About this home
SELLER FINANCING 50% down, 3 yr balloon @9% Located on a busy stretch of Tamiami Trail, this 8,126 sq. ft. commercial building sits on 0.83 acres of highly visible frontage, offering flexible C2 zoning for office, medical office, or retail use. Close proximity to 3 new construction apartment buildings, such as the Alary (272 units), Horizon Tamiami (468 units), Hancock Bridge Square (320 units) etc... Key Highlights: Building Size (gross building area): 8,126 sq. ft (Lee County Property Appraiser) Land Size: 0.83 acres, fenced lot, signage. Zoning: C2 – allows for office, medical, or retail uses, approx 24 parking spaces Location: Direct frontage on N Tamiami Trail with high daily traffic counts 30K+, 2 miles to downtown Fort Myers and I-75 Surrounding Growth: Significant new multifamily construction in the immediate area, boosting demand for retail, medical, and professional services Investment Opportunity: existing leases are approaching expiration, creating an opportunity to increase rents to market levels or for an end user to occupy all or part of the building. This makes it ideal for an investor looking for value-add upside or an owner seeking a flagship location. Potential Uses:Professional Office Suites, Medical/Dental/Clinic, Retail or Showroom, Mixed Office & Retail Value-add: below market rents on short term leases, upcoming expiry. Typical uses allowed in C-2 zoning include: Retail sales & shopping centers (general merchandise, specialty stores, big box retail). Professional & medical offices (banks, real estate, insurance, legal, medical and dental clinics). Personal services (salons, fitness centers, dry cleaners). Hospitality (restaurants, cafes, bars, hotels, motels). Entertainment (indoor recreation, event venues). Automotive services (car sales, car washes etc). Information deemed reliable, though not guaranteed — prospective parties encouraged to verify.
Listing last checked: Listing updated:
Listed by Joanne Fultz · Realty One Group MVP · MLS #225071600
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Details at a glance
Interior1 property facts
- Rooms
- 0
Building2 property facts
- Style
- Office
- Year built
- 1950
Land & utilities1 property facts
- Lot size
- 0.826 acres
Financial3 property facts
- Annual taxes
- $13,734
- Assessment year
- 2024
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $1,750,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$9,993 / monthAdjust
- Principal & interest
- $8,849
- Property tax
- $1,144
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $13,734. 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
- Sld
$500,000 · Sold $450,000 · Feb 7, 2019
- Lsd
· Sold $8 · Aug 2, 2016
- Lsd
· Sold $7 · Jan 8, 2016
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About 1357 N Tamiami Trail
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