1520 Tropic Ter, North Fort Myers
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 | |
|---|---|---|---|---|
| 1518 Tropic Ter | Condominium | 706 | C |
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| 1516 Tropic Ter | Condominium | 936 | C |
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| 1522 Tropic Ter | Condominium | 930 | C |
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| 1510 Tropic Ter | Condominium | 930 | C |
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| 1512 Tropic Ter | Condominium | 1,294 | C |
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| 1514 Tropic Ter | Condominium | 1,872 | C |
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| 1508 Tropic Ter | Condominium | 936 | C |
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| 1506 Tropic Ter | Condominium | 706 | C |
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| 1504 Tropic Ter | Condominium | 936 | C |
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| 1502 Tropic Ter | Condominium | 930 | C |
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| 1532 Tropic Ter | Condominium | 936 | C |
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| 1530 Tropic Ter | Condominium | 706 | C |
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| 1528 Tropic Ter | Condominium | 936 | C |
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| 1526 Tropic Ter | Condominium | 1,872 | C |
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| 1524 Tropic Ter | Condominium | 1,294 | C |
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| 1536 Tropic Ter | Condominium | 1,294 | C |
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| 1534 Tropic Ter | Condominium | 930 | C |
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| 532 Pangola Dr | Condominium | 1,152 | C |
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| 534 Pangola Dr | Condominium | 1,439 | C |
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| 533 Pangola Dr | Condominium | 1,439 | C |
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| 530 Pangola Dr | Condominium | 1,439 | C |
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| 531 Pangola Dr | Condominium | 1,152 | C |
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| 538 Pangola Dr | Condominium | 1,439 | C |
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| 537 Pangola Dr | Condominium | 1,439 | C |
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| 536 Pangola Dr | Condominium | 1,152 | C |
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| 535 Pangola Dr | Condominium | 1,439 | C |
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| 529 Pangola Dr | Condominium | 1,152 | C |
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| 528 Pangola Dr | Condominium | 1,439 | C |
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| 525 Pangola Dr | Condominium | 1,439 | C |
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| 527 Pangola Dr | Condominium | 1,439 | C |
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| 526 Pangola Dr | Condominium | 1,439 | C |
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| 524 Pangola Dr | Condominium | 1,439 | C |
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| 1533 Tropic Ter | Condominium | 953 | C |
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| 1535 Tropic Ter | Condominium | 930 | C |
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| 1600 Pangola Dr | Vacant Residential | 0 | L | |
| 523 Pangola Dr | Condominium | 1,439 | C |
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| 520 Pangola Dr | Condominium | 1,439 | C |
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| 522 Pangola Dr | Condominium | 1,439 | C |
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| 521 Pangola Dr | Condominium | 1,439 | C |
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| 1529 Tropic Ter | Condominium | 936 | C |
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| 1531 Tropic Ter | Condominium | 930 | C |
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| 519 Pangola Dr | Condominium | 1,439 | C |
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| 518 Pangola Dr | Condominium | 1,439 | C |
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| 1525 Tropic Ter | Condominium | 936 | C |
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| 1606 Pangola Dr | Vacant Residential | 0 | L | |
| 515 Pangola Dr | Condominium | 1,439 | C |
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| 516 Pangola Dr | Condominium | 1,152 | C |
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| 517 Pangola Dr | Condominium | 1,439 | C |
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| 1523 Tropic Ter | Condominium | 930 | C |
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Local Household Income
The median household income in this part of Florida is $54,810. The bottom 10% of the population earn less than $20,561 per year. The top 10% earn more than $132,210 per year. The top 1% earn more than $423,775 per year. Most renters earn between $31,140 (20th percentile) and $50,004 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $109,620 and $137,025.
The tax assessed value of this property places it in percentile 28 of all properties in this area. This suggests it would appeal to someone earning around $35,768 per year who should qualify for a mortgage between $71,536 and $89,420.
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 $980. Most renters earn between $2,595 and $4,167 per month. They typically spend 31% of their monthly income on rent. Most rents fall in the $727 (20th percentile) to $1,230 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 28 of all properties in this area. This corresponds to a rent of $786 per month and a monthly household income of $2,803 ($33,636 per year)