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Property profile & analytics
FOR SALE
Commercial land
1207 Estero Blvd Fort Myers Beach, FL 33931
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US19-0277365
For Sale
1 / 14
Contact for pricing
1207 Estero Blvd, Fort Myers Beach, FL 33931
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1960
Construction
WOOD FRAME
Total area
9,763 SF
Lot
0.74 ac (32,443 SF)
Zoning code
DOWNTOWN
APN
19-46-24-W4-0150D.0050
UPID
US19-0277365
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.16M
Blend (final)
Blend
$7.68M
Owner & transaction history
Tpi Fmb Suites LLC · 3 yrs held
Tpi Fmb Suites LLC
since 2023
Last sale
$7.1M
7 recorded transactions
Zoning & alternative use
DOWNTOWN · Fort Myers Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fort Myers Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Myers Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$7,715,000
ML approach
$8,325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.68M
Range $6.91M – $8.45M · ±10% · vs last sale $7.10M (Jan 5 2023)
Last sale anchor
$7.10M
Jan 5 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$787 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$34,344
Tax year 2023
Assessed value
$2,462,424
Assessed 2023
Previous assessed
$3,287,498
-25.1% YoY
Effective rate
1.39%
On assessed value
Assessed land
$2,462,424
Land market value
$2,462,424
Total market value
$2,462,424
Applied tax rate
32.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Year built
1960
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
27
Total area
9,763 SF
Lot
0.74 ac (32,443 SF)
Zoning code
DOWNTOWN
APN
19-46-24-W4-0150D.0050
UPID
US19-0277365
Jurisdiction
LEE
Zoning & alternative use
DOWNTOWN · Fort Myers Beach, FLZoning DOWNTOWN · permitted uses
DOWNTOWN · Fort Myers Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1960
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
27
Lot
0.74 ac
Current owner
From public records · entity-resolved
Tpi Fmb Suites LLC
Entity
Mailing address
1207 ESTERO BLVD, FORT MYERS BEACH, FL 33931-2701
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2023
$7,100,000
Tpi Fmb Suites LLC
Estero Silver Sands LLC
Assignment Of Deed
—
Dec 5, 2022
—
Estero Silver Sands LLC
Andrea Carriere
Correction Deed
related
—
Sep 19, 2019
—
Estero Silver Sands LLC
—
Deed
related
$533,425 · Sanibel Captiva Cmnty Bk
Jun 24, 2010
—
Thomas R Groves
—
Deed Of Trust
related
$1,150,000 · Sanibel Captiva Community Bank
—
—
Estero Silver Sands LLC
—
Deed Of Trust
related
$485,000 · Sanibel Captiva Community Bank
—
—
Estero Silver Sands LLC
—
Loan Modification
related
$533,425 · Sanibel Captiva Cmnty Bk
—
—
Estero Silver Sands LLC
—
Deed Of Trust
related
$1,150,000 · Sanibel Captiva Community Bank
—
—
Estero Silver Sands LLC
—
Deed Of Trust
related
$485,000 · Sanibel Captiva Community Bank
—
—
Thomas R Groves
—
Deed Of Trust
related
$200,000 · Sanibel Captiva Community Bank
—
—
Thomas R Groves
—
Deed Of Trust
related
$1,150,000 · Sanibel Captiva Community Bank
—
—
Thomas R Groves
—
Deed Of Trust
related
$100,000 · Sanibel Captiva Community Bank
—
—
Thomas Groves
—
Deed Of Trust
related
$106,400 · Us Small Business Admn
—
—
Thomas R Groves
—
Deed Of Trust
related
$485,000 · Sanibel Captiva Community Bank
—
—
Estero Silver Sands LLC
—
Deed Of Trust
related
$1,150,000 · Sanibel Captiva Community Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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