About this home
The best passive income property money can buy is being sold for UNDER Appraised value! Over $33,000 a month in gross rent with the ability build an additional 4 stories taller, giving you a solid return on your investment - 9CAP!!! - with the potential to add on dozens of more rental units! Located across from the street from the soon-to-be redeveloped Edison Mall, these 4 concrete block buildings sitting on over 2+acres are 95% leased to great, long term tenants with security deposits and advanced rents, mostly in the medical or professional fields and is a very well kept & well run property! Property is grandfathered in for a local well to use for irrigation, saving you a bunch of money on your lawn bill! Simple expenses such as water, landscaping, insurance and taxes. Tenants pay their own electric. 24000+ Sq ft of lease-able space, 240 Ft of Broadway frontage, over 100 parking spaces and borders other commercial properties with residential just up the block. Newer laminate flooring in most units. See Supplements for Offering Packet with full details and appraisal information. Local owner is retiring, this is your opportunity to have a long term investment in a rapidly growing part of Fort Myers.
SWFL truth layer
Interior — No Water
No navigable water access
X
MLS waterfront language is treated as a teaser until the conservative GIS/NOAA classifier confirms route truth. Private parcel identifiers, tax-record IDs, contact-address fields, and alternate site-address fields are never rendered.
MLS attribution
Listing data is staged from the live MLS feed for development review. Public launch remains gated on FGCMLS/Trestle display-rule confirmation and approved disclaimer text.