For Sale Commercial MLS# 226029910

3900 Broadway

FORT MYERS, FL 33901

$3,200,000

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About 3900 Broadway

The best passive income property money can buy!!! Listed for UNDER Appraised value! Over $34,000 a month in gross income with the ability build an additional 4 stories taller with the potential to add on dozens of more rental units, giving you a solid return on your investment for years to come!! - 9CAP!!! 50% Seller Financing Available with 2 Year Balloon payment. Located across from the street from the soon-to-be redeveloped Edison Mall, these 4 concrete block buildings sitting on over 2+acres are 100% 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 a bunch of money on your lawn bill! Simple expenses such as water, landscaping, insurance and taxes. Tenants pay their own electric. 24,000+ Sq ft of lease-able space, 240 Ft of Broadway frontage, over 120 parking spaces and borders other commercial properties with residential just up the block. Newer laminate flooring in most units, 3 newer roofs, multiple new A/C systems. See Supplements for Offering Packet with full details and appraisal information. Manage by a local owner who is retiring giving you the opportunity to have a long term investment in a rapidly growing part of Fort Myers.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1973
Stories
1
Lot
2.722
Original price
$3,200,000
MLS #
226029910

Exterior & lot

Features
Parking spaces: 132
Construction
1
Lot
CI, PARL IN E1/2 OF SW1/4 OF NW1/4 AS DESC IN OR 1209/ 1155 + OR 1350/1920, 36-44-24-P1-00015.0000

Schools

District
Lee County School District

Utilities

Utilities
Electricity Connected, Sewer Connected, Water Connected, Electricity on Property

Financial

Financial
Naples
Annual tax
$35,021
Tax year
2025
Parcel
36-44-24-P1-00015.0000
Legal
PARL IN E1/2 OF SW1/4 OF NW1/4 AS DESC IN OR 1209/ 1155 + OR 1350/1920

Location

County
Lee
Neighborhood
Winkler
Community
Lee, Naples

Location

Neighborhood
Winkler
School district
Lee County School District

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Listed by Gina Middleton, LLC, Realty One Group MVP

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.