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Property profile & analytics
FOR SALE
Commercial land
2700 Estero Blvd 19 Fort Myers Beach, FL 33931
Individually Owned
~
Est. High Equity
Property ID
US18-5481496
For Sale
1 / 17
$3,200,000
2700 Estero Blvd,Unit 19, Fort Myers Beach, FL 33931
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1926
Construction
WOOD FRAME
Total area
5,413 SF
Lot
0.43 ac (18,600 SF)
Zoning code
CR
APN
19-46-24-W2-0020B.019B
UPID
US18-5481496
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
-
Gulf Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.44M
Owner & transaction history
Sullivan Scott
Sullivan Scott
since 2026
Last sale
$2.5M
6 recorded transactions
Zoning & alternative use
CR · Fort Myers Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Commercial Resort
General category
COMMERCIAL
Zone area
32.10 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
Method
Estimation
Statistic approach
$2,715,000
ML approach
$3,175,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.44M
Range $2.19M – $2.68M · ±10% · vs last sale $2.50M (Oct 27 2023)
Last sale anchor
$2.50M
Oct 27 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
$450 / 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
$20,090
Tax year 2023
Assessed value
$1,411,740
Assessed 2023
Previous assessed
$1,561,546
-9.6% YoY
Effective rate
1.42%
On assessed value
Assessed land
$1,411,740
Land market value
$1,411,740
Total market value
$1,411,740
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
1926
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
WINDOW A/C
Stories
2
Bathrooms
12
Total area
5,413 SF
Lot
0.43 ac (18,600 SF)
Zoning code
CR
APN
19-46-24-W2-0020B.019B
UPID
US18-5481496
Jurisdiction
LEE
Zoning & alternative use
CR · Fort Myers Beach, FLZoning CR · permitted uses
CR · 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 Resort
General category
COMMERCIAL
Zone area
32.10 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1926
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
12
Lot
0.43 ac
Current owner
From public records · entity-resolved
Sullivan Scott
Individual
Mailing address
214 E CRES DR, CLEWISTON, FL 33440-3107
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2026
$100
Sullivan Scott
Everglades Construction Group LLC
Deed
—
Jan 30, 2024
—
Everglades Constructions Group LLC
—
Deed
related
$2,000,000 · Ss4js LLC
Oct 27, 2023
$2,500,000
Everglades Construction Group LLC
Allstar Properties LLC
Warranty Deed
—
Feb 9, 2022
$2,442,000
Allstar Properties LLC
Shri Shantakaram LLC
Warranty Deed
$1,221,000 · Sanibel Captiva Community Bank
Jan 25, 2019
—
Shri Shantakaram LLC
—
Deed
related
$844,350 · Bank Of The Ozarks
Sep 25, 2018
$1,299,000
Shri Shantakaram LLC
Surfus,john
Warranty Deed
—
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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