506 SE 47th Terrace Cape Coral, FL 33904

Listing office SVN - Commercial Partners | Fort Myers j***@svn.com Show Phone

Listing date Nov 21, 2025

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Investment Insights

Based on property information with market context.

This medical office building features an existing MRI center, including equipment and business for sale. The office buildout includes an MRI room and an X-ray room built to code for medical imaging standards. The MRI and X-ray rooms include approximately $2,000,000 in improvements. The property is located in busy Cape Coral Downtown, close to the corner of Cape Coral Parkway and Palm Tree Blvd. It is next door to the current Lee Physician Group for Internal Medicine in the Lee Memorial Health System-owned building. The location benefits from over 35,000 AADT at Cape Coral Parkway E. and Palm Tree Drive, with the building situated one parcel from Cape Coral Parkway. There are two tenants: an Imaging Center (Owner-User) and Physician Services & Rehab (Short-term Tenant). A new Lee Health Clinic at Bimini Square is expected to occupy most of the 1st floor and is slated to open Summer of 2025. The project includes retail, office, a waterfront restaurant, and 218 apartments and is located on the south side of Cape Coral Pky. Lee County is experiencing a growing population, adding 90 residents per day. The property size is 4891 square feet.

Key Highlights

• Existing MRI Center with Equipment and Business Included
• Prime Location in Busy Cape Coral Downtown
• MRI and X‑ray Rooms with $2,000,000 in Improvements

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FAQs

What type of property is this?

Medical Office Space - Medical office building with existing MRI center in Cape Coral.

Where is this medical office space located?

The property is located at 506 SE 47th Terrace Cape Coral, FL.

What are key features of this property?

This property features: Existing MRI Center with Equipment and Business Included; Prime Location in Busy Cape Coral Downtown; MRI and X‑ray Rooms with $2,000,000 in Improvements