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:

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

AddressTypeSq FtClass 
8649 Fairway Bend Dr Single Family 2,495 B
8554 Fairway Bend Dr Single Family 2,717 B
8552 Fairway Bend Dr Single Family 2,697 B
8643 Fairway Bend Dr Single Family 2,520 B
8548 Fairway Bend Dr Single Family 2,691 B
8641 Fairway Bend Dr Single Family 2,681 B
8564 Fairway Bend Dr Single Family 2,442 B
8635 Fairway Bend Dr Single Family 2,684 B
8546 Fairway Bend Dr Single Family 2,719 B
8566 Fairway Bend Dr Single Family 2,752 B
8496 Southbridge Dr Condominium 1,589 B
8542 Fairway Bend Dr Single Family 2,747 B
8633 Fairway Bend Dr Single Family 2,747 B
8553 Fairway Bend Dr Single Family 2,747 B
8555 Fairway Bend Dr Single Family 2,689 B
8549 Fairway Bend Dr Single Family 2,695 B
8563 Fairway Bend Dr Single Family 2,495 B
8627 Fairway Bend Dr Single Family 2,747 B
8625 Fairway Bend Dr Single Family 2,677 B
8491 Southbridge Dr Condominium 1,589 B
8490 Southbridge Dr Condominium 1,589 B
8540 Fairway Bend Dr Single Family 2,688 B
8547 Fairway Bend Dr Single Family 2,495 B
8619 Fairway Bend Dr Single Family 2,677 B
8565 Fairway Bend Dr Single Family 2,694 B
8617 Fairway Bend Dr Single Family 2,747 B
8541 Fairway Bend Dr Single Family 2,621 B
8536 Fairway Bend Dr Single Family 2,717 B
8573 Fairway Bend Dr Single Family 2,724 B
8539 Fairway Bend Dr Single Family 2,495 B
8611 Fairway Bend Dr Single Family 2,692 B
8575 Fairway Bend Dr Single Family 2,674 B
8534 Fairway Bend Dr Single Family 2,689 B
8535 Fairway Bend Dr Single Family 2,657 B
8480 Southbridge Dr Condominium 1,589 B
8481 Southbridge Dr Condominium 1,589 B
8609 Fairway Bend Dr Single Family 2,747 B
8583 Fairway Bend Dr Single Family 2,711 B
8530 Fairway Bend Dr Single Family 2,679 B
8471 Southbridge Dr Condominium 1,589 B
8471 Southbridge Dr Condominium 1,805 B
8471 Southbridge Dr Condominium 1,589 B
8471 Southbridge Dr Condominium 1,805 B
8533 Fairway Bend Dr Single Family 2,695 B
8585 Fairway Bend Dr Single Family 2,688 B
8603 Fairway Bend Dr Single Family 2,696 B
8593 Fairway Bend Dr Single Family 2,638 B
8528 Fairway Bend Dr Single Family 2,715 B
8529 Fairway Bend Dr Single Family 2,695 B

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 45 of all properties in this area. This suggests it would appeal to someone earning around $66,213 per year who should qualify for a mortgage between $132,426 and $165,533.

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 45 of all properties in this area. This corresponds to a rent of $1,042 per month and a monthly household income of $3,474 ($41,688 per year)

Nearby Companies

Wiles Watch Services, LLC
8527 Fairway Bend Dr
Aqua Care Pool & Spa, LLC
8451-3 Southbridge Dr
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Public Records Data

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