2401 1St StFort Myers, FL 33901

  • Office properties
  • 810 SF
For Sale
$1,250,000 View listing

Property Details for 2401 1St St

Year built
2005
Lot size
0.29 AC
Property size (Sq ft)
810 SF
Property type
Office properties
Property subtype
Office buildings
APN
13-44-24-P4-03200.102B
APU
134424P403200102B

Description

This exceptional Class B office condo, located in Fort Myers' vibrant River District at 2401 First St (cross street: Lee Street), offers 5,874 square feet of newly remodeled space. Occupying the entire third floor of a three-story, 37,558 square foot building constructed in 2005, this single-tenancy unit boasts over $200,000 in recent improvements. The property features 24-hour controlled access and is conveniently located within walking distance of numerous restaurants, hotels, government offices, and courthouses. Parking is readily available, with street parking options and three nearby parking garages. A significant advantage is the pre-approved rights for a rooftop terrace, perfect for entertaining clients and hosting business events. The unit is zoned U-CTR and has APN 13-44-24-P4-03200.0300. The building includes elevators. This is a rare opportunity to acquire a move-in ready, high-quality office space in a thriving downtown location. Don't miss this chance to establish your business in a premier Fort Myers address.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $214,861
    6.5%
    $198,333
    7%
    $184,166
  • Comparable approach

    Method
    Valuation
    Relative Method
    $162,494
    Geo Method
    $147,930
  • Alternative Use

    Use
    Valuation
    Residential
    $245,933
    Hospitality
    $225,273
    Educational
    $187,425
    Medical
    $193,870
    Retail
    $291,549
2401 1St St, Fort Myers, Florida

Location Insight

City
Fort Myers
County
Lee
State
Florida
Latitude
26.6457
Longitude
-81.868
CBSA code
15980
CBSA name
CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,261
-
$62,630
$62,630
-
-
$62,630
$62,630

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