Price Reduced 6.35%

$5,900,000

Est. Mortgage $30,223/mo *

Quick Pre-Approval

Virtual Tour Brochure

Call Text Schedule Tour Request More Information

Price History

$6,300,000
10/8/2024

$5,900,000
11/18/2024

$6,300,000
11/19/2024

$5,900,000
11/20/2024

4434-4458 Cleveland Ave, Fort Myers, FL, 33901

4434-4458 Cleveland Ave, Fort Myers, FL, 33901
View larger map Directions

1973

We're proud to present an exceptional opportunity to acquire a newly renovated neighborhood shopping center located in a prime commercial area of Fort Myers. This property features 3 standalone multi-tenant buildings, totaling 22,038 RSF, situated on an expansive 2.1acre lot across from the popular Edison Mall. This investment opportunity features 87% occupancy with 11 tenants and 2 vacancies, all on NNN lease agreements. The current NOI is $411K, and recent capital improvements totaling $1.1M include a new roof, structural repairs, parking lot resurfacing, landscaping enhancements, upgraded lighting, common area updates, new HVAC systems, and more. Below-market lease rates represent the potential for increased income.

Status:

Active

Type:

Commercial

Days on Market:

72

MLS #:

A11673388

Community Info

School Info

Walk Score

Yelp

Similar Properties

Price Reduced!

$5,780,000

5401 N Federal Hwy, Fort Lauderdale, FL, 33308

Price Reduced!

$6,200,000

2575 Fowler ST, Fort Myers, FL, 33901

$5,800,000

3000 NW 109th Ave, Doral, FL, 33172

$6,000,000

Hialeah, FL, 33010

$5,400,000

8,720 sqft

630 Adams Avenue, Cape Canaveral, FL, 32920

$6,200,000

Aventura, FL, 33180

Price Reduced!

$5,900,000

8518 Sw 189th Court Rd, Dunnellon, FL, 34432

$5,600,000

10901-10931 Royal Palm Blvd, Coral Springs, FL, 33065

$5,500,000

2001 W State Road 84, #412-3, Fort Lauderdale, FL, 33315

$5,900,000

8353 NW 36th St, Doral, FL, 33166

$5,750,000

6,234 sqft

117 NE 5th Avenue, Delray Beach, FL, 33483

$5,950,000

3,500 sqft

10651 Old Lakeland HIGHWAY, Dade City, FL, 33525

$6,000,000

5,871 sqft

450537 STATE ROAD 200, Callahan, FL, 32011

$6,000,000

1175 E 25th St, Hialeah, FL, 33013

$6,000,000

1301 Milan Ave, Coral Gables, FL, 33134

$6,000,000

10815 NW 33rd St, Doral, FL, 33172

New or Coming Soon Properties

$7,458,000

6,490 sqft

1122 Main ST, Fort Myers Beach, FL, 33931

New Listing!

$4,000,000

17,130 sqft

15885 SW Warfield Boulevard, Indiantown, FL, 34956

$7,458,000

31,276 sqft

Fort Myers Beach, FL, 33931

New Listing!

$5,000,000

7133 NW 27th Ave, Miami, FL, 33147

$7,458,000

26,441 sqft

1120 Main ST, Fort Myers Beach, FL, 33931

New Listing!

$4,500,000

Miami, FL, 33168

New Listing!

$5,500,000

10 baths

5940 Us Highway 1, Saint Augustine, FL, 32095

New Listing!

$3,799,000

Hollywood, FL, 33020

New Listing!

$6,300,000

7131 NW 26th Ave, Miami, FL, 33147

New Listing!

$4,975,000

1000 7th St, Miami Beach, FL, 33139

New Listing!

$4,900,000

Boat Manufacturing Business For Sale in Miami, Opa-Locka, FL, 33054

New Listing!

$6,900,000

31,450 sqft

2424 W Tampa Bay BOULEVARD, Tampa, FL, 33607


Listing courtesy of APEX Capital Realty LLC Phone: 305-570-2600