20168 Cherry Tree Ln, Estero
Lee County Real Estate - Estero
Estero is in South West Florida. It's population as recorded in the 2010 Census was 22,612. Estero is approximately 12 miles from Cape Coral (population 154,305) and around 17 miles from Lehigh Acres (population 86,784).
The median age for residents of Estero is 62.2. Around 10.3% of Estero households include school aged children and 54.6% of households include individuals aged 65 years or over. Census records indicate 95.2% of the Estero population are White, 1% are Black or African American, .1% American Indian, 1.3% Asian and .8% are Two or more Races.
There are 18,479 housing units in Estero. 7,213 (39%) of these were reported as vacant in the 2010 Census. Estero is a tourist destination, 77.5% (5,595) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 2,405 residential rental units in Estero. 1,930 of them were occupied in 2010 providing a residential rental vacancy rate of 18%.
Estero 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 | |
|---|---|---|---|---|
| 20172 Cherry Tree Ln | Mobile Home | 973 | B |
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| 20164 Cherry Tree Ln | Mobile Home | 1,064 | B |
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| 20169 Lime Tree Ln | Mobile Home | 749 | B |
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| 20173 Lime Tree Ln | Mobile Home | 990 | B |
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| 20165 Lime Tree Ln | Vacant Residential | 666 | C |
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| 20160 Cherry Tree Ln | Vacant Residential | 0 | L | |
| 20169 Cherry Tree Ln | Mobile Home | 1,257 | B |
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| 20163 Cherry Tree Ln | Mobile Home | 936 | B |
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| 20176 Cherry Tree Ln | Mobile Home | 1,032 | B |
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| 20177 Lime Tree Ln | Mobile Home | 0 | L | |
| 20161 Lime Tree Ln | Mobile Home | 810 | B |
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| 20157 Cherry Tree Ln | Vacant Residential | 0 | L | |
| 20156 Cherry Tree Ln | Mobile Home | 984 | B |
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| 20157 Lime Tree Ln | Mobile Home | 941 | B |
|
| 20168 Lime Tree Ln | Vacant Residential | 0 | L | |
| 20160 Plum Tree Ln | Mobile Home | 1,146 | B |
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| 20153 Cherry Tree Ln | Mobile Home | 928 | B |
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| 20164 Lime Tree Ln | Mobile Home | 1,014 | B |
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| 20172 Lime Tree Ln | Mobile Home | 794 | B |
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| 8579 Mullwood Dr | Mobile Home | 704 | B |
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| 20183 Lime Tree Ln | Mobile Home | 1,201 | B |
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| 20152 Cherry Tree Ln | Mobile Home | 1,086 | B |
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| 8550 Mullwood Dr | Mobile Home | 796 | B |
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| 20176 Lime Tree Ln | Mobile Home | 746 | B |
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| 20156 Plum Tree Ln | Mobile Home | 814 | B |
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| 20160 Lime Tree Ln | Vacant Residential | 0 | L | |
| 20153 Lime Tree Ln | Mobile Home | 769 | B |
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| 8572 Mullwood Dr | Mobile Home | 723 | B |
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| 20149 Cherry Tree Ln | Mobile Home | 1,280 | B |
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| 20156 Lime Tree Ln | Mobile Home | 1,253 | B |
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| 20180 Lime Tree Ln | Mobile Home | 802 | B |
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| 20152 Plum Tree Ln | Mobile Home | 728 | B |
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| 8596 Red Cedar Dr | Mobile Home | 793 | B |
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| 8580 Mullwood Dr | Mobile Home | 624 | B |
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| 20148 Cherry Tree Ln | Mobile Home | 978 | B |
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| 8591 Mullwood Dr | Mobile Home | 736 | B |
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| 20173 Apple Tree Ln | Mobile Home | 930 | B |
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| 20149 Lime Tree Ln | Mobile Home | 1,085 | B |
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| 20169 Apple Tree Ln | Mobile Home | 972 | B |
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| 20177 Apple Tree Ln | Mobile Home | 918 | B |
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| 20152 Lime Tree Ln | Mobile Home | 808 | B |
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| 20184 Lime Tree Ln | Mobile Home | 930 | B |
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| 20148 Plum Tree Ln | Mobile Home | 1,074 | B |
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| 20145 Cherry Tree Ln | Mobile Home | 1,141 | B |
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| 8547 Covewood Dr | Mobile Home | 825 | B |
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| 20165 Apple Tree Ln | Mobile Home | 1,002 | B |
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| 20181 Apple Tree Ln | Mobile Home | 708 | B |
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| 8559 Covewood Dr | Mobile Home | 798 | B |
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| 8588 Mullwood Dr | Mobile Home | 676 | B |
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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 23 of all properties in this area. This suggests it would appeal to someone earning around $40,908 per year who should qualify for a mortgage between $81,816 and $102,270.
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 23 of all properties in this area. This corresponds to a rent of $830 per month and a monthly household income of $2,942 ($35,304 per year)