504 Nw 16th Ter, Cape Coral
Lee County Real Estate - North Fort Myers
North Fort Myers is in South West Florida. It's population as recorded in the 2010 Census was 39,407. North Fort Myers is approximately 8 miles from Cape Coral (population 154,305) and around 16 miles from Lehigh Acres (population 86,784).
The median age for residents of North Fort Myers is 61.8. Around 12.1% of North Fort Myers households include school aged children and 59% of households include individuals aged 65 years or over. Census records indicate 94.7% of the North Fort Myers population are White, 1.4% are Black or African American, .3% American Indian, .6% Asian and 1.1% are Two or more Races.
There are 27,108 housing units in North Fort Myers. 7,287 (26.8%) of these were reported as vacant in the 2010 Census. North Fort Myers is a tourist destination, 63.1% (4,601) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 3,670 residential rental units in North Fort Myers. 2,976 of them were occupied in 2010 providing a residential rental vacancy rate of 17.2%.
North Fort Myers 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 | |
|---|---|---|---|---|
| 506 Nw 16th Ter | Vacant Residential | 0 | L | |
| 501 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 503 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 505 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 510 Nw 16th Ter | Vacant Residential | 0 | L | |
| 1611 Nw 5th Ave | Single Family | 2,053 | B |
 |
| 507 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 1620 Nw 5th Ave | Vacant Residential | 0 | L | |
| 1615 Nw 5th Ave | Vacant Commercial | 0 | L | |
| 509 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 511 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 431 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 513 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 1617 Nw 5th Pl | Vacant Residential | 0 | L | |
| 515 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 1621 Nw 5th Ave | Vacant Commercial | 0 | L | |
| 514 Nw 16th Ter | Vacant Residential | 0 | L | |
| 1624 Nw 5th Ave | Vacant Residential | 0 | L | |
| 517 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 427 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 519 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 1621 Nw 5th Pl | Vacant Residential | 0 | L | |
| 521 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 523 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 1628 Nw 5th Ave | Single Family | 2,530 | B |
|
| 522 Nw 16th Ter | Vacant Residential | 0 | L | |
| 1627 Nw 5th Ave | Vacant Commercial | 0 | L | |
| 421 Diplomat Pkwy W | Government Undefined | 0 | L | |
| 525 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 1625 Nw 5th Pl | Vacant Residential | 0 | L | |
| 527 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 460 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 458 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 462 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 456 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 1618 Nw 5th Pl | Vacant Residential | 0 | L | |
| 454 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 464 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 452 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 450 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 529 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 448 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 446 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 531 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 526 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 1622 Nw 5th Pl | Single Family | 2,365 | B |
|
| 1632 Nw 5th Ave | Vacant Residential | 0 | L | |
| 442 Diplomat Pkwy W | Vacant Commercial | 0 | L | |
| 440 Diplomat Pkwy W | Vacant Commercial | 0 | L |
Local Household Income
The median household income in this part of Florida is $59,855. The bottom 10% of the population earn less than $19,088 per year. The top 10% earn more than $131,826 per year. The top 1% earn more than $411,391 per year. Most renters earn between $30,732 (20th percentile) and $45,420 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $119,710 and $149,638.
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 $1,033. Most renters earn between $2,561 and $3,785 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $850 (20th percentile) to $1,308 (80th percentile) range. The residential vacancy rate is 6%.
Nearby Companies
1628 Nw 5th Ave