Fort Myers Beach, Florida
Lee County Real Estate - Fort Myers Beach
Fort Myers Beach is in South West Florida. It's population as recorded in the 2010 Census was 6,277. Fort Myers Beach is approximately 8 miles from Cape Coral (population 154,305) and around 23 miles from Lehigh Acres (population 86,784).
The median age for residents of Fort Myers Beach is 63.2. Around 6.4% of Fort Myers Beach households include school aged children and 54.5% of households include individuals aged 65 years or over. Census records indicate 97.7% of the Fort Myers Beach population are White, .2% are Black or African American, .1% American Indian, .5% Asian and .7% are Two or more Races.
There are 9,420 housing units in Fort Myers Beach. 5,976 (63.4%) of these were reported as vacant in the 2010 Census. Fort Myers Beach is a tourist destination, 79.5% (4,756) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 1,826 residential rental units in Fort Myers Beach. 841 of them were occupied in 2010 providing a residential rental vacancy rate of 52.2%.
Fort Myers Beach links:
Fort Myers Beach is located in Lee County. It has a population of approximately 6,277 people. The population increased 3.8% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida, 4.3% for Lee County and a 1.7% increase for the country as a whole. Fort Myers Beach occupies 2.77 of the 784.51 square miles in Lee County. It had a population density of 2262.8 persons per square mile in 2010. This compared to 788.7 for the county, 350.6 for Florida and 87.4 for the country.
2.5% ( 9,420) of the 372,117 housing units in Lee County are in Fort Myers Beach (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Fort Myers Beach has a 76.7% homeownership rate compared to Lee County's 73.8% homeownership rate and Florida's rate of 69.0%.
| Region | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
|---|---|---|---|---|---|---|
| United States | 313,914,040 | $14,025,202 | 1.7% | $52,762 | 132,312,404 | $186,200 |
| Florida | 18,801,310 | $630,738 | 2.7% | $47,827 | 9,026,965 | $188,600 |
| Lee County | 618,754 | $13,839 | 4.3% | $49,444 | 372,117 | $181,000 |
| Fort Myers Beach | 6,277 | $143 | 3.8% | $55,213 | 9,420 | $415,300 |
Fort Myers Beach's medium household income in 2011 was $55,213. Lee County's medium household income was $49,444, which is higher than the medium income for Florida as a whole: $47,827. 9.2% of the population in Fort Myers Beach lives below the poverty line, compared to 14.7% in Florida, 13.5% of the population in Lee County and 14.3% nationwide. Additional Information:
Fort Myers Beach Economic Activity
The U.S. Bureau of the Census, Economic Census, 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Fort Myers Beach. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.
At $143 million, Fort Myers Beach's economic activity represents 1.03% of Lee County's $13,839MM in economic activity. Lee County represents 2.19% of the Florida economy.
| Activity | Value (Millions) | Percentage |
|---|---|---|
| Manufacturers shipments | $0 | 0.0% |
| Merchant wholesaler sales | $0 | 0.0% |
| Retail sales | $77 | 54.0% |
| Accommodation and food services sales | $66 | 46.0% |
| Total | $143 | 100% |
Lee County Regional Comparisons
| City | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
|---|---|---|---|---|---|---|
| Bonita Springs | 43,914 | $956 | 5.5% | $53,274 | 31,716 | $269,300 |
| Cape Coral | 154,305 | $1,571 | 4.5% | $51,407 | 78,948 | $181,900 |
| Estero | 22,612 | $539 | X | $62,031 | 18,479 | $281,600 |
| Fort Myers Beach | 6,277 | $143 | 3.8% | $55,213 | 9,420 | $415,300 |
| Fort Myers Beach | 6,277 | $143 | 3.8% | $55,213 | 9,420 | $415,300 |
| Lehigh Acres | 86,784 | $407 | X | $44,042 | 38,995 | $120,100 |
| North Fort Myers | 39,407 | $517 | X | $39,754 | 27,108 | $89,400 |
| Sanibel | 6,469 | $161 | 4.2% | $88,906 | 7,821 | $644,900 |
Lee County is located in Southwest Florida. This region is responsible for 3.9% of Florida's economic activity. Lee County represents 56.2% of the region's economy.
| Region | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
|---|---|---|---|---|---|---|
| Charlotte County | 159,978 | $2,288 | 1.5% | $45,112 | 100,612 | $166,700 |
| Lee County | 618,754 | $13,839 | 4.3% | $49,444 | 372,117 | $181,000 |
| Collier County | 321,520 | $8,479 | 3.4% | $56,876 | 198,423 | $317,200 |
| Total | 1,140,169 | $24,606 | 3.1% | $50,477 | 671,152 | $221,633 |
Fort Myers Beach Real Estate
There are 5,850 properties in Fort Myers Beach. The following table shows a summary of them based on 2014 sales data.
