1 / 41$1,295,000 list price
location_onBOKEELIA, FL 33922 · Lee County
6 unit concrete block and stucco office/retail investment building located on Pine Island, FL, across from recently completed Publix shopping center. The interior of each unit has been remodeled after Hurricane Ian with new flooring, walls and ceiling. The building has 5 new A/C units, a metal roof, storm shutters, septic with a lift station, and county water. 3 of the units are leased at $1,250 per unit per month. Each unit contains 784 sf. The current rental rate is $19.13 psf per year on a gross basis. To the rear of the site there are two separate wood frame storage areas containing 480 sf and 420 sf respectively. There is a separate wood barn structure that contains 1,800 sf. The site contains 27,054 sf. The current coverage ratio suggest the possibility of surplus land for expansion. CC zoning allows many commercial uses.
Waterfront
$259,000 down
Loan amount $1,036,000
Estimated monthly principal & interest
$6,548
Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.
Century 21 Sunbelt Realty
239-283-1100