1301 Melaleuca Ln, Fort Myers
Lee County Real Estate - Fort Myers
Fort Myers is in South West Florida. It's population as recorded in the 2010 Census was 62,298.
The median age for residents of Fort Myers is 35.8. Around 29.6% of Fort Myers households include school aged children and 25.7% of households include individuals aged 65 years or over. Census records indicate 54.6% of the Fort Myers population are White, 32.3% are Black or African American, .6% American Indian, 1.5% Asian and 2.8% are Two or more Races.
There are 35,138 housing units in Fort Myers. 10,170 (28.9%) of these were reported as vacant in the 2010 Census. Fort Myers is a tourist destination, 32.9% (3,346) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 17,586 residential rental units in Fort Myers. 14,116 of them were occupied in 2010 providing a residential rental vacancy rate of 19.3%.
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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 | |
|---|---|---|---|---|
| 1240 Walden Dr | Single Family | 5,691 | A |
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| 1307 Melaleuca Ln | Single Family | 5,600 | B |
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| 1244 Walden Dr | Single Family | 3,793 | B |
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| 1308 Walden Dr | Single Family | 3,538 | B |
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| 1236 Walden Dr | Single Family | 4,417 | B |
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| 1306 Melaleuca Ln | Single Family | 4,731 | B |
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| 1309 Melaleuca Ln | Single Family | 5,478 | B |
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| 1318 Walden Dr | Single Family | 3,589 | B |
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| 1243 Walden Dr | Single Family | 4,904 | B |
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| 1210 Walden Dr | Single Family | 4,348 | B |
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| 4336 Jami Ct | Single Family | 4,678 | B |
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| 1313 Melaleuca Ln | Single Family | 3,967 | B |
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| 1307 Walden Dr | Single Family | 3,150 | B |
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| 4601 Caloosa Vista Dr | Single Family | 4,859 | B |
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| 1239 Walden Dr | Single Family | 5,890 | B |
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| 1330 Walden Dr | Single Family | 2,471 | B |
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| 1323 Walden Dr | Single Family | 4,110 | B |
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| 1235 Walden Dr | Single Family | 4,490 | B |
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| 1226 Melaleuca Ln | Single Family | 7,408 | B |
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| 4340 Jami Ct | Single Family | 4,101 | B |
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| 1333 Caloosa Vista Rd | Single Family | 3,394 | B |
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| 1329 Melaleuca Ln | Single Family | 5,588 | B |
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| 1327 Walden Dr | Single Family | 3,347 | B |
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| 1208 Walden Dr | Single Family | 4,205 | B |
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| 1231 Walden Dr | Single Family | 5,069 | B |
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| 1332 Walden Dr | Single Family | 4,332 | B |
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| 4603 Caloosa Vista Dr | Single Family | 2,701 | B |
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| 1316 Jambalana Ln | Single Family | 8,198 | B |
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| 1328 Melaleuca Ln | Single Family | 6,671 | B |
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| 1326 Jambalana Ln | Single Family | 5,729 | B |
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| 1314 Jambalana Ln | Multi-family - less than 10 units | 5,666 | B |
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| 1331 Walden Dr | Single Family | 3,173 | B |
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| 1325 Caloosa Vista Rd | Single Family | 5,908 | B |
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| 1335 Melaleuca Ln | Single Family | 3,637 | B |
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| 1312 Jambalana Ln | Single Family | 3,898 | B |
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| 1227 Walden Dr | Single Family | 4,212 | B |
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| 4346 Jami Ct | Single Family | 3,336 | B |
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| 1338 Walden Dr | Single Family | 4,031 | B |
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| 4605 Caloosa Vista Dr | Single Family | 3,002 | C |
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| 1330 Jambalana Ln | Single Family | 3,278 | B |
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| 1332 Melaleuca Ln | Single Family | 5,794 | B |
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Local Household Income
The median household income in this part of Florida is $58,623. The bottom 10% of the population earn less than $18,301 per year. The top 10% earn more than $164,289 per year. The top 1% earn more than $557,577 per year. Most renters earn between $28,680 (20th percentile) and $49,596 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $117,246 and $146,558.
The tax assessed value of this property places it in percentile 86 of all properties in this area. This suggests it would appeal to someone earning around $138,722 per year who should qualify for a mortgage between $277,444 and $346,805.
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 $897. Most renters earn between $2,390 and $4,133 per month. They typically spend 31% of their monthly income on rent. Most rents fall in the $676 (20th percentile) to $1,209 (80th percentile) range. The residential vacancy rate is 10%.
This property falls in percentile 86 of all properties in this area. This corresponds to a rent of $1,363 per month and a monthly household income of $4,706 ($56,472 per year)
Nearby Companies
4336 Jami Ct
4336 Jami Ct
1306 Melaleuca Ln
1210 Walden Dr
1329 Melaleuca Ln
1329 Melaleuca Ln
1244 Walden Dr
1244 Walden Dr
1308 Walden Dr
1231 Walden Dr
1327 Walden Dr
1314 Jambalana Ln
1314 Jambalana Ln
1321 Jambalana Ln