| Usage Type | Property Count | % | Sales Count | Median Price | Median Price/Ft | Sales From | To |
|---|---|---|---|---|---|---|---|
| Commercial Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
| Government Property | 49 | 0.84 | 0 | n/a | n/a | n/a | n/a |
| Hotel & Motel | 457 | 7.81 | 0 | n/a | n/a | n/a | n/a |
| Industrial | 16 | 0.27 | 0 | n/a | n/a | n/a | n/a |
| Miscellaneous Property | 2 | 0.03 | 0 | n/a | n/a | n/a | n/a |
| Mobile/Manufactured | 834 | 14.26 | 53 | $165,000 | $87 | January 1st, 2014 | September 1st, 2014 |
| Multifamily | 588 | 10.05 | 27 | $395,000 | $102 | January 1st, 2014 | August 1st, 2014 |
| Office | 58 | 0.99 | 2 | $636,000 | $77 | April 1st, 2014 | August 1st, 2014 |
| Residential | 3,654 | 62.46 | 222 | $365,500 | $159 | January 1st, 2014 | September 1st, 2014 |
| Residential Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
| Retail | 145 | 2.48 | 8 | $582,100 | $153 | March 1st, 2014 | August 1st, 2014 |
| Special Purpose | 34 | 0.58 | 2 | $2,750,000 | $240 | April 1st, 2014 | June 1st, 2014 |
| Sports & Entertaining | 13 | 0.22 | 2 | $1,755,000 | $273 | April 1st, 2014 | July 1st, 2014 |
Commercial Real Estate in Fort Myers Beach, Florida
0( .00%) of the properties in Fort Myers Beach are classified as Commercial.
Government Real Estate in Fort Myers Beach, Florida
49( .84%) of the properties in Fort Myers Beach are classified as Government.
Hotel & Motel Real Estate in Fort Myers Beach, Florida
457( 7.81%) of the properties in Fort Myers Beach are classified as Hotel & Motel.
Industrial Real Estate in Fort Myers Beach, Florida
16( .27%) of the properties in Fort Myers Beach are classified as Industrial.
Miscellaneous Real Estate in Fort Myers Beach, Florida
2( .03%) of the properties in Fort Myers Beach are classified as Miscellaneous.
Mobile/Manufactured Real Estate in Fort Myers Beach, Florida
834( 14.26%) of the properties in Fort Myers Beach are classified as Mobile/Manufactured. 53 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $10,451,134. The median sales price was $165,000. In 2014 the median sales price for A Class Mobile/Manufactured in Fort Myers Beach was $112 per sq ft, B Class properties sold for $87/ft and C Class $67/ft.
Multifamily Real Estate in Fort Myers Beach, Florida
588( 10.05%) of the properties in Fort Myers Beach are classified as Multifamily. 27 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $12,492,100. The median sales price was $395,000. In 2014 the median sales price for A Class Multifamily in Fort Myers Beach was $230 per sq ft, B Class properties sold for $102/ft and C Class $45/ft.
Office Real Estate in Fort Myers Beach, Florida
58( .99%) of the properties in Fort Myers Beach are classified as Office. 2 of them sold between April 1st, 2014 and August 1st, 2014. The total value of these sales was $1,272,000. The median sales price was $636,000. In 2014 the median sales price for Office in Fort Myers Beach was $77 per sq ft.
Residential Real Estate in Fort Myers Beach, Florida
3,654( 62.46%) of the properties in Fort Myers Beach are classified as Residential. 222 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $100,892,381. The median sales price was $365,500. In 2014 the median sales price for A Class Residential in Fort Myers Beach was $345 per sq ft, B Class properties sold for $159/ft and C Class $89/ft.
Residential Real Estate in Fort Myers Beach, Florida
0( .00%) of the properties in Fort Myers Beach are classified as Residential.
Retail Real Estate in Fort Myers Beach, Florida
145( 2.48%) of the properties in Fort Myers Beach are classified as Retail. 8 of them sold between March 1st, 2014 and August 1st, 2014. The total value of these sales was $8,607,200. The median sales price was $582,100. In 2014 the median sales price for Retail in Fort Myers Beach was $153 per sq ft.
Special Purpose Real Estate in Fort Myers Beach, Florida
34( .58%) of the properties in Fort Myers Beach are classified as Special Purpose. 2 of them sold between April 1st, 2014 and June 1st, 2014. The total value of these sales was $5,500,000. The median sales price was $2,750,000. In 2014 the median sales price for Special Purpose in Fort Myers Beach was $240 per sq ft.
Sports & Entertaining Real Estate in Fort Myers Beach, Florida
13( .22%) of the properties in Fort Myers Beach are classified as Sports & Entertaining. 2 of them sold between April 1st, 2014 and July 1st, 2014. The total value of these sales was $3,510,000. The median sales price was $1,755,000. In 2014 the median sales price for Sports & Entertaining in Fort Myers Beach was $273 per sq ft.
