3900 Broadway, Fort Myers, FL 33901 (MLS# A11991274)

3900 Broadway, Fort Myers, FL 33901

$3,400,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11991274

Property Type: Commercial Sale Square Footage: 25,000 Status: Active

Current Price: $3,400,000 List Date: 4/07/2026 Last Modified: 9/30/2026

Overview

Description

The best passive income property money can buy is being sold for HUNDREDS OF THOUSANDS under Appraised value! 9 CAP!! Over $33,000 a month in gross rent with the ability build an additional 4 stories taller, giving you a solid return on your investment with the potential to add on dozens of more rental units! Located across from the street from the soon-to-be redeveloped Edison Mall, these 4 concrete block buildings sitting on over 2+acres are 95% leased to great, long term tenants with security deposits and advanced rents, mostly in the medical or professional fields and is a very well kept & well run property! Property is grandfathered in for a local well to use for irrigation, saving you money on your lawn bill! Simple expenses such as water, landscaping, insurance and taxes. Tenants pay their own electric. 24,000+ Sq ft of lease-able space, 240 Ft of Broadway frontage, on 2.7 Acres of land, over 100 parking spaces and borders other commercial properties with residential just up the ... (Read more)

Listing Details MLS# A11991274

General Property Information

Number Of Buildings: 4
Property Sub Type: Office
Occupant Type: Tenant
Building Area Main: 25000
Parking Total: 115
Lot Size Area: 118570
Lot Size Acres: 2.72

Property Features

Building Features: Exterior Lighting Business Type: Medical; Professional Service Ceiling: Insulated Documents Available: Aerial Photo(s); Appraisal; Copy Of Lease(s); Rent Rolls Electric: 101-200 Amp Service Flooring: Laminate Heating: Electric Parking Features: Free; Off Site Possession: Close Of Escrow Property Condition: Resale Sale Includes: Building; Land; Leases Tenant Pays: Electricity; Interior Electric; Janitorial Service; Maintenance; Telephone Construction Materials: Brick Veneer; CBS Cooling: Central Building Listing Terms: Cash; Conventional Road Frontage Type: City Street Roof: Shingle Security Features: Fire Alarm; Security System Sewer: Public Sewer Water Source: Public Showing Requirements: 24 Hour Notice; Showing Service

Contract Information

Comp Sale YN: No
Original List Price: 3750000

Location and Legal

Country: United States
County Or Parish: Lee
County Parish Name: Lee
Street Number: 3900
Street Name: Broadway
City Name: Fort Myers
State Or Province: FL
Postal Code: 33901
Area: 5940 - Other Florida County
Geographic Area: Other
Parcel Number: 10185400
Multiple Offers Accepted: Yes
Property Description: Office Plaza

Financial Information

Tax Legal Description: PARL IN E1/2 OF SW1/4 OF NW1/4 AS DESC IN OR 1209/ 1155 + OR 1350/1920

Status Change Information

Major Change Timestamp: 2026-05-25T15:32:59Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-05-25T15:32:59Z
Status Change Date: 2026-04-07

More Information

Building and Property Details

# Of Offices: 40
# Of Tenants: 20
# Of Toilets: 22
% Air Conditioned: 100

Distance To Information

Miles to Beach: 14
Miles to Expressway: 7

Income and Expenses

Occupancy Percentage: 92

Price Calculations

Current Price To SqFt: 136

Originating Details

Originating System Key: 447344335
Originating System ID: M00000151

Listing Office: Realty One Group MVP

Last Updated: September - 30 - 2026

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