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29375769
29375770

5261 Pine Island Rd, Bokeelia, FL 33922

Cunningham Realty Advisory Group
Listed by Cunningham Realty Advisory Group
$1,600,000
131 days on market
Updated 131 days ago

Pine Island Road

Details
APN 28-44-22-00-00022.0000
Property Type Retail
Sub Type Storefront
Square Footage 4,704
Occupancy 50%
Price per SqFt $340
Class B
Year Built 1979
Year Renovated 2025
Buildings 1
Stories 1
Lot Size (SqFt) 27,054
Zoning CC
Investment Type Value Add
Occupancy Date 01/24/2026

Retail | 4,704 SqFt

Marketing description

6 unit concrete block and stucco office/retail investment building located on Pine Island, FL, across from recently completed Publix shopping center. The interior of each unit has been remodeled after Hurricane Ian with new flooring, walls and ceiling. The building has 5 new A/C units, a metal roof, storm shutters, septic with a lift station, and county water. 3 of the units are leased at $1,250 per unit per month. Each unit contains 784 sf. The current rental rate is $19.13 psf per year on a gross basis. To the rear of the site there are two separate wood frame storage areas containing 480 sf and 420 sf respectively. There is a separate wood barn structure that contains 1,800 sf. The site contains 27,054 sf. The current coverage ratio suggest the possibility of surplus land for expansion. CC zoning allows many commercial uses.

Listing Contacts

Cunningham Realty Advisory Group
Listed by Cunningham Realty Advisory Group

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Additional Information

Name
Stephen A. Cunningham, MAI, SRA, CCIM
License
FL 3419991
Brokerage
Cunningham Realty Advisory Group
Title
Broker
Brokerage Address
6900 Daniels Parkway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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