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Investment Highlights

  • Modern office condo combining two suites for a total of 5,874 square feet of turnkey space, offering an immediate occupancy or lease upside.
  • Over $215,000 in recent upgrades, including new HVAC systems, new paint, a new bathroom, kitchen, and water heater, and brand-new LED lighting.
  • Performing local office submarket, boasting vacancies of only 5.6% as well as attractive five-year rent growth averaging 7.1% annually.
  • Prime Downtown Fort Myers location with visibility to over 7,100 daily vehicles and convenient access options for staff and clients.
  • Walkable waterfront area offers restaurants, art galleries, boutique retailers, and cultural attractions, creating a dynamic work environment.
  • Fort Myers population has grown 8.5% since 2020, supporting a skilled workforce and robust economic expansion.

Executive Summary

Join the momentum of Downtown Fort Myers with this incredible opportunity to acquire a turnkey office condo at First Street Center, located at 2401 1st Street. Unit 300 comprises two suites for a total of 5,874 square feet on the property's third floor, offering a modern office environment that is perfect for dentists, physicians, lawyers, real estate, and all manner of professional office tenants. The space has been extensively upgraded with over $215,000 in recent improvements, including replaced HVAC systems, new bathroom consoles, carpeting, kitchen, and water heater, and all new LED lighting. Offering 24/7 secure entry, the suite delivers peace of mind and convenient access options for staff and clients. The facility features upgraded full-spectrum LED lighting throughout, designed to replicate natural sunlight for a healthier, more productive work environment while significantly reducing energy costs. With flexible Urban Center Zoning, the property is ideal for a wide range of potential uses. This designation is intended to foster live-work-play environments with a strong emphasis on walkable mixed-use development. The zoning allows for diverse applications such as live-work, office, childcare and personal care services, financial services, and more. Please visit the Data Room for more information on UTC Core zoning. Units at First Street Center are served by a dedicated condo association that provides comprehensive property management services, insurance, water and sewer, trash, janitorial, and more. The association holds significant cash reserves, enhancing stability for businesses. The new owner of Unit 300, by space, will hold the largest share of voting rights for the association. First Street Center enjoys an idyllic location at the heart of Downtown Fort Myers, situated just off the Edison Bridge. The area boasts walkable streets, lined with restaurants, art galleries, boutique retailers, and cultural attractions, delivering convenience and an energizing work environment for employees. The property is poised to greatly benefit from the upcoming Suntex Marina development project, located just one block away. This major project aims to materially improve the surrounding waterfront district, with millions of dollars in investment. This high-impact project will significantly improve the aesthetic and desirability of the neighborhood, opening the door for long-term appreciation of assets like First Street Center. Fort Myers is experiencing a period of rapid population and economic growth that creates a favorable climate for office investors. The local submarket displays vacancies of just 5.6%, with no new inventory currently under construction in the area. This high-demand environment drives consistent rent growth, with rates up an average of 7.1% annually during the past five years. When looking within 5 miles of First Street Center, Fort Myers has enjoyed steady population growth of 8.5% since 2020, with more than 157,000 current residents. These locals contribute to a highly skilled workforce of more than 98,000, with more than 89% of workers employed in service-producing industries and over 22% carrying a bachelor’s degree or higher. With consistent positive motion, Fort Myers is the perfect setting for businesses seeking a high-growth environment for their next phase of success. Combining extensive recent improvements, an easily accessible downtown location, and proximity to major revitalization projects, Unit 300 at First Street Center is the perfect acquisition for both savvy investors and growing enterprises. Property tours are by appointment only. Please contact the listing broker to schedule.

Matterport 3D Tour

3D Exterior

Offering Memorandum Click Here to Access

More Attachments

Floor Plan

Data Room Click Here to Access

Property Facts

Total Building Size 37,558 SF
Property Type Office (Condo)
Property Subtype Office/Residential
Building Class C
Floors 3
Typical Floor Size 1,411 SF
Year Built 1980
Lot Size 0.30 AC
Type of Ownership Fee Simple
Zoning U-CTR - U-CTR Urban Center (City of Fort Myers) - Permits Res/Comml Usage w/ Condo Association approval.

Amenities

  • 24 Hour Access
  • Controlled Access
  • Air Conditioning

1 Unit Available

Unit 300

Unit Size 5,874 SF
Condo Use Office
Sale Type Investment
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2020 Population
6,001
54,910
144,465
2025 Population
7,429
58,132
157,905
Population Growth '20-'25
23.8%
5.9%
9.3%
2020 Households
3,082
23,210
60,257
2025 Households
3,860
24,409
65,068
Household Growth '20-'25
25.2%
5.2%
8.0%
Average Age
48
42
43
Median Household Income
$43,478
$48,404
$55,647
Daytime Employees
12,220
34,919
98,514
Total Businesses
1,277
4,659
12,354
College Degree + Higher
26%
20%
22%
$ values in USD

Sale Advisor

Sale Advisor

Michael Frye, Broker/Owner
RE/MAX Realty Group CEO/Owner since 1985, Commercial and Residential Sales and Leasing Services, RE/MAX Hall of Fame, RE/MAX Lifetime achievement Award, RE/MAX Eagle Award, RE/MAX past #1 Commercial Team in Florida, RE/MAX Chairman Club, Platinum Club, 100% Club member, #1 Real Estate office in Ft. Myers based on MLS Listing Sold, RE/MAX Spirit Award, RE/MAX past Top Florida office for commercial and residential, RE/MAX past Broker/Owner of the Year, Multiple offices, Seaside National Bank & Trust Director, RPC Holdings Board of Director, RPC Facilities Committee Director, RPC MLS Board of Director, Commercial Alliance past ChairmanBank of Florida Director, Past Busey Bank Director, past NASD Securities Broker, Board of Governors for REIS, Secretary Director President Commercial Investment Realtors & Education, Chairman of the SW FL CCIM Chapter.

About the Auction Technology

Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact

Andrew Poyar
Auctioneer License: Ten-X Commercial, LLC Vibhav Kapila RE Brkr CQ1063389
  • Listing ID: 39833044

  • Date on Market: 2026-04-01

  • Last Updated:

  • Address: 2401 1st St, Fort Myers, FL 33901

3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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