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Property 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.

Overview

Property Status
Sold
Date Sold
August 24, 2026
Lot Size
0.62 Acres
MLS ID
2026007144
Property Type
Commercial
Year Built
1979

Features & Amenities

Total Area
5,184 Sq.Ft.
Water Frontage
None
Stories
1
Utilities
Electricity Available, Sewer Available
Sales Price
$950,000
Real Estate Tax
$8,253/yr

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5261 Pine Island RD

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  • CallMichael Shevlin

    License #BK368816

    (239) 851-1727
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