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33803126
33803125

6238 Presidential Ct, Fort Myers, FL 33919

CRE Consultants
Listed by CRE Consultants
$1,300,000
4 days on market
Updated 2 days ago

6238 Presidential Court

Details
APN 14-45-24-34-00000.0350
Property Type Office
Sub Type Traditional Office
Square Footage 7,400
Units 8
Cap Rate 8.04%
NOI $104,500
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 10.57%
Pro-Forma NOI $137,458
Price per SqFt $176
Class B
Year Built 1981
Zoning Commercial - Tourism
Investment Type Value Add

CASH-FLOWING OFFICE WITH MARK-TO-MARKET UPSIDE

Marketing description

6238 PRESIDENTIAL COURT IS A WELL OCCUPIED AND INCOME PRODUCING OFFICE BUILDING located just off Summerlin Road in the heart of Fort Myers. The property features long standing tenants, strong historical occupancy, and excellent accessibility to College Parkway and US-41. Offered at $1,300,000, this asset produces a current NOI of $104,500, bringing in a current 8.04% Cap Rate. Existing rents are below market rates, creating a value-add opportunity through lease rollover and rent adjustments. At a conservative $20/sf rental rate, projected NOI supports a 10.57% stabilized Cap Rate offering a compelling upside for investors seeking both income and appreciation. The building benefits from rear elevation visibility from Summerlin Road, providing additional signage and branding potential. Ideal for investors pursuing 1031 Exchange placement or strategic yield enhancement in one of Fort Myers' most established office corridors.

Investment highlights

  • Stabilized, Income-Producing Asset
  • Strong Historical Occupancy
  • Long-Standing Tenant Base
  • Central Fort Myers Location
  • High Traffic Exposure from Summerlin Road
  • Desirable Suburban Office Submarket
  • Established Professional Office Park
  • Accessible to Major Roads (Summerlin Rd, College Pkwy, US-41)
  • Potential Signage/Advertising Upside
  • Attractive to 1031 Exchange Buyers

Listing Contacts

CRE Consultants
Listed by CRE Consultants

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$104,500.00
$8,708.33/mo

Valuation Metrics

0
DSCR
8.04%
Cap Rate
8.04%
ROI

Map

Zoning

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CT CommercialSpecial CommercialTourist Commercial
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View all 217 uses
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Last updated Jan 27, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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