Stand-Alone Office Building with Four
For Sale
$950,000
16048 San Carlos Blvd, Fort Myers, FL 33908
COMMERCIAL - FORT MYERS, FL
Property Size4,000 SF
Lot Size0.69 Acres
Price / SF$237.50
Days on Market187
Property Features for 16048 San Carlos Blvd
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
C-1A
Parking
18
Directions
From US-41 (Tamiami Trail), head south on San Carl
Subdivision
FM12 - Fort Myers Area
Standard status
Active
APN
06-46-24-00-00003.1080
Lot size
0.69 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PARL IN N W 1/4 AS DESC IN OR 1812 PG 1446 LESS R/W
Tax Annual Amount
6910
Legal Description
PARL IN N W 1/4 AS DESC IN OR 1812 PG 1446 LESS R/W
Utilities
Utilities
Phone Available
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Building Details
Year built
1986
Floors in Building
1
Listing Agency:
Power Real Estate Group
(813) 454-8041
Listed By:
Celina Weathersby · License #3459962
(813) 454-8041
Added: Jan 25
Changed: Jul 20
Last Checked: Jul 31 at 6:06PM
MLS# 226004145
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.
Investment Insights
Based on property information with market context.
This stand-alone commercial office building contains four individual suites within a Class B property configuration. Suites one and two are occupied by the current owners operating an insurance business and are expected to remain in place after the sale. Suite three is vacant, providing space for immediate leasing or owner occupancy. Suite four is occupied by a long-term tenant, contributing in-place income.
The property is located on San Carlos Blvd in Fort Myers, described as a high-traffic corridor with strong street visibility and convenient access. The site sits on an oversized lot exceeding 30,000 SF and is supported by ample on-site parking.
Zoned C-1A, the building supports a wide range of professional and commercial uses. The current layout and tenant mix make it suitable for an investor seeking partial stabilization alongside additional upside through lease-up, or for an owner-user looking to occupy vacant or additional space while benefiting from existing rental income.
The property is located on San Carlos Blvd in Fort Myers, described as a high-traffic corridor with strong street visibility and convenient access. The site sits on an oversized lot exceeding 30,000 SF and is supported by ample on-site parking.
Zoned C-1A, the building supports a wide range of professional and commercial uses. The current layout and tenant mix make it suitable for an investor seeking partial stabilization alongside additional upside through lease-up, or for an owner-user looking to occupy vacant or additional space while benefiting from existing rental income.
Key Highlights
- +/-4,000 SF stand‑alone commercial office building on high‑traffic San Carlos Blvd in Fort Myers, built in 1986
- Four individual office suites—Suites 1 and 2 occupied by current owners (insurance business) and Suite 4 occupied by a long‑term boating company tenant
- Oversized lot exceeding 30,000 SF with ample on‑site parking and convenient access
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Office units
75%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
769
Businesses Nearby
Explore this area
Business Placement
Demographics for 33908, FL
43,110
Population
32,067
Households
1.3
Avg Household Size
63
Median Age
44%
College-Educated
96%
High-School Grad
34.2 sq mi
ZIP Area
1,261
Density / Sq Mi
$74,711
Median Household Income
$50,063
Median Earnings
$1,829
Median Rent
$346,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Stand-alone office building offers four separate suites on an oversized lot with on-site parking.
Where is this office building 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 commercial office building on high‑traffic San Carlos Blvd in Fort Myers, built in 1986; Four individual office suites—Suites 1 and 2 occupied by current owners (insurance business) and Suite 4 occupied by a long‑term boating company tenant; Oversized lot exceeding 30,000 SF with ample on‑site parking and convenient access
