Three-Suite Medical Office
For Sale
$449,000
13960 Stringfellow Road, Bokeelia, FL 33922
Commercial Sale, Bokeelia, FL
Property Size2,352 SF
Lot Size0.28 Acres
Price / SF$190.90
Days on Market36
Property Features for 13960 Stringfellow Road
General Information
Property type
Commercial Sale
Property subtype
Other
High school district
000000
Directions
From Pine Island Road, turn right (north) on Stringfellow Road. Follow along about 3.5 miles. Property is on East/Right side of Road.
Standard status
Active
APN
08-44-22-02-00012.0090
Lot size
0.28 Acres
Listing Agency:
National Land Realty, Tampa, FL
Listed By:
Justus Koester · License #BK3458696
(855) 384-5263
Added: Sep 28
Changed: Oct 6
Last Checked: Nov 2 at 3:06AM
MLS# 12008461
Copyright © 2026 My State MLS. 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.
This 2,352-square-foot building on approximately 0.28 acres is arranged as three independent suites, each with a private entrance and HVAC system. The interior was previously configured for medical offices and includes reception areas, private rooms, tile flooring, and kitchenettes. The largest suite has three private rooms, two restrooms, a kitchenette, and additional office space. CS zoning is noted, with any intended use subject to verification and applicable approvals.
The property fronts Stringfellow Road in Bokeelia, with approximately 80 feet of road frontage and 12 on-site parking spaces, including two accessible spaces. The owner reports that the property sustained no flooding or damage from Hurricane Ian.
The property fronts Stringfellow Road in Bokeelia, with approximately 80 feet of road frontage and 12 on-site parking spaces, including two accessible spaces. The owner reports that the property sustained no flooding or damage from Hurricane Ian.
Key Highlights
- Three separate suites, each with its own entrance and HVAC system
- Approximately 2,352 square feet on 0.28+/- acres
- Approximately 80 feet of frontage on Stringfellow Road
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
3
Office units
Multi-tenant
Tenancy
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
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Separate entrances and HVAC systems provide independent operation across the building’s three suites.
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 on 0.28+/- acres; Approximately 80 feet of frontage on Stringfellow Road
