3210 Cleveland Ave

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3210 Cleveland Ave

Fort Myers, FL 33901
Asking Price
$6.81M
Asset Type
Office
Class
Class B

What's Special

3210 Cleveland Ave is situated along the US-41 corridor in the central business district of Fort Myers, Florida. The surrounding neighborhood is characterized by a mix of established professional offices, healthcare facilities, and retail centers. The site offers high visibility on a primary regional artery, providing direct access to downtown Fort Myers to the north and various commercial hubs to the south. Local amenities within a short radius include Lee Memorial Hospital, multiple banking institutions, and a variety of dining options. Public transportation via the LeeTran bus system serves this corridor, facilitating access for employees and visitors. The building is suited for professional services, administrative operations, or medical-related satellite offices. Given its proximity to the regional medical district and courthouse facilities, typical tenants may include legal practitioners, insurance agencies, or outpatient healthcare providers. The office layout and strategic location make it an appropriate fit for local businesses requiring a central footprint with frontage on a major thoroughfare. The property provides a functional environment for organizations seeking a recognizable address within the Fort Myers metropolitan area.

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NOI
$80,000
Cap Rate
1.17%
DSCR
0.20
Underwater
Cash-on-Cash
-15.88%
Monthly Payment
$33,714.923
Annual Cash Flow
$-324,579.071

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