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5261 Pine Island Road $1,600,000

6 unit concrete block and stucco office/retail investment building located on Pine Island, FL, across from recently completed Publix shopping center. The interior of each unit has been remodeled after Hurricane Ian with new flooring, walls and ceiling. The building has 5 new A/C units, a metal roof, storm shutters, septic with a lift station, and county water. 3 of the units are leased at $1,250 per unit per month. Each unit contains 784 sf. The current rental rate is $19.13 psf per year on a gross basis. To the rear of the site there are two separate wood frame storage areas containing 480 sf and 420 sf respectively. There is a separate wood barn structure that contains 1,800 sf. The site contains 27,054 sf. The current coverage ratio suggest the possibility of surplus land for expansion. CC zoning allows many commercial uses.
General Amenities
  • None
    Lot Acres
    0.62
    Year Built
    1979
    5261 Pine Island Road
    Bokeelia, Florida 33922
    United States
    County: Lee
    Sale Type: For Sale
    Ref #: 2026007144
    Type of Home: Commercial
    Listed by Century 21 Sunbelt Realty
    Lot Acres
    0.62
    Year Built
    1979
    Lot Acres
    0.62
    Year Built
    1979
    5261 Pine Island Road
    Bokeelia, Florida 33922
    United States
    County: Lee
    Sale Type: For Sale
    Ref #: 2026007144
    Type of Home: Commercial
    Listed by Century 21 Sunbelt Realty

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