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33795711
33795710

17501 Harbour Pointe Dr, Fort Myers, FL 33908 For Sale

GT
FL BK 3002798
NAI Burns Scalo
SS
FL FL 3044611
NAI Burns Scalo
Listed by NAI Burns Scalo
$4,950,000
704 days on market
Updated 27 days ago

17501 Harbour Point Dr

Details
Property Type Retail
Sub Type Restaurant, Bar (+1)
Square Footage 5,598
Net Rentable (SqFt) 5,598
NOI $322,457
Occupancy 100%
Tenancy Multi
Lease Term 10
Lease Expiration 11/29/2027
Remaining Term 1.4
Lease Options 3, 5 Year options
Year Built 2014
Year Renovated 2017
Buildings 2
Stories 2
Acreage 3.280
Zoning CT
Investment Type Net Lease
Lease Commencement 11/30/2017
Sale Condition For sale by owner

Retail | 5,598 SqFt

Marketing description

Invest in a property that not only offers a beautiful waterfront setting but also promises strong income potential and a resilient structure. Seize this unique opportunity to own a prime commercial property in a highly sought-after location. Property only—no business operations included. Enjoy hassle-free ownership. Restaurant has been in business since December 1, 2017, with the current initial 10-year lease expiring November 30, 2027, with 3, 5-year renewal options available. Potential for significant income from current tenant Bimini Bait Shack. Income percentage-based lease in place with a 6% rate up to 4 million and 6.5% on anything over. The on-site Bait Shack reopened alongside of the Punta Rossa boat ramp Q3 of 2025 and can generate a lucrative monthly income of $4,000 or more.

Investment highlights

  • Restaurant has been in business since December 2017, with the current initial 10-year lease expiring November 30, 2027 with 3, 5-year renewal options
  • Home to a well- known local restaurant brand that attracts both tourists and locals.
  • Potential for significant income from current tenant Bimini Bait Shack.
  • Income percentage-based lease in place
  • Bait Shop can generate an additional monthly income of $4,000 or more.
  • 2.75 Million tourists coming to the area each year. Generating more than $96.5 billion in spending.

Listing Contacts

GT
FL BK 3002798
NAI Burns Scalo
SS
FL FL 3044611
NAI Burns Scalo
Listed by NAI Burns Scalo

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$322,457.00
$26,871.42/mo

Valuation Metrics

0
DSCR
6.51%
Cap Rate
6.51%
ROI

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Additional Information

Name
Gary Tasman
License
BK 3002798
Name
Shawn Stoneburner
License
FL 3044611
Brokerage
Shawn Stoneburner
Brokerage Phone
2398989119
Title
Senior Vice President
Brokerage Address
5220 Summerlin Commons Way
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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