Price Reduced 6.35%

$5,900,000

Est. Mortgage $30,614/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 2.1-acre 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:

43

MLS #:

A11673388

Community Info

School Info

Walk Score

Yelp

Similar Properties

$5,900,000

Hollywood, FL, 33023

$5,700,000

Homestead, FL, 33030

$6,000,000

1175 E 25th St, Hialeah, FL, 33013

$5,500,000

5629 Rodman St, Hollywood, FL, 33023

$5,900,000

887 E Okeechobee Rd, Hialeah, FL, 33010

$6,000,000

12 Ave, Hialeah, FL, 33012

$5,999,000

33300 SW 202nd Ave, Homestead, FL, 33034

$5,900,000

Homestead, FL, 33032

Price Reduced!

$6,200,000

2575 Fowler ST, Fort Myers, FL, 33901

$5,999,900

Hollywood, FL, 33020

Price Reduced!

$5,555,000

2880 NW W CYPRESS CREEK RD, Fort Lauderdale, FL, 33309

$6,000,000

7770 SE Federal Hwy Highway, Hobe Sound, FL, 33455

Price Reduced!

$5,475,000

143 N Flagler Ave, Homestead, FL, 33030

$6,000,000

Hialeah, FL, 33010

$5,399,950

20,666 sqft

16350 Innovation LN, Fort Myers, FL, 33913

$5,950,000

335 Georgia St, Hollywood, FL, 33019

New or Coming Soon Properties

New Listing!

$3,995,000

7,834 sqft

4441 S Tamiami TRAIL, Sarasota, FL, 34231

New Listing!

$6,950,000

12705 Cairo Ln, Opa-Locka, FL, 33054

New Listing!

$6,700,000

3699 Seminole Woods Blvd, Palm Coast, FL, 32164

New Listing!

$3,975,000

4,338 sqft

125 KING Street, Saint Augustine, FL, 32084

New Listing!

$5,600,000

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

New Listing!

$8,000,000

14,858 sqft

11786 Narcoossee ROAD, Orlando, FL, 32827

New Listing!

$6,700,000

3699 Seminole Woods BOULEVARD, Palm Coast, FL, 32164

New Listing!

$6,050,000

2201 Lake Lucien Way, Orlando, FL, 32751

New Listing!

$5,995,000

1,400 sqft

1245 Canal STREET, #11, New Smyrna Beach, FL, 32168

New Listing!

$6,000,000

5,871 sqft

450537 STATE ROAD 200, Callahan, FL, 32011

New Listing!

$5,495,000

4433 El Mar Dr, Lauderdale By The Sea, FL, 33308

New Listing!

$3,700,000

3,217 sqft

3605 S School AVENUE, Sarasota, FL, 34239

New Listing!

$6,500,000

25,757 sqft

1011 W Central BOULEVARD, Orlando, FL, 32805

New Listing!

$5,200,000

33,810 sqft

3105 W Waters AVENUE, Tampa, FL, 33614

New Listing!

$6,200,000

8,100 sqft

1009 W Platt STREET, Tampa, FL, 33606

New Listing!

$6,300,000

8849 NW 119th St, Hialeah Gardens, FL, 33018


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