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Property profile & analytics
FOR SALE
Office buildings

6035 Estero Blvd Fort Myers Beach, FL 33931

3,461 SF 0.27 ac lot Built 1969
Entity Owned 1-yr Hold Free & Clear
Property ID
US18-4575412
Property summary
AI-generated overview

This exceptional Class A, multi-tenant storefront property at 6035 Estero Blvd, Fort Myers Beach, FL 33931, presents a compelling investment opportunity. The 3,460 square foot building, comprised of four separate units, is fully leased, offering immediate cash flow. Constructed of concrete block with a metal roof, the property underwent a complete renovation in 2023 following Hurricane Ian, exceeding building codes with impact windows and doors, new drywall, electrical wiring and panels, updated bathrooms and flooring, and four brand new A/C systems. The property also boasts fresh paint, ample parking, and low-maintenance landscaping. The current zoning (CB) allows for a variety of uses, and a recent Town of Fort Myers Beach zoning update is pending recording, which will further expand permitted uses to include restaurants, retail, and medical facilities. The property currently features one five-year lease and two one-year leases, with tenants expressing interest in lease extensions, ensuring strong leasehold stability. Additionally, there is potential for the addition of a residential unit, subject to approval, which could generate further rental income. This turnkey investment is offered at $1,895,000 and is suitable for a 1031 exchange.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1969
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,461 SF
Lot 0.27 ac (11,848 SF)
Zoning code CB
APN 33-46-24-W3-00008.0000
UPID US18-4575412
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
  • Andrew C. Cochrane P.A. Realtor Real Estate Agency
  • ERA Lahaina Realty Real Estate Agency
  • Fort Myers Beach Waterfront Real Estate Agency
  • Veronique Pascual Real Estate Agency
  • Teresa Carson Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$760k
CAP Approach CAP
$975k
Comparable Approach Comparable
by Request
Blend (final) Blend
$780k
Owner & transaction history
Sullivan Management INC · 1 yrs held
Sullivan Management INC
since 2025
Last sale
$550,000
4 recorded transactions
2025
$1.5M
2020
Price N/A
1999
$550,000
1969
Price N/A
Zoning & alternative use
CB · Fort Myers Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $1.2M +18.0%
Retail stores $1.1M +8.5%
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More about this property
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