Luxury Garage
16255 Pine Ridge Rd #404 Fort Myers, FL 33908
16255 Pine Ridge Rd #404, Fort Myers, FL, 33908
$559,000
For Sale
$559,000
Luxury garage condo with soaring ceilings, expansive open space, and oversized access doors within a secure, low-maintenance setting.
Property Size2,100 SF
Price / SF$266.19
Days on Market52
Property Features for 16255 Pine Ridge Rd #404
General Information
- Standard status
- Active
- Size
- 2,100 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2026
Listing agency
Royal Shell Real Estate, Inc.
(239) 850-7888
Listed by
Michael McMurray · License #280500145
(239) 850-7888
Source
Bartleyrealty
Added: Jun 1 Updated: Jul 22 at 7:10AM Checked: Jul 22 at 7:10AM
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 Royal Shell Real Estate, Inc.
Investment Insights
Based on property information with market context.
This luxury garage condo offers expansive open space and soaring ceilings, designed around oversized access doors for flexible vehicle and equipment storage. The unit’s layout also supports a custom second-floor mezzanine concept, giving additional room for workspace, recreation, or office use.
The property is described as secure and low-maintenance, with convenient access to major roadways for practical day-to-day movement in and out of the facility.
While the current configuration is positioned for automotive and collection-focused use, the design fundamentals—height, openness, and large door access—are well suited for storage, workshop activity, and adding an upper-level mezzanine when desired.
The property is described as secure and low-maintenance, with convenient access to major roadways for practical day-to-day movement in and out of the facility.
While the current configuration is positioned for automotive and collection-focused use, the design fundamentals—height, openness, and large door access—are well suited for storage, workshop activity, and adding an upper-level mezzanine when desired.
Key Highlights
- 2,100 SF luxury garage condo built in 2026
- Soaring ceilings with expansive open space
- Oversized access doors for vehicle storage and workspace setups
Local Financial Insights For Retail
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 | $40.6k | $19.32 |
| − Vacancy | −$1.2k | −$0.58 |
| EGI | $39.4k | $18.74 |
| − OpEx | −$11.8k | −$5.62 |
| NOI | $27.5k | $13.12 |
2,100 SF · lease $19.32/SF/yr · vacancy 3.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$393.5K
$344.4K – $459.1K
NOI $27,548 @ 7.0% cap · market cap 4.93%
Second Best
Warehouse
$305.9K
$267.6K – $356.9K
NOI $21,411 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$661.0K
$578.3K – $771.1K
NOI $46,267 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Summerlin Self Storage — 16281 Pine Ridge Rd, Fort Myers, FL 33908
- Island Storage Suites — 10950 Old S Way, Fort Myers, FL 33908
- SW Florida Marine — 16820 san carlos blvd, fort myers, fl 33908
- CubeSmart Self Storage — 11591 Chitwood Dr, Fort Myers, FL 33908
- Extra Space Storage — 16590 San Carlos Blvd, Fort Myers, FL 33908
FAQs
What type of property is this?
Warehouse - Luxury garage condo with soaring ceilings, expansive open space, and oversized access doors within a secure, low-maintenance setting.
Where is this warehouse located?
The property is located at 16255 Pine Ridge Rd #404 Fort Myers, FL.
What is the asking price?
The asking price for this property is $559,000.
What are key features of this property?
This property features: 2,100 SF luxury garage condo built in 2026; Soaring ceilings with expansive open space; Oversized access doors for vehicle storage and workspace setups
