1867 Passaic Ave, 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 | |
|---|---|---|---|---|
| 1875 Passaic Ave | Single Family | 1,110 | C |
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| 1861 Passaic Ave | Single Family | 1,880 | B |
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| 1868 Grace Ave | Single Family | 3,001 | C |
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| 1860 Grace Ave | Single Family | 2,819 | C |
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| 1901 Passaic Ave | Single Family | 2,298 | C |
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| 1847 Passaic Ave | Single Family | 1,395 | C |
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| 1854 Grace Ave | Single Family | 1,640 | C |
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| 1876 Passaic Ave | Single Family | 2,064 | B |
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| 1906 Grace Ave | Multi-family - less than 10 units | 2,972 | C |
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| 1870 Passaic Ave | Single Family | 3,607 | C |
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| 1844 Grace Ave | Single Family | 3,192 | B |
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| 3305/3307 Nelson St | Multi-family - less than 10 units | 2,031 | B |
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| 1917 Passaic Ave | Single Family | 2,853 | B |
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| 1839 Passaic Ave | Single Family | 1,735 | B |
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| 1844 Passaic Ave | Single Family | 1,734 | C |
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| 1912 Grace Ave | Multi-family - less than 10 units | 3,445 | B |
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| 3315 Nelson St | Single Family | 1,612 | B |
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| 1834 Grace Ave | Single Family | 1,144 | C |
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| 1840 Passaic Ave | Single Family | 2,659 | B |
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| 1918 Grace Ave | Multi-family - less than 10 units | 2,263 | B |
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| 1925 Passaic Ave | Single Family | 1,369 | C |
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| 1827 Passaic Ave | Single Family | 2,161 | C |
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| 1918 Passaic Ave | Multi-family - less than 10 units | 4,224 | C |
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| 3224 Nelson St | Single Family | 1,709 | C |
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| 1865 Grace Ave | Single Family | 2,454 | B |
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| 1855 Grace Ave | Single Family | 1,316 | C |
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| 1830 Grace Ave | Single Family | 1,698 | B |
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| 1834 Passaic Ave | Single Family | 1,855 | C |
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| 1879 Ricardo Ave | Single Family | 1,052 | C |
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| 1847 Grace Ave | Single Family | 1,690 | B |
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| 1905 Grace Ave | Single Family | 1,694 | C |
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| 1929 Passaic Ave | Single Family | 1,722 | C |
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| 1928 Grace Ave | Multi-family - less than 10 units | 6,320 | C |
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| 1903/1907 Ricardo Ave | Multi-family - less than 10 units | 3,796 | C |
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| 1841 Grace Ave | Single Family | 1,395 | C |
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| 1911 Grace Ave | Vacant Commercial | 0 | L | |
| 1926 Passaic Ave | Single Family | 1,336 | C |
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| Passaic Ave | Vacant Residential | 0 | L | |
| 1941 Passaic Ave | Single Family | 3,213 | C |
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| 1835 Grace Ave | Single Family | 1,591 | C |
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| 1820 Passaic Ave | Single Family | 1,613 | C |
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| 1917 Grace Ave | Single Family | 1,466 | C |
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| 1812 Grace Ave | Single Family | 1,700 | B |
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| 1936 Grace Ave | Office building, non-professional service building, one story | 3,308 | B |
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| 1919 Ricardo Ave | Multi-family - 10 units or more | 11,563 | C |
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| 1829 Grace Ave | Single Family | 2,650 | C |
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| 1934 Passaic Ave | Single Family | 1,428 | C |
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| 1923 Grace Ave | Single Family | 1,220 | C |
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| 1947 Passaic Ave | Single Family | 1,372 | C |
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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 41 of all properties in this area. This suggests it would appeal to someone earning around $48,362 per year who should qualify for a mortgage between $96,724 and $120,905.
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 41 of all properties in this area. This corresponds to a rent of $833 per month and a monthly household income of $2,885 ($34,620 per year)
Nearby Companies
1870 Passaic Ave
1936 Grace Ave
1936 Grace Ave
1936 Grace Ave
1937 Grace Ave