Fort Myers Beach, Lee County Market Data
| Property Usage | Property Count | Total Sq Ft |
|---|---|---|
| Government Property | 52 | 213,732 |
| Hotel & Motel | 447 | 959,502 |
| Industrial | 16 | 245,688 |
| Land | 700 | 209,989 |
| Miscellaneous Property | 2 | 5,306 |
| Mobile/Manufactured | 833 | 1,551,069 |
| Multifamily | 572 | 2,163,133 |
| Office | 56 | 164,065 |
| Residential | 3,664 | 10,096,629 |
| Retail | 130 | 1,038,194 |
| Special Purpose | 33 | 523,021 |
| Sports & Entertaining | 13 | 79,837 |
Fort Myers Beach Median Property Values per Sq Ft
| Property Class | Class A | Class B | Class C | ||||
|---|---|---|---|---|---|---|---|
| Usage | Year | Sale | Lease | Sale | Lease | Sale | Lease |
| Airport (private or commercial), bus terminal, marine terminal, pier or marina. | 2016 | $272 | $32 | $106 | $20 | $57 | $11 |
| Auto sales, auto repair and storage or auto service shop | 2016 | $505 | $29 | $124 | $18 | $57 | $13 |
| Bowling alley, skating rink, pool hall or enclosed arena | 2016 | $590 | $37 | $198 | $17 | $44 | $7 |
| Church | 2016 | $590 | $32 | $198 | $20 | $44 | $11 |
| Club, lodge or union hall | 2016 | $590 | $32 | $198 | $20 | $44 | $11 |
| Community Shopping Center | 2016 | $505 | $29 | $124 | $18 | $57 | $13 |
| Condominium | 2016 | $457 | $16 | $354 | $16 | $261 | $16 |
| Cooperative | 2016 | $127 | $16 | $73 | $16 | $50 | $16 |
| County Owned | 2016 | $590 | $30 | $198 | $15 | $44 | $7 |
| Cultural organization, facility | 2016 | $590 | $32 | $198 | $20 | $44 | $11 |
| Drive-in Restaurant | 2016 | $505 | $29 | $124 | $18 | $57 | $13 |
| Enclosed theater or auditorium | 2016 | $590 | $37 | $198 | $17 | $44 | $7 |
| Federal Owned | 2016 | $590 | $30 | $198 | $15 | $44 | $7 |
| Financial institution (bank, saving and loan company, mortgage company, credit services) | 2016 | $505 | $29 | $124 | $18 | $57 | $13 |
| Forest, park or recreational area | 2016 | $590 | $30 | $198 | $15 | $44 | $7 |
| Golf course or driving range | 2016 | $590 | $37 | $198 | $17 | $44 | $7 |
| Government Undefined | 2016 | $590 | $30 | $198 | $15 | $44 | $7 |
| Hotel or motel | 2016 | $590 | $33 | $198 | $33 | $44 | $33 |
| Light manufacturing | 2016 | $590 | $17 | $198 | $10 | $44 | $5 |
| Miscellaneous Residential (migrant camp or boarding home.) | 2016 | $127 | $33 | $73 | $33 | $50 | $33 |
| Mixed use - store and office or store and residential or residential combination | 2016 | $505 | $29 | $124 | $18 | $57 | $13 |
| Mobile Home | 2016 | $180 | $6 | $116 | $6 | $80 | $6 |
| Multi-family - 10 units or more | 2016 | $109 | $28 | $60 | $19 | $43 | $13 |
| Multi-family - less than 10 units | 2016 | $267 | $28 | $135 | $19 | $101 | $13 |
| Municipal Owned | 2016 | $590 | $30 | $198 | $15 | $44 | $7 |
| Nightclub, cocktail lounge or bar | 2016 | $590 | $37 | $198 | $17 | $44 | $7 |
| Office building, non-professional service building, multi-story | 2016 | $272 | $26 | $106 | $25 | $57 | $16 |
| Office building, non-professional service building, one story | 2016 | $272 | $26 | $106 | $25 | $57 | $16 |
| Open storage (building supplies, auto wrecking, fuel, equipment or material storage) | 2016 | $590 | $17 | $198 | $10 | $44 | $5 |
| Orphanage, other non-profit or charitable services | 2016 | $590 | $32 | $198 | $20 | $44 | $11 |
| Packing plant (fruit and vegetable or meat packing) | 2016 | $590 | $17 | $198 | $10 | $44 | $5 |
| Professional service building | 2016 | $272 | $26 | $106 | $25 | $57 | $16 |
| Public county school | 2016 | $590 | $30 | $198 | $15 | $44 | $7 |
| Repair service shop (excluding automotive) | 2016 | $505 | $29 | $124 | $18 | $57 | $13 |
| Restaurant, cafeteria | 2016 | $505 | $29 | $124 | $18 | $57 | $13 |
| Service station | 2016 | $505 | $29 | $124 | $18 | $57 | $13 |
| Single Family | 2016 | $313 | $16 | $157 | $16 | $119 | $16 |
| Store, one story | 2016 | $505 | $29 | $124 | $18 | $57 | $13 |
| Supermarket | 2016 | $505 | $29 | $124 | $18 | $57 | $13 |
| Tourist attraction, permanent exhibit or other entertainment facilities | 2016 | $590 | $37 | $198 | $17 | $44 | $7 |
| Undefined - Reserved for Use by Department of Revenue | 2016 | $267 | $16 | $135 | $16 | $101 | $16 |
| Utility | 2016 | $590 | $42 | $198 | $15 | $44 | $6 |
| Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 2016 | $590 | $17 | $198 | $10 | $44 | $5 |