2531 South Cleveland Ave Fort Myers, FL 33907
For Sale
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This exceptional two-story, 37,960 square foot Class B medical office building presents a unique investment or owner-user opportunity in the heart of Fort Myers, Florida. Located on 2.79 acres with 450 linear feet of frontage on highly trafficked Cleveland Avenue (AADT: 41,500), this property boasts unparalleled visibility and accessibility. Built in 1981 and renovated in 2000, the building features approximately 50 exam rooms and 30 private offices, along with ample open office/storage areas, meeting rooms, conference spaces, and reception areas. A detached single-story building provides additional office or storage capacity. Its proximity to Lee Health Memorial Hospital (0.2 miles), Downtown Fort Myers (1 mile), and major roadways ensures high traffic and convenient access. The property is currently vacant, offering a blank canvas for a medical practice or adaptable for professional office and higher education uses. With its substantial size and versatile layout, this building can easily accommodate multiple tenants, making it an ideal investment for generating rental income. The property includes 216 surface parking spaces. This offering represents one of the last remaining medical office buildings of this size in the desirable Fort Myers submarket and is being offered well below replacement cost. The permitted zoning is CI. The property's APN numbers are: 244424P40070D0110
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Tilia Gonzalez Physician
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Tom Hong Physician
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Alika Wood Physician
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Ryan Nelson Physician
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Michael Gartland Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Fort Myers, FLFort Myers. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.