use. Comprised of 3 separate but adjoining suites each with its own front and back doors, it was all tied together as a single medical office facility. However, there are lockable doorways between each of the 3 sections allowing them to easily become 2 or 3 separate office units. The Individual square footage is Unit A: 4,331 s.f., Unit B: 1,100 s.f., and Unit C: 1,800 s.f. The building sits on 3/4 of an acre. It shows well with its brand new roof including newly-covered staff parking for 10 cars in the rear. Total parking is provided for approximately 40 cars. The entire exterior was recently renovated, cleaned up and painted. The Inside is fully built out with a lot of bathrooms, some have showers. There are 4 recently installed new A/C units + one older unit, which Lessor will replace or overhaul if it should fail during the lease period. A wonderful feature is the covered drop-off area that extends all the way to Units A and B, built to keep patients out of the rain. One of the very few office buildings in the Ft. Myers area available in the 6,000 – 9,000 sq. ft. range. Excellent location: 3822 Broadway, just one block east of Cleveland Ave aka U.S. Highway 41 and less than one block north of Winkler and the Edison Mall. (One parcel south of Collier Ave.) Under a 10-minute drive to the I-75 freeway. NOTE: A new 92-unit residential community complex (Latimer Crossing) is just north of Collier Ave. along Hwy 41, basically just around the corner from the subject site. NOTE: the brand new, large Lee Health Medical facility is located about 5 or 6 minutes away straight up Winkler Ave. Initial annual lease rate for the whole building is: $22.75 per sq. ft. plus CAM. For a tenant that has future growth plans, the 4,331 s.f. Unit A space is available now for $23.75/sf. with an additional right of first refusal for the other two units, presently not on the market until perhaps 3 months after Unit A is rented out. The new lessee of the entire building will have the full right to sub-let the other two units with the Owner’s simple approval. The building is also available for sale at $2,950,000. Finally, just across the street from the building is an adorable little pocket park that is the perfect get-away when one seeks peace and tranquility out of the office during the working week. For convenience, you just can’t beat that little pocket park. NOTE: SELLER FINANCING MAY BE AVAILABLE.

Listing last checked: Listing updated:

Listed by Phil Deems · Phil Deems Real Estate · MLS #224093153

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Details at a glance

Building2 property facts
Style
Office
Year built
1984
Land & utilities1 property facts
Lot size
0.804 acres
Financial3 property facts
Annual taxes
$12,429
Assessment year
2023
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $2,950,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$15,953 / monthAdjust
Principal & interest
$14,917
Property tax
$1,036
Insurance
Not entered
HOA
$0

Listing annual taxes: $12,429. 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.

Price and status timeline

  1. Sld

    $1,200,000 · Sold $975,000 · Aug 17, 2005

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About 3822 Broadway

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