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13102 Palm Beach Blvd 4,470 SF 100% Leased Office Building Fort Myers, FL 33905 $1,285,000 ($287.47/SF)
Investment Highlights
- Beautiful concrete building with newer metal roof
- Fully rented
Executive Summary
Turnkey income opportunity in a fast-growing East Fort Myers corridor near the Verandah and Riverhall. This ±4,500 SF building is 100% occupied by five established tenants, delivering stabilized, day-one cash flow. Current tenants include: State Farm, Nail Salon, Realty office, Salon Spa, and a Legal firm. Fronting Palm Beach Boulevard (SR 80) — a major arterial road carrying roughly 35,000+ vehicles per day. 3/4 of a mile east of HWY31/Babcock Ranch rd — the property offers strong visibility, direct highway frontage, and easy access. Meticulously maintained, the property features a new roof and updated interiors — a clean, low-maintenance asset ready to perform. A diversified rent roll and continued growth along the SR 80 corridor make this a rare combination of stable income and long-term upside. Opportunities like this don't last.
Property Facts
Sale Type
Investment
Sale Condition
Ground Lease (Leased Fee)
Property Type
Office
Building Size
4,470 SF
Building Class
C
Year Built
1988
Price
$1,285,000
Price Per SF
$287.47
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,470 SF
Building FAR
0.25
Lot Size
0.41 AC
Zoning
C-1
Parking
13 Spaces (2.91 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Guardian Legal
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- Modified Gross
- Mar 2021
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- Finance and Insurance
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State Farm began in Illinois in 1922, when G.J. Mecherle founded the business around fairer auto insurance pricing for farmers. The company operates as a mutual insurer and has grown into a broad financial services firm. State Farm offers auto, home, renters, condo, life, health, disability, pet, commercial, and small business insurance, along with related financial products and services. The company maintains a significant U.S. market presence through an agent-based model and a long-running focus on helping customers manage everyday risks and recover from losses.
- Tad Miller
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- The Hair & Nail Bar
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- The Spa At The Shores
- Arts, Entertainment, and Recreation
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- Real Estate
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Guardian Legal | - | - | - | Modified Gross | Mar 2021 | |
|
|
Finance and Insurance | - | - | - | - | |
| Tad Miller | - | - | - | - | - | |
| The Hair & Nail Bar | - | - | - | - | - | |
| The Spa At The Shores | Arts, Entertainment, and Recreation | - | - | - | - | |
|
|
Real Estate | - | - | - | - |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 29-43-26-03-00036.0330 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $418,117 |
Property Taxes
Parcel Number
29-43-26-03-00036.0330
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$418,117
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Contact the Sale Advisor
13102 Palm Beach Blvd