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2258 First St 6,988 SF 100% Leased Office Building Fort Myers, FL 33901 $2,200,000 ($314.83/SF) 8.14% Cap Rate
Executive Summary
A rare opportunity to own First Street Executive Suites, located within the iconic Earnhardt Building in the heart of Downtown Fort Myers. Comprised of three adjoining parcels, the property was meticulously renovated between 2019 and 2020 and offers a turnkey executive office environment just steps from the River District’s restaurants, retail, and professional services.
The first floor features approximately 35 private offices, three well-appointed conference rooms available for hourly or daily rental (including non-members), along with restrooms, a kitchenette, mail room, and staffed reception area. The building offers 24-hour key card access with a prominent First Street entrance and a convenient rear entrance less than 300 feet from the Denison Main Street Parking Garage, providing exceptional accessibility for tenants and visitors alike.
The first floor features approximately 35 private offices, three well-appointed conference rooms available for hourly or daily rental (including non-members), along with restrooms, a kitchenette, mail room, and staffed reception area. The building offers 24-hour key card access with a prominent First Street entrance and a convenient rear entrance less than 300 feet from the Denison Main Street Parking Garage, providing exceptional accessibility for tenants and visitors alike.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
6,988 SF
Year Built/Renovated
1914/2019
Price
$2,200,000
Price Per SF
$314.83
Cap Rate
8.14%
NOI
$179,080
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,494 SF
Zoning
U-CTR(City of Fort Myers)
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Property Taxes
| Parcel Number | 23-44-24-P2-33000.0030 | Improvements Assessment | $52,010,875 |
| Land Assessment | $7,950,000 | Total Assessment | $61,150,415 |
Property Taxes
Parcel Number
23-44-24-P2-33000.0030
Land Assessment
$7,950,000
Improvements Assessment
$52,010,875
Total Assessment
$61,150,415
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2258 First St
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