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Property profile & analytics
FOR SALE
Retail space
17650 San Carlos Blvd Fort Myers Beach, FL 33931
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-1128859
For Sale
1 / 47
$5,799,000
17650 San Carlos Blvd, Fort Myers Beach, FL 33931
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Property summary
AI-generated overview
This exceptional 14,000-square-foot commercial property, situated on 3.5 acres at 17650 San Carlos Blvd in Fort Myers Beach, FL (zip code 33931), presents a unique investment opportunity. Built in 2006 and extensively renovated in 2022, this Class A building boasts a single story and offers ample parking with 100+ spaces. The property features a versatile open-concept layout, ideal for a variety of uses including retail, restaurant, bar, grocery store, or showroom. Its prime location on a main thoroughfare provides high visibility with 635 feet of street frontage and existing signage. The interior includes two full kitchens, multiple walk-in freezers, ample storage, restrooms, and interior and exterior LED lighting. The building also benefits from exposed HVAC and sprinkler systems throughout, along with two semi-loading docks and rear access for convenient deliveries. The property is zoned C2 and offers 3-phase power. This location provides easy access for both locals and tourists, placing your business in the heart of a thriving Southwest Florida destination. The property is currently vacant and ready for immediate occupancy. Sale, lease, and lease option possibilities are available.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,821 SF
Lot
3.51 ac (152,721 SF)
Zoning code
C-2
APN
07-46-24-00-00013.1030
UPID
US18-1128859
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Liki Tiki BBQ Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.58M
CAP Approach
CAP
$2.79M
Comparable Approach
Comparable
$3.50M
Blend (final)
Blend
$3.51M
Owner & transaction history
17650 San Carlos Blvd INC · 4 yrs held
17650 San Carlos Blvd INC
since 2022
Last sale
$3.5M
5 recorded transactions
Zoning & alternative use
C-2 · Fort Myers Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$4.7M
+8.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fort Myers Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Myers Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,550,000
ML approach
$3,580,000
CAP Approach
CAP Return
Estimation
6%
$3,020,000
6.5%
$2,790,000
7%
$2,590,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,345,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$4,720,000
Change: +9% · Conversion: Moderate
OFFICE BUILDING
$4,005,000
Change: -8% · Conversion: Easy
MEDICAL BUILDING
$3,950,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$3.51M
Range $3.15M – $3.86M · ±10% · vs last sale $3.45M (Jul 15 2022)
Last sale anchor
$3.45M
Jul 15 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$254 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$30,914
Tax year 2023
Assessed value
$2,201,499
Assessed 2023
Previous assessed
$1,647,864
+33.6% YoY
Effective rate
1.40%
On assessed value
Assessed land
$1,580,662
Assessed improvement
$620,837
Land market value
$1,580,662
Improvement market value
$620,837
Total market value
$2,201,499
Applied tax rate
75.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
13,821 SF
Lot
3.51 ac (152,721 SF)
Zoning code
C-2
APN
07-46-24-00-00013.1030
UPID
US18-1128859
Jurisdiction
LEE
Zoning & alternative use
C-2 · Fort Myers Beach, FL
Zoning C-2 · permitted uses
C-2 · Fort Myers Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Myers Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.7M
OFFICE BUILDING
Est. value
$4.0M
MEDICAL BUILDING
Est. value
$4.0M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
3.51 ac
Current owner
From public records · entity-resolved
17650 San Carlos Blvd INC
Entity
Mailing address
705 10TH ST S, NAPLES, FL 34102-6717
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2022
$3,450,000
17650 San Carlos Blvd INC
Tom L Scholl
Warranty Deed
$1,450,000 · Tom Scholl
Apr 2, 2002
$700,000
Tom L Scholl
Swf Land Management INC
Grant Deed
$600,000 · First National Bank Ft Myers
Jul 14, 2000
$450,000
Swf Management INC
Figuerdo,james & Deborah
Grant Deed
$360,000 · Suntrust Bank NA
Feb 24, 2000
$200,000
James Figuerado
Rbu International USA Council
Grant Deed
$150,000 · Worldteam USA INC
—
—
Tom L Scholl
—
Deed Of Trust
related
$18,000,000 · Branch Banking & Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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