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    11050 Summerlin Sq Dr Fort Myers Beach, FL 33931-5361
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    Property profile & analytics

    11050 Summerlin Sq Dr, Fort Myers Beach, FL 33931-5361

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    • Retail space
    • 8,466 SF
    • 1.23 lot acres
    Off-Market
    Property ID
    US18-0898861
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,685,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Kiwanis Club-Fort Myers Beach / Discount Store

    Property Details for 11050 Summerlin Sq Dr

    Year built
    1999
    Construction
    STEEL FRAME
    Lot size
    1.23 lot acres
    Zone code
    CC
    Property type
    Retail space
    APN
    07-46-24-00-00005.1030
    APU
    7462400000051030

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 11, 2024 — Fort Myers Beach Kiwanis Club Found — Deed · related $176k · United States Small Business Admin
    Feb 15, 2019 — Fort Myers Bch Kiwanis Club Fo — Deed · related —
    Jun 2, 2009 $1,350,000 Fort Myers Bch Kiwanis Club Fo Sun State Prof Leasing INC Warranty Deed $1.1M · Orion Bank
    Mar 25, 1999 $350,000 Sun State Professional Leasing Mufalli,james T & Joanne Grant Deed $975k · Atlantic States Bank
    Jul 2, 1998 $350,000 James T Mufalli Summerlin Associate Partnershi Grant Deed $200k · Seller
    — — Sun State Professional Leasing — Deed Of Trust · related $1.1M · Gulf Coast National Bank
    — — Fort Myers Bch Kiwanis Club Fo — Loan Modification · related —
    — — Fort Myers Bch Kiwanis Club Fo — Loan Modification · related —
    — — Fort Myers Bch Kiwanis Club Fo — Deed Of Trust · related $867k · Iberiabank

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,850,000
      6.5%
      $1,710,000
      7%
      $1,585,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,981,000
      Market price range: $1.33M - $4.35M
      AI Estimate
      $1,365,000
      Market price range: $731k - $3.46M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $2,660,000
      Current use
      OFFICE BUILDING
      $2,450,000
      Change: -8% Conversion: Easy
      MEDICAL BUILDING
      $2,420,000
      Change: -9% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Fort Myers Beach
    County
    Lee
    State
    Florida
    Longitude
    -81.9355
    Latitude
    26.4934
    CBSA code
    15980
    CBSA name
    CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $254
    $482,211
    $763,813
    $1,246,024
    -
    $482,211
    $763,813
    $1,246,024
    More about this property
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