Financial
Distress signals
Property profile

3900 Broadway Fort Myers, FL 33901

FOR SALE
Medical Office Space
Property ID
US19-0430554
10,412 SF 2.72 ac lot Built 1973
Last sale Aug 2012 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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3900 Broadway, Fort Myers, FL 33901 For Sale
$3,400,000 10,412 SF
3900 Broadway, Fort Myers, FL 33901
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Property summary

AI-generated overview

The property is a multi-building commercial complex comprising four concrete block buildings on a site of just over two acres, providing more than 24,000 square feet of leasable space. It has approximately 240 feet of frontage on Broadway and is served by more than 100 parking spaces. The property is positioned along a commercial corridor with nearby residential areas up the block and is located across the street from the Edison Mall redevelopment area. Unit finishes include newer laminate

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$32k
Tax billed · 2023
Assessed value$2.37M
Assessed land$274k
Assessed improvement$2.10M
Effective rate1.33%

Value estimate

· Sep 2026
$2.00M
$1.80M – $2.20M
CAP approach$2.01M
Submarket $/SF estimate$1.69M
NOI build-up
Gross scheduled income$547k
Vacancy & credit loss−$47k
Operating expenses−$200k
NOI · 8.84% cap applied$300k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$266/SF
Submarket average, outlier-cleaned · 66 recorded sales of this use type
Observed band · Q1–Q3$150 – $377

Cap rate analysis

How does the asset earn?
8.84%
$300k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C2
JurisdictionLEE

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop15.5
Electrical Service13.6
Parking Facility12.5

Location

3900 Broadway Fort Myers, FL 33901
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3840 Broadway, Fort Myers, FL 33901-8108 $1,200,000 Dec 2024 8,372 SF
3680 Broadway, Fort Myers, FL 33901-8005 $2,000,000 Aug 2024 13,368 SF
3722 Central, Fort Myers, FL 33901-8247 $1,000,000 Jan 2024 10,021 SF
3700 Central, Fort Myers, FL 33901-7649 $3,600,000 Apr 2023 14,654 SF
2565 Cleveland, Fort Myers, FL 33901-4906 $8,730,000 Aug 2021 10,202 SF
2665 Cleveland, Fort Myers, FL 33901-5850 $1,100,000 Feb 2020 11,026 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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