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Newton Place 7128 Estero Blvd 7,709 SF Vacant Office Building Fort Myers, FL 33931 $4,321,648 CAD ($560.60 CAD/SF)



Investment Highlights
- Busy Island Location Directly Across The Street From Santini Plaza
- Office opportunity with reatil possibility
- Surrounded By High-rise Condos and High-end Retail
- Amazing Retail Hub for Fort Myers Beach
Executive Summary
Presenting an exceptional owner-user office opportunity with retail rezoning potential at 7128-7138 Estero Boulevard. This 7,709 SF building, offers a prime location in the Presenting an exceptional owner-user office opportunity with retail rezoning potential at 7128-7138 Estero Boulevard. This 7,709 SF building, offers a prime location in the Southwest Florida area, making it an ideal investment for owner-users seeking an office or retail opportunity. This property is strategically positioned across from Santini Plaza, amidst high-rise condos, and high-end retail. Boasting a coveted position as the first area of Fort Myers Beach to recover, this property holds promise as a thriving retail space. Discover the potential of this dynamic property and seize the opportunity for a rewarding owner-user investment with retail rezoning potential.
The building was evaluated by the engineer and found to be structurally sound.
The building is under the 50% rule, allowing for substantial rebuilding.
Contractor estimates high end rebuilding cost at $155.00 psf.
The building was evaluated by the engineer and found to be structurally sound.
The building is under the 50% rule, allowing for substantial rebuilding.
Contractor estimates high end rebuilding cost at $155.00 psf.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Office
Property Subtype
Building Size
7,709 SF
Building Class
C
Year Built
1979
Price
$4,321,648 CAD
Price Per SF
$560.60 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,709 SF
Building FAR
0.26
Lot Size
0.67 AC
Zoning
CO - Fort Myer Beach Zoning Commercial Office
Parking
29 Spaces (3.76 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Monument Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 03-47-24-W1-00008.0010 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,665,903 CAD |
Property Taxes
Parcel Number
03-47-24-W1-00008.0010
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,665,903 CAD
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Newton Place | 7128 Estero Blvd
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