2117 Earl Rd Fort Myers, FL 33901-8015
- Assisted living facilities
- 52,993 SF
- 4.16 lot acres
Current Use by Public Records
- The Rose Garden Of Fort Myers / Assisted Living Facility
- Rose Garden Assisted Living / Assisted Living Facility
Property Details for 2117 Earl Rd
- Year built
- 2016
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 4.16 lot acres
- Property size
- 52,993 SF
- Zone code
- RM-16
- Property type
- Assisted living facilities
- Property subtype
- Retirement homes
- APN
- 25-44-24-P4-02800.0060
- APU
- 254424P4028000060
Description
This exceptional 109-unit independent living community, situated on 4.29 acres in Fort Myers, Florida, presents a compelling value-add investment opportunity. Built in 2015 and renovated in 2016, this Class B property boasts 58,061 square feet, with 27,250 square feet of net rentable space. Currently operating at 30% occupancy, the property offers significant upside potential. The 109 units comprise studios, deluxe studios, and one-bedroom apartments, many accommodating dual occupancy with an additional fee. Monthly rental rates range from $2,095 to $2,595, depending on unit size and features. The property features a U-shaped layout with double-loaded corridors, each unit including a private bathroom with a walk-in shower and closet. Extensive common areas include a lobby, reception, theater, activity rooms, spiritual room, offices, conference room, dining area, and a fully equipped commercial kitchen. Additional amenities include a beauty salon/barbershop, computer room, TV room, party space, and garden/patio areas. The property is zoned RM-16 and is conveniently located near Interstate 75 and US 41, offering easy access to major transportation routes. The property's location in Fort Myers, Lee County, benefits from a growing senior population and a desirable climate. While currently operating as independent living, the property's original design as an assisted living and memory care facility presents a potential avenue for increased revenue generation. The asking price is $13,300,000. This represents a unique chance to capitalize on the strong demand for senior living in a thriving Florida market.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Myers
- County
- Lee
- State
- Florida
- Longitude
- -81.8697
- Latitude
- 26.6131
- CBSA code
- 15980
- CBSA name
- CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA
