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    20161 Summerlin Rd Fort Myers, FL 33908

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    For Sale
    $3,000,000

    6.8 acre site with entitlements for 142 beds.

    Lot size:
    6.80 Acres

    Property Features for 20161 Summerlin Rd

    General Information

    Lot size
    6.80 Acres

    Source: Mark A. Keleher Agent Mark A. Keleher

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Assisted Living Facility Opportunity

    This 6.8 acre property presents an opportunity for an assisted living facility in Fort Myers, Florida. The site has entitlements in place to allow up to 142 beds. Architectural and engineering plans are prepared for permitting. The location is near retailers and a short distance from beaches.
    Insight Report Location Intelligence

    Current Use by Public Records

    Assisted living facilities

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Myers
    County
    Lee
    State
    Florida
    Longitude
    -81.9705953
    Latitude
    26.4929702

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    FAQs

    What type of property is this?
    Land - 6.8 acre site with entitlements for 142 beds.
    Where is this land located?
    The property is located at 20161 Summerlin Rd Fort Myers, FL.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: - Entitlements in place for up to 142 assisted living beds.; - Architectural and engineering plans are ready for permitting submission.; - Ideal 6.8± acre property for an assisted living facility.
    Request Owner's contact information
    20161 Summerlin Rd Fort Myers, FL 33908
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    Fort Myers, FL 33908
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    Realmo Value Estimation

    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.

    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.

    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
    20161 Summerlin Rd Fort Myers, FL 33908
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