1410 Olmeda Way, 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 | |
---|---|---|---|---|
1426 Olmeda Way | Single Family | 4,971 | B | |
1409 Olmeda Way | Single Family | 2,176 | B | |
1421 Olmeda Way | Single Family | 1,660 | B | |
1442 Olmeda Way | Single Family | 1,705 | B | |
1410 Paloma Dr | Single Family | 1,704 | B | |
3472 Mcgregor Blvd | Single Family | 3,532 | B | |
1395 Florida Ave | Single Family | 2,964 | B | |
1426 Paloma Dr | Single Family | 4,274 | A | |
1435 Olmeda Way | Single Family | 2,696 | C | |
1392 Plumosa Dr | Single Family | 3,529 | B | |
1454 Olmeda Way | Single Family | 2,375 | B | |
1394 Florida Ave | Single Family | 3,882 | B | |
1446 Paloma Dr | Single Family | 3,267 | B | |
1421 Paloma Dr | Single Family | 1,494 | C | |
1388 Florida Ave | Single Family | 3,285 | B | |
1466 Olmeda Way | Single Family | 3,478 | B | |
1373 Florida Ave | Single Family | 4,387 | B | |
3434 Mcgregor Blvd | Single Family | 3,759 | B | |
1388 Plumosa Dr | Single Family | 4,809 | B | |
1433 Paloma Dr | Single Family | 1,871 | B | |
3427 Mcgregor Blvd | Single Family | 4,607 | B | |
1471 Olmeda Way | Vacant Residential | 2,272 | L | |
1422 Rosada Way | Single Family | 1,267 | B | |
3424 Mcgregor Blvd | Single Family | 1,961 | B | |
3524 Mcgregor Blvd | Single Family | 2,353 | B | |
1466 Paloma Dr | Single Family | 2,400 | B |
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 77 of all properties in this area. This suggests it would appeal to someone earning around $104,026 per year who should qualify for a mortgage between $208,052 and $260,065.
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 77 of all properties in this area. This corresponds to a rent of $1,159 per month and a monthly household income of $3,959 ($47,508 per year)
Nearby Companies
1410 Olmeda Way
1409 Olmeda Way
1454 Olmeda Way
1442 Olmeda Way
1421 Paloma Dr
3427 Mcgregor Blvd