8404 Bahamas Rd, Fort Myers
Lee County Real Estate - Estero
Estero is in South West Florida. It's population as recorded in the 2010 Census was 22,612. Estero is approximately 12 miles from Cape Coral (population 154,305) and around 17 miles from Lehigh Acres (population 86,784).
The median age for residents of Estero is 62.2. Around 10.3% of Estero households include school aged children and 54.6% of households include individuals aged 65 years or over. Census records indicate 95.2% of the Estero population are White, 1% are Black or African American, .1% American Indian, 1.3% Asian and .8% are Two or more Races.
There are 18,479 housing units in Estero. 7,213 (39%) of these were reported as vacant in the 2010 Census. Estero is a tourist destination, 77.5% (5,595) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 2,405 residential rental units in Estero. 1,930 of them were occupied in 2010 providing a residential rental vacancy rate of 18%.
Estero links:
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Lee County
Lee County is located in the southwest Florida region, along with Collier and Charlotte counties. The communities in Lee County include Bonita Springs, Cape Coral, Fort Myers, Fort Myers Beach, Lehigh Acres, North Fort Myers, San Carlos Park, Sanibel/Captiva, and South Fort Myers. Incorporated communities are Cape Coral, Fort Myers, Fort Myers Beach, Bonita Springs, and Sanibel. The population of Lee County is in excess of 600,000.
Top industries currently providing employment are trade, transportation, and utilities; leisure and hospitality; education and health services; and professional and business services. Major private sector employers in Lee County are Publix Supermarkets, Wal-Mart, Chico's FAS Inc., Bonita Bay Group, and WCI Group. Top public sector employers are Lee County School District, Lee County Administration, Lee County Sheriff's Office, and the City of Cape Coral.
Historically, Lee County was best known for its agricultural industry and still heavily produces crops such as sweet corn, cucumbers, peppers and potatoes. Seafood is also produced in large quantities in Lee County. Annually, over five million pounds of fish and two million pounds of shellfish are harvested in Lee County. Today, however, the most dominant industries are tourism, construction, and other service related industries.
The most populous city in southwest Florida is Cape Coral, home to over 150,000. The U.S. Census Bureau estimated that the city grew by 10% from 2010-2013. The city lies on a peninsula surrounded by Charlotte Harbor, with the Caloosahatchee River on the city?s southern border. There are over 400 miles of inland navigable waterways within city limits, the most of any city in the world.
Located across the Caloosahatchee, the county seat of Fort Myers has a population over 60,000 people. The economic heart of Lee County, the city?s strength is in the services, including the healthcare and tourism industries. Just south of the city is Florida Gulf Coast University, Florida's newest public university. Additionally, Florida SouthWestern State College, formerly Edison State College, is located within city limits.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 8414 Bahamas Rd | Single Family | 0 | B | |
| 8396 Bahamas Rd | Single Family | 3,657 | B |
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| 8401 Tahiti Rd | Single Family | 2,100 | B |
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| 8409 Tahiti Rd | Single Family | 2,402 | B |
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| 8393 Tahiti Rd | Single Family | 3,246 | B |
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| 8397 Bahamas Rd | Single Family | 3,096 | B |
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| 8420 Bahamas Rd | Single Family | 1,860 | B |
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| 8409 Bahamas Rd | Single Family | 2,374 | B |
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| 8417 Tahiti Rd | Single Family | 3,225 | B |
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| 8384 Bahamas Rd | Single Family | 2,630 | B |
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| 8389 Bahamas Rd | Single Family | 2,423 | B |
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| 8381 Tahiti Rd | Single Family | 3,018 | B |
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| 8417 Bahamas Rd | Single Family | 2,177 | B |
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| 8404 Tahiti Rd | Single Family | 2,701 | B |
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| 8428 Bahamas Rd | Single Family | 2,290 | B |
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| 8381 Bahamas Rd | Single Family | 2,528 | B |
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| 8425 Tahiti Rd | Single Family | 2,461 | C |
|
| 8400 Aloha Rd | Vacant Residential | 0 | L | |
| 8412 Aloha Rd | Single Family | 2,407 | B |
|
| 8425 Bahamas Rd | Single Family | 2,164 | B |
|
| 8392 Aloha Rd | Vacant Residential | 0 | L | |
| 17159 Plantation Dr | Single Family | 2,136 | B |
|
| 17168 Plantation Dr | Single Family | 2,348 | B |
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| 17196 Malaga Rd | Single Family | 5,066 | B |
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| 8420 Aloha Rd | Single Family | 2,530 | B |
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| 8368 Bahamas Rd | Single Family | 2,682 | B |
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| 17204 Malaga Rd | Single Family | 3,519 | B |
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| 8384 Aloha Rd | Single Family | 1,947 | B |
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| 8365 Tahiti Rd | Single Family | 2,256 | B |
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| 17150 Knight Dr | Single Family | 3,115 | B |
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| 8428 Aloha Rd | Single Family | 1,973 | B |
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| 8433 Bahamas Rd | Single Family | 2,758 | B |
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| 17167 Plantation Dr | Single Family | 2,677 | B |
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| 8365 Bahamas Rd | Single Family | 2,686 | B |
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| 8433 Tahiti Rd | Single Family | 2,439 | B |
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| 17212 Malaga Rd | Single Family | 2,362 | B |
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| 17176 Plantation Dr | Single Family | 2,841 | B |
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| 8361 Tahiti Rd | Vacant Residential | 0 | L | |
| 8360 Bahamas Rd | Single Family | 2,480 | B |
|
| 8436 Aloha Rd | Vacant Residential | 0 | L | |
| 8368 Aloha Rd | Single Family | 1,947 | B |
|
| 17220 Malaga Rd | Single Family | 2,333 | B |
|
| 8358 Tahiti Rd | Single Family | 2,313 | B |
|
| 8357 Tahiti Rd | Vacant Residential | 0 | L | |
| 17175 Plantation Dr | Single Family | 3,665 | B |
|
| 8357 Bahamas Rd | Single Family | 2,321 | B |
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| 17187 Malaga Rd | Single Family | 2,578 | B |
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| 8441 Bahamas Rd | Single Family | 2,086 | B |
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| 17191 Malaga Rd | Single Family | 3,387 | B |
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Local Household Income
The median household income in this part of Florida is $73,506. The bottom 10% of the population earn less than $26,913 per year. The top 10% earn more than $265,939 per year. The top 1% earn more than $652,365 per year. Most renters earn between $32,964 (20th percentile) and $70,644 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $147,012 and $183,765.
The tax assessed value of this property places it in percentile 39 of all properties in this area. This suggests it would appeal to someone earning around $58,425 per year who should qualify for a mortgage between $116,850 and $146,063.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $1,081. Most renters earn between $2,747 and $5,887 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $807 (20th percentile) to $1,615 (80th percentile) range. The residential vacancy rate is 19%.
This property falls in percentile 39 of all properties in this area. This corresponds to a rent of $980 per month and a monthly household income of $3,322 ($39,864 per year)
Nearby Companies
17159 Plantation Dr
8428 Aloha Rd
8425 Tahiti Rd
8425 Tahiti Rd
8349 Tahiti Rd
8349 Tahiti Rd