466 East Gulf Dr, Sanibel
Lee County Real Estate - Sanibel
Sanibel is in South West Florida. It's population as recorded in the 2010 Census was 6,469. Sanibel is approximately 9 miles from Cape Coral (population 154,305) and around 27 miles from Lehigh Acres (population 86,784).
The median age for residents of Sanibel is 65. Around 9% of Sanibel households include school aged children and 62.2% of households include individuals aged 65 years or over. Census records indicate 97.9% of the Sanibel population are White, .6% are Black or African American, 0% American Indian, .3% Asian and .6% are Two or more Races.
There are 7,821 housing units in Sanibel. 4,462 (57%) of these were reported as vacant in the 2010 Census. Sanibel is a tourist destination, 85.3% (3,808) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 702 residential rental units in Sanibel. 406 of them were occupied in 2010 providing a residential rental vacancy rate of 40.3%.
Sanibel 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 | |
|---|---|---|---|---|
| 505 Kinzie Island Ct | Single Family | 10,129 | B |
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| 460 East Gulf Dr | Single Family | 6,195 | B |
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| 445 Bella Vista Way W | Single Family | 5,569 | A |
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| 483 East Gulf Dr | Condominium | 2,288 | B |
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| 457 East Gulf Dr | Single Family | 5,411 | B |
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| 500 Kinzie Island Ct | Single Family | 6,383 | A |
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| 485 East Gulf Dr | Condominium | 2,288 | B |
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| 443 Bella Vista Way W | Single Family | 5,989 | A |
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| 487 East Gulf Dr | Condominium | 2,288 | B |
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| 519 Kinzie Island Ct | Single Family | 7,927 | A |
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| 439 Bella Vista Way W | Single Family | 5,585 | B |
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| 445 East Gulf Dr | Single Family | 1,810 | B |
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| 489 East Gulf Dr | Condominium | 2,288 | B |
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| 514 Kinzie Island Ct | Single Family | 9,093 | B |
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| 448 Glory Cir | Single Family | 2,344 | B |
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| East Gulf Dr | Government Undefined | 0 | L | |
| 440 East Gulf Dr | Single Family | 4,275 | B |
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| 435 Bella Vista Way E | Single Family | 6,368 | B |
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| 533 Kinzie Island Ct | Single Family | 10,980 | A |
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| 430 Bella Vista Way E | Single Family | 6,299 | B |
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| 911 S Yachtsman Dr | Single Family | 5,166 | B |
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| 528 Kinzie Island Ct | Single Family | 8,430 | B |
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| 431 Bella Vista Way E | Single Family | 5,538 | A |
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| 428 Bella Vista Way E | Single Family | 6,285 | B |
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| 432 East Gulf Dr | Multi-family - less than 10 units | 1,560 | C |
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| 418 Bella Vista Way E | Single Family | 6,004 | B |
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| 497 East Gulf Dr | Condominium | 1,162 | B |
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| 440 Glory Cir | Multi-family - less than 10 units | 2,430 | C |
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| 429 Bella Vista Way E | Single Family | 5,347 | A |
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Local Household Income
The median household income in this part of Florida is $73,506. The bottom 10% of the population earn less than $26,913 per year. The top 10% earn more than $265,939 per year. The top 1% earn more than $652,365 per year. Most renters earn between $32,964 (20th percentile) and $70,644 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $147,012 and $183,765.
The tax assessed value of this property places it in percentile 68 of all properties in this area. This suggests it would appeal to someone earning around $109,699 per year who should qualify for a mortgage between $219,398 and $274,248.
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 $1,081. Most renters earn between $2,747 and $5,887 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $807 (20th percentile) to $1,615 (80th percentile) range. The residential vacancy rate is 19%.
This property falls in percentile 68 of all properties in this area. This corresponds to a rent of $1,318 per month and a monthly household income of $4,707 ($56,484 per year)
Nearby Companies
505 Kinzie Island Ct
439 Bella Vista Way
435 Bella Vista Way