First-Floor Office
For Sale
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16521 San Carlos Blvd 120, Fort Myers, FL 33908
Flexible office layout with a private office and dedicated restroom in a first-floor suite.
Property Size7,360 SF
Price / SF$0.02
Days on Market56
Property Features for 16521 San Carlos Blvd 120
General Information
Standard status
Active
Size
7,360 SF
Property subtype
Commercial
Additional Details
Floor
1st Floor
Taxes and HOA fees
Annual Taxes
$12,683
Building Details
Building Size
7,360 SF
Year Built
1982
Stories
2
Listing Agency:
RE/MAX Realty Group
Listed By:
Pam Bratton · License #BK3228228
(239) 989-7077
Source:
Elliman
Added: Sep 6
Changed: Oct 26
Last Checked: Oct 30 at 2:52PM
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 RE/MAX Realty Group
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Investment Insights
Based on property information with market context.
Suite 120 provides 800± SF of first-floor office space with an open configuration, one private office, and a dedicated restroom. The suite was part of a building constructed in 1982.
Located at 16521 San Carlos Blvd in Fort Myers, the property sits between Summerlin Rd and Kelly Rd. The area records a BikeScore of 57 and a WalkScore of 23, reflecting bikeable conditions and car-dependent access.
Located at 16521 San Carlos Blvd in Fort Myers, the property sits between Summerlin Rd and Kelly Rd. The area records a BikeScore of 57 and a WalkScore of 23, reflecting bikeable conditions and car-dependent access.
Key Highlights
- 800± SF first‑floor office suite
- Open floorplan with one private office
- Dedicated restroom within the suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,748
Suggested Prices Based on Cap Rates
Cap Rate 5%
$274,960
$275.0K
Cap Rate 7%
$196,400
$196.4K
Cap Rate 9%
$152,756
$152.8K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$20.0K $24.96/SF
− Vacancy
−$1.6K −$2.05/SF
EGI
$18.3K $22.91/SF
− OpEx
−$4.6K −$5.73/SF
NOI
$13.7K $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%
$274,960
Cap Rate 7%
$196,400
Cap Rate 9%
$152,756
Alternative Uses
Best Use
Office B
$196.4K
$171.9K – $229.1K
NOI $13,748 @ 7.0% cap · market cap 80,870.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$251.8K
$220.3K – $293.8K
NOI $17,626 @ 7.0% cap · market cap 103,682.35%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
582
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Flexible office layout with a private office and dedicated restroom in a first-floor suite.
Where is this office unit located?
The property is located at 16521 San Carlos Blvd 120 Fort Myers, FL.
What are key features of this property?
This property features: 800± SF first‑floor office suite; Open floorplan with one private office; Dedicated restroom within the suite
