Catylist Listing ID: 30193684
Property Subtypes: Business Park, Medical, Mixed Use, Office Building
Building Size (RSF): 6,618 SF
Gross Land Area: 17,500 SF
Sale Price: $900,000
Unit Price: $135.99 PSF
Property Use Type: Vacant/Owner-User
Building Name: 1516 Royal Palm
Class of Space: Class B
Usable Size (USF): 6,618 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/24/2018

Overview / Comments

This building is a two story 6,618 s.f. masonry
stucco construction with concrete 2nd floor, built in
1985. Recently remodeled, new roof, paint, 2 new
HVAC units, new electrical panels and wood laminate
floors.
1st Floor Layout includes, Large Lobby, Foyer, 3
large open spaces, 3 Private offices, break room with
kitchen and 1 ADA restroom. First floor includes a
small storeroom with roll up door.
2nd Floor Layout includes large open areas with
1 private office, Private 2nd floor staircase directly to
outside, and 2 private restrooms.
Lot Size - 100 X 175, lake front lot.
Zoned CG (Commercial General)

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $8,010 (Annual)

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 02-45-24-P1-00400.0020
Zoning: CG - COMMERCIAL GENERAL
Property Located Between: Colonial/Summerlin/McGregor
Property Visibility: Excellent
Highway Access: Property lies just South of Colonial, West of Summerlin Road and East of McGregor Blvd. Great location, only minutes from Downtown Fort Myers, US 41, South Fort Myers & Cape Coral.
Airports: Page Field within 5 miles, SWR within 10 miles
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1985
Year Renovated: 2014
Roof Type: Hip
Construction/Siding: Block, Stucco
Parking Type: Surface
Total Parking Spaces: 15
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: DSL
Interior Description: 1st Floor Layout includes, Large Lobby, Foyer, 3 large open spaces, 3 Private offices, break room with kitchen and 1 ADA restroom. First floor includes a small storeroom with roll up door. 2nd Floor Layout includes large open areas with 1 private office, Private 2nd floor staircase directly to outside, and 2 private restrooms
Zoning Description: CG - Commercial General Office Retail and Medical permitted
Part of Planned Development?: Yes
Lot Frontage: 100
Lot Depth: 175
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress, Water Rights, Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,896 68,182 175,828
Median Age: 37.95 42.9 45.49
Households: 5,257 30,387 77,605
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