San Carlos Blvd Office
16048 SAN CARLOS BOULEVARD, Fort Myers, FL 33908
Office - FORT MYERS, FL
Type:Office
Property size:
3,960 SFLot size:
0.69 AcresPrice / SF:
$277/SF- Added:
- Jan 25, 2026
- Days on Market:
- 110
- Last Refresh:
- May 15 at 4:06 pm
Property Features for 16048 SAN CARLOS BOULEVARD
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- C-1A
- Appliances
- Refrigerator
- Standard status
- Active
- APN
- 06-46-24-00-00003.1080
- Size
- 3,960 SF
- Lot size
- 0.69 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6910
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1986
- Flooring type
- Carpet, Laminate, Tile
- Building materials
- Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Celina Weathersby License #3459962 (813) 454-8041
Listing office POWER REAL ESTATE GROUP LLC 14910 N Dale Mabry Hwy, Spring Hill, FL (813) 454-8041
Listing date Jan 25, 2026
MLS# TB8465379
Listing URL
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Partially stabilized investment property with immediate income. Upside potential through lease‑up of vacant suite.
- Located on high‑traffic San Carlos Blvd with strong street visibility and convenient access.
- Oversized 30,000+ SF lot offering ample on‑site parking.
- Divided into four individual office suites, providing flexibility.
- Zoned C1A, supporting a wide range of professional and commercial uses.
- Surrounded by a strong mix of national and regional traffic generators.
Overview
This is a ±4,000 SF Class B stand-alone commercial office building situated on San Carlos Blvd in Fort Myers. The property is located on an oversized lot exceeding 30,000 SF, which allows for ample on-site parking. The location provides street visibility and convenient access. The building is divided into four individual office suites, offering flexibility and diversification of income. Suites one and two are occupied by the current owners, who operate an established insurance business and will remain as tenants after the sale. The third suite is vacant, allowing for upside through lease-up or owner occupancy. The fourth suite is occupied by a long-term boating company tenant. The property is zoned C1A, supporting a range of professional and commercial uses. The location is along a well-traveled commercial corridor and surrounded by a mix of national and regional traffic generators, including major retailers, service providers, and destination businesses. Nearby anchors such as big-box retail, grocery, hardware, and service-oriented centers contribute to visibility and tenant demand in the area. The property benefits from traffic counts, frontage, and residential and commercial growth throughout the surrounding trade area, enhancing income potential and long-term appreciation. This asset is suited for an investor seeking a partially stabilized property with upside, or an owner-user looking to occupy space while benefiting from existing rental income.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$756.1K
NOI $68,052 @ 9.00% cap · cautious / downside scenario
Moderate
$972.2K
NOI $68,052 @ 7.00% cap · market / base-case scenario
Aggressive
$1.36M
NOI $68,052 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $98.8k | $24.96 |
| − Vacancy | −$8.1k | −$2.05 |
| EGI | $90.7k | $22.91 |
| − OpEx | −$22.7k | −$5.73 |
| NOI | $68.1k | $17.18 |
3,960 SF · lease $24.96/SF/yr · vacancy 8.20% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$972.2K
$850.7K – $1.13M
NOI $68,052 @ 7.0% cap · market cap 6.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.25M
$1.09M – $1.45M
NOI $87,247 @ 7.0% cap · market cap 7.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Independent Insurance Solutions ...
Insurance Agency
Independent Insurance Solutions: ...
Insurance Agency
San Carlos Bay ...
Training Center
Rhodeback Sandra
Insurance Agency
Location Insight
- Map
- Local Demand
- City
- Fort Myers
- County
- Lee
- State
- Florida
- Longitude
- -81.9442126
- Latitude
- 26.5081376
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Class B office building on high-traffic San Carlos Blvd.
Where is this office building located?
The property is located at 16048 SAN CARLOS BOULEVARD Fort Myers, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Partially stabilized investment property with immediate income. Upside potential through lease‑up of vacant suite.; Located on high‑traffic San Carlos Blvd with strong street visibility and convenient access.; Oversized 30,000+ SF lot offering ample on‑site parking.
