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About This Home

This 0-bedroom, 0-bathroom commercial at 3900 Broadway in Fort Myers, FL is listed for $3,400,000. on a 2.72 acres lot.

Agent Description

The best passive income property money can buy is being sold for HUNDREDS OF THOUSANDS under Appraised value! Over $33,000 a month in gross rent with the ability build an additional 4 stories taller, giving you a solid return on your investment with the potential to add on dozens of more rental units!

Located across from the street from the soon-to-be redeveloped Edison Mall, these 4 concrete block buildings sitting on over 2+acres are 95% leased to great, long term tenants with security deposits and advanced rents, mostly in the medical or professional fields and is a very well kept & well run property!

Property is grandfathered in for a local well to use for irrigation, saving you money on your lawn bill! Simple expenses such as water, landscaping, insurance and taxes. Tenants pay their own electric. 24000+ Sq ft of lease-able space, 240 Ft of Broadway frontage, over 100 parking spaces and borders other commercial properties with residential just up the block.

Newer laminate flooring in most units. See Supplements for Offering Packet with full details and appraisal information. Local owner is retiring, this is your opportunity to have a long term investment in a rapidly growing part of Fort Myers.

Key Features

  • 2.72 acre lot
  • 115 parking spaces

Property Details

115 spaces

Monthly Cost Estimate

$18,184/mo

20% down · 6.5% · 30 years

Principal$2,459
Interest$14,733
Insurance$992

Estimates only. Actual payments may vary.

Location

3900 Broadway

Fort Myers, FL 33901

Features & Amenities

Interior Features

Security System

Property Details

Flooring

Laminate

Construction

BlockBrickBrick Veneer

Heating

CentralElectric (Heating)

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 3900 Broadway is listed at $3,400,000. The estimated monthly payment is $14,733 based on 20% down at 6.5% interest.

Key features include: 2.72 acre lot, 115 parking spaces. Interior Features: Security System.

This property is listed by Gina Middleton and can be reached at 4079635799 or Gina2405@hotmail.com.

GM

Gina Middleton

Agent at Realty One Group MVP

(407) 963-5799

Listed by Realty One Group MVP · View on Broker Site

MLS# A11991274· Source: listhub· Updated today

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3900 Broadway, Fort Myers, FL 33901

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