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C-2 Office Building with Frontage
For Sale
$1,750,000

1357 N Tamiami Trl, North Fort Myers, FL 33903

Commercial Sale, NORTH FORT MYERS, FL

Property Size8,126 SF
Lot Size0.83 Acres
Price / SF$215.36
Days on Market404

Property Features for 1357 N Tamiami Trl

General Information

Property type Commercial Sale
Property subtype Office
Zoning C-2
Fencing Fenced
Directions Turn off N Tamiami Trl prior to the bridge
Subdivision FN06 - North Fort Myers Area
Standard status Active
APN 02-44-24-03-0000A.0260
Lot size 0.83 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description KANTZ TOWN OF BLK A PB 1 PG 19 S1/2 LT24 W OF RD + LTS 26+28LESR/WOR2342/1504
Tax Annual Amount 13734
Legal Description KANTZ TOWN OF BLK A PB 1 PG 19 S1/2 LT24 W OF RD + LTS 26+28LESR/WOR2342/1504

Building Details

Year built 1950
Floors in Building 1
Listing Agency: Realty One Group MVP
Listed By: Joanne Fultz
Added: Sep 20, 2025 Changed: Oct 22 Last Checked: Oct 28 at 5:06PM
MLS# 225071600

Copyright © 2026 Coconut Coast Organization of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The property is an 8,126-square-foot commercial office building constructed in 1950 on a fenced site with monument signage and approximately 24 parking spaces. C-2 zoning supports office, medical office, and retail uses, providing flexibility for professional services or a mixed office configuration. Existing leases are approaching expiration, while the building can also accommodate an owner-user occupying some or all of the premises.

The building fronts N Tamiami Trail in North Fort Myers, a corridor identified with traffic counts exceeding 30,000 vehicles per day. It is approximately 2 miles from downtown Fort Myers and I-75. Several nearby multifamily developments are under construction, including projects identified as Alary with 272 units, Horizon Tamiami with 468 units, and Hancock Bridge Square with 320 units.

Key Highlights

  • 8,126‑square‑foot commercial building constructed in 1950
  • C‑2 zoning supports office, medical office, and retail uses
  • 0.83‑acre fenced lot with signage and approx 24 parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$139,645
Cap Rate
7.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,792,900 $2.8M
Cap Rate 7%
$1,994,929 $2.0M
Cap Rate 9%
$1,551,611 $1.6M
Market Conditions
NOI Build-Up for 8,126 SF
Gross rent
$202.8K $24.96/SF
− Vacancy
−$16.6K −$2.05/SF
EGI
$186.2K $22.91/SF
− OpEx
−$46.5K −$5.73/SF
NOI
$139.6K $17.18/SF
Area
Lee County, FL
Vacancy
8.20%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,792,900
Cap Rate 7%
$1,994,929
Cap Rate 9%
$1,551,611

Alternative Uses

Best Use
Office B
$1.99M
$1.75M – $2.33M (±1% cap)
NOI $139,645 @ 7.0% cap · market cap 7.98%
Second Best
Retail
$1.52M
$1.33M – $1.78M (±1% cap)
NOI $106,599 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$2.56M
$2.24M – $2.98M (±1% cap)
NOI $179,032 @ 7.0% cap · market cap 10.23%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Locksmith Carpet & Flooring Store Catering Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

30,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

781
Businesses Nearby

Demographics for 33903, FL

23,294
Population
15,400
Households
1.5
Avg Household Size
61
Median Age
24%
College-Educated
89%
High-School Grad
11.3 sq mi
ZIP Area
2,061
Density / Sq Mi
$56,317
Median Household Income
$32,452
Median Earnings
$1,152
Median Rent
$135,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Office property with C-2 zoning, signage, fencing, and flexibility for professional or medical office operations.
Where is this office building located?
The property is located at 1357 N Tamiami Trl North Fort Myers, FL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 8,126‑square‑foot commercial building constructed in 1950; C‑2 zoning supports office, medical office, and retail uses; 0.83‑acre fenced lot with signage and approx 24 parking spaces
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