Three-Suite Medical
For Sale
$449,000
13960 Stringfellow Road, Bokeelia, FL 33922
CommercialSale, Bokeelia, FL
Property Size2,352 SF
Lot Size0.26 Acres
Price / SF$190.90
Days on Market33
Property Features for 13960 Stringfellow Road
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
CS
Directions
From Pine Island Road, turn right (north) on Stringfellow Road. Follow along about 3.5 miles.
Subdivision
PI01 - Pine Island (North)
Standard status
Active
APN
08-44-22-02-00012.0090
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PINE ISLAND ESTATES NO 1 BLK 12 PB 10 PG 59 LOTS 9 THRU 12
Tax Annual Amount
12174
Legal Description
PINE ISLAND ESTATES NO 1 BLK 12 PB 10 PG 59 LOTS 9 THRU 12
Building Details
Year built
1982
Floors in Building
1
Listing Agency:
National Land Realty LLC
Listed By:
Justus Koester · License #258022642
(941) 322-7002
Added: Oct 5
Last Checked: Nov 6 at 12:06PM
MLS# 2026041882
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.
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Investment Insights
Based on property information with market context.
The medical and professional office building contains approximately 2,352 square feet arranged across three independent suites. Each suite has its own entrance and HVAC system. Interior features include reception areas, private rooms, tile flooring, and kitchenettes. The largest suite has three private rooms, two restrooms, a kitchenette, and additional office space. The building was constructed in 1982 and is zoned CS.
Stringfellow Road frontage measures approximately 80 feet. The site has 12 parking spaces, including two accessible spaces.
Stringfellow Road frontage measures approximately 80 feet. The site has 12 parking spaces, including two accessible spaces.
Key Highlights
- Three separate suites, each with its own entrance and HVAC system
- Approximately 2,352 square feet of interior space
- Largest suite includes three private rooms, two restrooms, a kitchenette, and additional office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,419
Cap Rate
9.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$808,380
$808.4K
Cap Rate 7%
$577,414
$577.4K
Cap Rate 9%
$449,100
$449.1K
Market Conditions
NOI Build-Up for 2,352 SF
Gross rent
$58.7K $24.96/SF
− Vacancy
−$4.8K −$2.05/SF
EGI
$53.9K $22.91/SF
− OpEx
−$13.5K −$5.73/SF
NOI
$40.4K $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%
$808,380
Cap Rate 7%
$577,414
Cap Rate 9%
$449,100
Alternative Uses
Best Use
Office B
$577.4K
$505.2K – $673.7K
NOI $40,419 @ 7.0% cap · market cap 9.00%
Second Best
Healthcare Medical
$420.6K
$368.0K – $490.7K
NOI $29,440 @ 7.0% cap · market cap 6.56%
Theoretical Best
Office A
$740.3K
$647.7K – $863.7K
NOI $51,819 @ 7.0% cap · market cap 11.54%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
3
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33922, FL
4,326
Population
2,925
Households
1.5
Avg Household Size
59
Median Age
34%
College-Educated
87%
High-School Grad
20.9 sq mi
ZIP Area
207
Density / Sq Mi
$68,579
Median Household Income
$34,503
Median Earnings
$1,110
Median Rent
$330,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Medical Office Space in Lee County, FL
Properties on Market for Medical Office Space in Lee County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Each suite has a dedicated entrance and HVAC system, supporting separate occupancy within the building.
Where is this medical office space located?
The property is located at 13960 Stringfellow Road Bokeelia, FL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Three separate suites, each with its own entrance and HVAC system; Approximately 2,352 square feet of interior space; Largest suite includes three private rooms, two restrooms, a kitchenette, and additional office space
