Price Reduced31
$639,596
5 bd · 3 ba · 3,231 sqft
15705 Raveneli Ct, Fort Myers, FL
Jessica Martin · Lennar Realty Inc · on 2 MLSs
$133/sqft · 92 days on Realty
19,720
Building
1.24 acres
Lot
1983
Built
Rare opportunity to acquire Storage Quarters, a stabilized, highly automated 176-unit self-storage facility on an irreplaceable signalized hard corner at Gladiolus Drive (SR 865) and Pine Ridge Road in fast-growing south Fort Myers. Three single-story, drive-up, concrete-block buildings (approx. 19,720 SF) sit on 1.24 acres, complemented by outdoor RV/vehicle parking and mailbox rentals. Customers pull directly to their unit, with no elevators or long interior hallways, a convenience that resonates with the area's boaters, contractors, retirees, and seasonal residents. Location is the headline. Gladiolus Drive is a six-lane arterial carrying roughly 21,300 vehicles per day at the frontage and about 44,600 per day, delivering exceptional visibility and signage exposure. Lee County is among the nation's fastest-growing markets, up roughly 15% since 2020 to about 876,000 residents and projected near 1,000,000 by 2045, an expanding and mobile customer base that fuels storage demand. Southwest Florida's boating and RV lifestyle and a seasonal "snowbird" influx create steady, recurring demand for drive-up and vehicle/RV storage. The business runs almost entirely online through the Cubby AI platform: tenants reserve, lease, pay, and manage autopay from any device, while machine-learning revenue management moves customers in at promotional rates and steps them up automatically. The result is in-place rents that exceed street rates and about 109% economic occupancy. A part-time on-site manager is compensated with an apartment, so there is NO cash management salary, keeping the operation lean and largely absentee-friendly. Required SafeLease tenant protection adds recurring ancillary income. Upside is built in. Standard storage units run about 84% occupied, with lease-up runway concentrated in small lockers and RV parking. Continued AI-driven rate increases and a vertical (stilt) expansion concept, adding a 2nd/3rd story and climate-controlled product the local market offers but Storage Quarters does not, provide multiple paths to grow NOI. Split CG/IL zoning supports storage and expansion. The corner lies in Flood Zone AE yet took no flooding during Hurricanes Ian, Milton, or Helene. Pride of ownership shows: about $80,000 of recent capital improvements, including new roofs (2018), exterior paint (2024), asphalt sealcoat (2025), and a new high-efficiency A/C (2026), mean low deferred maintenance for a new owner. Offered at $2,616,250, a 6.0% in-place cap with pro forma yields growing toward roughly 7%, a rare turnkey, cash-flowing asset with a clear growth runway on one of Fort Myers' best corners. Complete financials, rent roll, occupancy reports, leases, survey, site plan, insurance, and capital records are available in the secure data room. A confidentiality/non-disclosure agreement is required: click the link to review and sign the agreement and gain immediate access. https://docsend.com/view/s/cfgvcfs32qa3ggkv
Listing agent
Martin Hawley
Courtesy of KW Florida Living
(239) 355-4040
Florida Gulf Coast Multiple Listing Service · Listing 2026028242
Choose a source to show its complete, unblended listing record.
Showing Florida Gulf Coast Multiple Listing Service
Florida Gulf Coast Multiple Listing ServiceCourtesy of KW Florida Living · (239) 355-4040
Listing agent: Martin Hawley · Listing 2026028242
Florida Gulf Coast MLS/Royal Palm Coast Realtor Association(SWFLMLS)Courtesy of brokerage not provided
Listing agent: not provided · Listing 2026028242
2026 roll
Within 2 miles of this home: 24 restaurants and cafés, 3 grocery stores, 7 parks and green spaces, and 6 transit stops.
Place data from OpenStreetMap.
Plaka II Greek Family Restaurant
McGregor Boulevard
Salty Papa's Shrimp
Little Caesars
La Casita
Mexican restaurant · McGregor Boulevard
China Wok
Chinese restaurant
Pizza Hut, Wing Street
Gladiolus Drive
Burger Que
McGregor Boulevard
Dunkin
McGregor Boulevard
Publix
Gladiolus Drive
Aldi
Saxum Drive
Walmart Supercenter
San Carlos Boulevard
Kelly Road Soccer Complex
Harlem Heights Community Park
Dog Park
Deep Lagoon Preserve
Wa-Ke Hatchee Community Park
Yacht Club Community Park
Cape Coral Yacht club beach
Gladiolus Drive @ San Carlos Boulevard
Gladiolus Drive @ Hagie Drive
Gladiolus Drive @ Gladiolus Preserve Circle
Gladiolus Drive @ Sea Crest Boulevard
Gladiolus @ Bass
Gladiolus Drive @ Bass Road-Westbound
Florida Gulf Coast Multiple Listing Service
Florida Gulf Coast MLS/Royal Palm Coast Realtor Association(SWFLMLS)
BeachesMLS
Stellar MLSThis content last refreshed on 2026-09-30 14:11:50 UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Price Reduced31
$639,596
5 bd · 3 ba · 3,231 sqft
15705 Raveneli Ct, Fort Myers, FL
Jessica Martin · Lennar Realty Inc · on 2 MLSs
37$530,000
3 bd · 2 ba · 1,998 sqft
8618 Banyan Bay Blvd, Fort Myers, FL
Meagan Belger · Premiere Plus Realty Company · on 2 MLSs
Price Reduced48$268,000
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16026 Via Solera Circle 102, Fort Myers, FL
May Thu · EXP Realty LLC
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3 bd · 2 ba · 2,340 sqft
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Chuck Bergstrom · RE/MAX Realty Group · on 2 MLSs
New21$269,900
3 bd · 3 ba · 1,819 sqft
16053 Via Solera Cir #104, Fort Myers, FL
Liz Wiggins · TREND REALTY
New21$269,900
3 bd · 3 ba · 1,819 sqft
16053 Via Solera Cir 104, Fort Myers, FL
Elizabeth Wiggins · Trend Realty · on 2 MLSs




