1529 Hendry StFort Myers, FL 33901

Property Details for 1529 Hendry St

Year built

1951

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.10 AC

Property size (Sq ft)

3,699 SF

Zone code

U-CTR

Property type

Office properties

Property subtype

Office buildings

APN

13-44-24-P4-01400.0040

APU

134424P4014000040

Description

This exceptional 3,699± sq. ft. office building, located in the heart of downtown Fort Myers, Florida, presents a unique investment opportunity for owner-users and investors alike. Completely modernized in 2022, the property boasts a fresh, move-in ready interior featuring updated bathrooms, a renovated kitchen/break area, a refreshed conference room, new flooring and lighting throughout, and a brand-new HVAC system, including three roof-mounted package units. The single-story building sits on a 0.11-acre lot and is zoned U-CTR. Its spacious, open layout is adaptable to various business needs. The building's prime location on Hendry Street provides convenient access to numerous restaurants, retail shops, government offices, and the Caloosa Sound Convention Center. Four exclusive parking spaces are included—a rare amenity in the downtown area. The asking price is $1,250,000, with a price per square foot of $337.93. The property's address is 1529/1531 Hendry Street, Fort Myers, FL 33901 (APN: 13-44-24-P4-01400.0040). The anticipated occupancy date is December 4, 2024. This is one of the few core downtown Fort Myers buildings currently available for purchase, offering excellent exposure and accessibility in a high-traffic pedestrian area.

• CAP approach

  CAP return

  Valuation

  6%

  $981,197

  6.5%

  $905,721

  7%

  $841,026

• Comparable approach

  Method

  Valuation

  Relative Method

  $742,055

  Geo Method

  $675,548

• Alternative Use

  Use

  Valuation

  Residential

  $1,123,094

  Hospitality

  $1,028,748

  Educational

  $855,906

  Medical

  $885,342

  Retail

  $1,331,409

Location Insight

City

Fort Myers

County

Lee

State

Florida

Latitude

26.6438

Longitude

-81.8691

CBSA code

15980

CBSA name

CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].