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Property profile & analytics
FOR SALE
Commercial land
2450 Estero Blvd Fort Myers Beach, FL 33931
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-2907784
For Sale
1 / 11
$1,685,000
2450 Estero Blvd, Fort Myers Beach, FL 33931
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1959
Construction
WOOD FRAME
Total area
1,680 SF
Lot
0.23 ac (10,000 SF)
Zoning code
CB
APN
19-46-24-W3-0120A.0070
UPID
US18-2907784
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
Current use
Occupant on record · Public records
-
Keller Williams Fort Myers & The Islands , Real Estate Agency
-
Team Swanbeck at Keller Williams Realty Real Estate Agency
-
Sandra Weir Realtor Real Estate Agency
-
James Barter, Realtor®, Team Swanbeck | Keller Williams Fort Myers & The Islands Real Estate Agency
-
Mom's Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
2450 Estero Blvd LLC · 2 yrs held
2450 Estero Blvd LLC
since 2024
4 recorded transactions
Zoning & alternative use
CB · Fort Myers Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Commercial Boulevard
General category
COMMERCIAL
Zone area
26.13 ac
Source
Realmo
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$10,479
Tax year 2023
Assessed value
$759,000
Assessed 2023
Previous assessed
$759,000
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$759,000
Land market value
$759,000
Total market value
$759,000
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
1959
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
1,680 SF
Lot
0.23 ac (10,000 SF)
Zoning code
CB
APN
19-46-24-W3-0120A.0070
UPID
US18-2907784
Jurisdiction
LEE
Zoning & alternative use
CB · Fort Myers Beach, FLZoning CB · permitted uses
CB · Fort Myers Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Commercial Boulevard
General category
COMMERCIAL
Zone area
26.13 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1959
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
2450 Estero Blvd LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2450 ESTERO BLVD, FORT MYERS BEACH, FL 33931-3223
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2024
—
2450 Estero Blvd LLC
Thomas E Swanbeck Pa
Warranty Deed
—
Jan 5, 2015
$640,000
Thomas E Swanbeck Pa
Hussey Deborah A Trust
Grant Deed
$431,333 · Hussey Deborah A Trust (pt)
—
—
Mulhearn,deborah A H Living Trust
—
Loan Modification
related
$548,652 · Wells Fargo Bk
—
—
Deborah A H Living Mulhearn
—
Deed Of Trust
related
$845,000 · Wachovia Bank NA
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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