8304 Bahamas Rd, Fort Myers
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 | |
|---|---|---|---|---|
| 8296 Bahamas Rd | Single Family | 1,788 | B |
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| 8312 Bahamas Rd | Single Family | 2,029 | B |
|
| 8301 Tahiti Rd | Single Family | 3,698 | B |
|
| 8293 Tahiti Rd | Single Family | 2,136 | B |
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| 8301 Bahamas Rd | Single Family | 2,547 | B |
|
| 8288 Bahamas Rd | Single Family | 2,065 | B |
|
| 8320 Bahamas Rd | Single Family | 2,167 | B |
|
| 8313 Tahiti Rd | Single Family | 3,964 | B |
|
| 8309 Bahamas Rd | Single Family | 1,800 | C |
|
| 8293 Bahamas Rd | Single Family | 2,546 | B |
|
| 8285 Tahiti Rd | Single Family | 1,977 | B |
|
| 8317 Bahamas Rd | Single Family | 2,176 | B |
|
| 8285 Bahamas Rd | Single Family | 1,994 | B |
|
| 8328 Bahamas Rd | Single Family | 2,552 | B |
|
| 8312 Aloha Rd | Professional service building | 6,728 | B |
|
| 8325 Tahiti Rd | Single Family | 2,136 | B |
|
| 8304 Tahiti Rd | Single Family | 1,876 | B |
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| 8312 Tahiti Rd | Single Family | 2,806 | B |
|
| 8296 Tahiti Rd | Single Family | 2,969 | B |
|
| 8325 Bahamas Rd | Single Family | 2,354 | B |
|
| 8288 Aloha Rd | Single Family | 2,104 | C |
|
| 8320 Aloha Rd | Vacant Residential | 0 | L | |
| 8320 Tahiti Rd | Single Family | 3,151 | B |
|
| 17179 Lee Rd | Single Family | 1,710 | C |
|
| 8336 Bahamas Rd | Single Family | 2,305 | B |
|
| 8333 Tahiti Rd | Single Family | 2,409 | B |
|
| 17152 Lee Rd | Single Family | 2,203 | B |
|
| 8328 Aloha Rd | Vacant Residential | 0 | L | |
| 8333 Bahamas Rd | Single Family | 2,320 | B |
|
| 17144 Lee Rd | Single Family | 2,336 | B |
|
| 8328 Tahiti Rd | Single Family | 2,445 | B |
|
| 17160 Lee Rd | Single Family | 1,823 | C |
|
| 17136 Lee Rd | Single Family | 1,796 | C |
|
| 8301 Bounty Rd | Single Family | 2,147 | B |
|
| 8293 Bounty Rd | Single Family | 2,549 | B |
|
| 8309 Bounty Rd | Single Family | 2,617 | B |
|
| 8344 Bahamas Rd | Single Family | 2,145 | B |
|
| 8336 Aloha Rd | Single Family | 2,013 | B |
|
| 8341 Tahiti Rd | Single Family | 3,765 | B |
|
| 8285 Bounty Rd | Single Family | 1,876 | B |
|
| 17128 Lee Rd | Single Family | 1,685 | B |
|
| 8341 Bahamas Rd | Single Family | 2,528 | B |
|
| 8336 Tahiti Rd | Single Family | 3,633 | B |
|
| 17172 Lee Rd | Single Family | 1,586 | C |
|
| 8321 Bounty Rd | Single Family | 2,139 | B |
|
| 7481 Bear Hollow Cir | Single Family | 3,573 | B |
|
| 8540 Alico Rd | Vacant Commercial | 0 | L | |
| 8344 Aloha Rd | Single Family | 2,670 | B |
|
| 8290 Aloha Rd | Store, one story | 8,000 | C |
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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 30 of all properties in this area. This suggests it would appeal to someone earning around $48,745 per year who should qualify for a mortgage between $97,490 and $121,863.
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 30 of all properties in this area. This corresponds to a rent of $918 per month and a monthly household income of $3,049 ($36,588 per year)
Nearby Companies
8285 Bounty Rd
8312 Tahiti Rd
8312 Aloha Rd
8313 Tahiti Rd
8328 Bahamas Rd
8349 Tahiti Rd
8349 Tahiti Rd