Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    809 Monroe Ct Immokalee, FL 34142

    Sponsored
    For Sale
    $195,500

    LAND - Immokalee, FL

    Lot size:
    0.33 Acres
    Days on Market:
    14
    Last Refresh:
    Feb 3 at 8:06 pm

    Property Features for 809 Monroe Ct

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    63912920008
    Lot size
    0.33 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Rosa Maldonado

    Sellstate 5 Star Realty (239) 634-1198

    Listing agent Rosa Maldonado (239) 895-3337 License #258026735

    Listing date Jan 21, 2026

    MLS# 2026003639 Listing URL

    Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Lot in Immokalee, FL

    This vacant, oversized residential lot is located in a highly sought-after neighborhood in Immokalee, Florida. The 0.33-acre property is conveniently located within walking distance to schools, banks, restaurants, and a pharmacy. A large, mature mango tree provides natural shade and seasonal fruit. This property is located at 809 Monroe Court, Immokalee, FL 34142.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Immokalee
    County
    Collier
    State
    Florida
    Longitude
    -81.42876
    Latitude
    26.433694

    Nearby Similar for Sale

    • $950,000
      0.96 Acres

      Immokalee Office Building on SR 29

      Income-producing property with offices, lobby, and convenient access to major cities.
      1300 N 15Th St, Immokalee, FL 34142
      View Details
    • $1,200,000
      0.46 Acres

      Distinctive Commercial Property in Immokalee

      High-visibility commercial property suitable for retail, medical, or professional uses.
      1312 N 15Th St, Immokalee, FL 34142
      View Details
    • $4,475,000
      Pending

      Immokalee Commercial Office Building For Sale

      Well-maintained commercial office building in Immokalee, Florida, with abundant parking.
      750 S 5Th St, Immokalee, FL 34142
      View Details
    • $1,346,000
      5,984 SF

      Retail Space on Main Street

      Retail property for sale on Immokalee's main thoroughfare.
      1097 W Main St, Immokalee, FL 34142
      View Details
    • $1,750,000
      10,576 SF

      Immokalee Industrial Investment Opportunity

      10,576 SF industrial building in Immokalee, Florida for sale.
      502 New Market Rd E, Immokalee, FL 34142
      View Details
    • $4,475,000

      Commercial Office Building For Sale

      Well-maintained office building in Immokalee, Florida, built in 2002.
      750 S 5Th St, Immokalee, FL 34142
      View Details
    • $180,000
      0.33 Acres

      Land For Sale, Immokalee, FL

      Land available for sale in Immokalee, Florida.
      111 S 7Th St, Immokalee, FL 34142
      View Details
    • $700,000
      0.46 Acres

      Immokalee Commercial Property - Prime Location

      High-traffic C-4 zoned lot, ideal for various uses.
      305 1St St, Immokalee, FL 34142
      View Details
    • $2,000,000
      4.00 Acres

      Immokalee Commercial Land Opportunity

      Prime 4-Acre Downtown Retail Lot
      207 15Th St, Immokalee, FL 34142
      View Details
    • $1,299,000
      4,700 SF

      Immokalee Retail Building - C-5 Zoning

      Prime Immokalee retail space, owner financing available.
      106 Dixie Ave, Immokalee, FL 34142
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Oversized residential lot in a sought-after Immokalee neighborhood.
    Where is this residential land & home lot located?
    The property is located at 809 Monroe Ct Immokalee, FL.
    What is the asking price?
    The asking price for this property is $195,500.
    What are key features of this property?
    This property features: - Oversized residential lot perfect for building a custom home.; - Highly sought-after neighborhood.; - Walking distance to schools, banks, restaurants, and pharmacy.
    (239) 895-3337
    Request Owner's contact information
    809 Monroe Ct Immokalee, FL 34142
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    809 Monroe Ct
    Immokalee, FL 34142
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    809 Monroe Ct Immokalee, FL 34142
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Rosa Maldonado
    Real Estate License ID: 258026735
    (239) 895-3337
    Learn more
    Google sign-in failed. Please try again or use another login method.