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    Freestanding Commercial Property on San Carlos Title is generated by Realmo AI

    17650 San Carlos Boulevard, Fort Myers Beach, FL 33931

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    For Sale
    $5,799,000

    COMMERCIAL - Fort Myers Beach, FL

    Type:Retail
    Property size:
    14,000 SF
    Lot size:
    3.51 Acres
    Price / SF:
    $414/SF
    Added:
    Mar 22, 2026
    Days on Market:
    50
    Last Refresh:
    May 10 at 7:06 pm

    Property Features for 17650 San Carlos Boulevard

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    07-46-24-00-00013.1030
    Size
    14,000 SF
    Lot size
    3.51 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    PARL IN E 1/2 OF SW 1/4 DESC IN OR 3223 PG 4138 LES R/W OR 2596 PG1176
    Tax Annual Amount
    30914

    Building Details

    Year built
    2006
    Floors in Building
    1

    We can help!

    Listing Contact
    Mark Vancosky
    Mark Vancosky

    Listing agent Mark Vancosky License #258023771

    Listing office ERA Right Choice Realty 9001 Daniels Parkway, #102, Ft Myers, FL

    Listing date Mar 22, 2026

    MLS# 2026012344

    Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location on San Carlos Blvd, a high‑traffic corridor.
    • Large 3.5‑acre lot with C‑2 zoning offering versatility.
    • Substantial +/-14,000 SF building with a flexible layout, dual kitchens and a private dining room.
    • Ample parking with approximately 100 spaces and dual access points.
    • Well‑maintained building featuring classic Olde Florida design with vaulted ceilings and natural wood accents.
    • Freestanding commercial property, a rare opportunity.

    Overview

    This freestanding commercial property is located on approximately 3.5 acres along San Carlos Boulevard, between Summerlin Road and Fort Myers Beach. The property includes a well-maintained approximately 14,000 square foot building designed in a classic Olde Florida style, featuring vaulted ceilings and natural wood accents. The current layout offers a flexible mix of retail and restaurant space, including dual kitchen areas and a private dining room. The property is suitable for a variety of business operations. The site includes a large paved and striped parking area with approximately 100 spaces, along with dual access points. Zoned C-2, the 3.5-acre site is ideal for continued use, reconfiguration, or future redevelopment. The size and layout of the land offer potential for a wide range of commercial applications.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Liki Tiki BBQ Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Myers Beach
    County
    Lee
    State
    Florida
    Longitude
    -81.944614
    Latitude
    26.484685

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    FAQs

    What type of property is this?
    Retail space - 3. 5-acre commercial property with versatile retail/restaurant space.
    Where is this retail space located?
    The property is located at 17650 San Carlos Boulevard Fort Myers Beach, FL.
    What is the asking price?
    The asking price for this property is $5,799,000.
    What are key features of this property?
    This property features: Prime location on San Carlos Blvd, a high‑traffic corridor.; Large 3.5‑acre lot with C‑2 zoning offering versatility.; Substantial +/-14,000 SF building with a flexible layout, dual kitchens and a private dining room.
    (570) 687-3271
    We can help!
    Listing Contact
    Mark Vancosky
    Mark Vancosky
    Real Estate License ID: 258023771
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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