Stand-Alone Office Building with
16048 San Carlos Blvd Fort Myers, FL 33908
16048 San Carlos Blvd, Fort Myers, FL, 33908
$950,000
For Sale
$950,000
Four separate office suites in a stand-alone building on a high-traffic commercial corridor with on-site parking and frontage.
Property Size4,000 SF
Price / SF$237.50
Days on Market178
Property Features for 16048 San Carlos Blvd
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1986
Listing agency
Power Real Estate Group
(813) 454-8041
Listed by
Celina Weathersby · License #3459962
(813) 454-8041
Source
Bartleyrealty
Added: Jan 25 Updated: Jul 22 at 12:24PM Checked: Jul 22 at 12:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Power Real Estate Group
Investment Insights
Based on property information with market context.
This stand-alone commercial office building totals approximately 4,000 SF and is divided into four individual office suites. Suites one and two are occupied by the current owners operating an established insurance business, and they will remain in place after the sale. Suite three is vacant, and suite four is occupied by a long-term boating company tenant.
The property is located on San Carlos Blvd in Fort Myers, positioned along a high-traffic commercial corridor with strong street visibility and convenient access. The site sits on an oversized lot exceeding 30,000 SF and provides ample on-site parking.
Zoned C1A, the building supports a range of professional and commercial uses, with additional context provided by nearby retail, service, and destination businesses that contribute to ongoing activity in the area.
The property is located on San Carlos Blvd in Fort Myers, positioned along a high-traffic commercial corridor with strong street visibility and convenient access. The site sits on an oversized lot exceeding 30,000 SF and provides ample on-site parking.
Zoned C1A, the building supports a range of professional and commercial uses, with additional context provided by nearby retail, service, and destination businesses that contribute to ongoing activity in the area.
Key Highlights
- ±4,000 SF stand‑alone Class B commercial office building on San Carlos Blvd
- Oversized lot exceeding 30,000 SF with ample on‑site parking and frontage
- Building divided into four individual office suites for income flexibility
Local Financial Insights For Office B
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $99.8k | $24.96 |
| − Vacancy | −$8.2k | −$2.05 |
| EGI | $91.7k | $22.91 |
| − OpEx | −$22.9k | −$5.73 |
| NOI | $68.7k | $17.18 |
4,000 SF · lease $24.96/SF/yr · vacancy 8.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$982.0K
$859.3K – $1.15M
NOI $68,740 @ 7.0% cap · market cap 7.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,128 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
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
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FAQs
What type of property is this?
Office units - Four separate office suites in a stand-alone building on a high-traffic commercial corridor with on-site parking and frontage.
Where is this office units located?
The property is located at 16048 San Carlos Blvd Fort Myers, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: ±4,000 SF stand‑alone Class B commercial office building on San Carlos Blvd; Oversized lot exceeding 30,000 SF with ample on‑site parking and frontage; Building divided into four individual office suites for income flexibility
