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    Property profile & analytics

    4040 Palm Bch Blvd Fort Myers, FL 33916-3470

    • Medical offices
    • 10,160 SF
    • 0.93 lot acres
    OFF-MARKET
    Value Estimation
    $415,000
    Last Sale
    Nov 01, 2024
    $424,000
    Location Intelligence
    Property ID
    US18-4530977
    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.

    Current Use by Public Records

    • Epilepsy Services of SW FL - Fort Myers / Non-Profit Organization
    • East United Way House / Charity / Food Bank
    • Lee Community Healthcare Ob/Gyn - E Fort Myers / Women'S Health Clinic
    • Dr. Nicasio M. David, MD / Doctor
    • Family Health Center of SW Fl Inc / Medical Clinic / Emergency Services

    Property Details for 4040 Palm Bch Blvd

    Year built
    1986
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.93 lot acres
    Property size
    10,160 SF
    Zone code
    C1
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    08-44-25-P2-0280B.0030
    APU
    084425P20280B0030

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $425,000

    • CAP approach

      CAP return
      Estimation
      6%
      $375,000
      6.5%
      $380,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $415,000
      Geo Method
      $395,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $390,000
      Retail
      $315,000
      Mixed-Use
      $370,000
      Hospitality
      $315,000
      Educational
      $360,000
      Residential Income
      $415,000
      Energy
      $360,000
      Income-Based Land
      $420,000
      Food Service
      $340,000

    Location Insight

    • Map
    • Local Demand
    City
    Fort Myers
    County
    Lee
    State
    Florida
    Longitude
    -81.8313
    Latitude
    26.6653
    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
    $2,467
    $148,016
    $815,355
    $963,371
    -
    $148,016
    $815,355
    $963,371

    Comparable in this City

    • Value Estimation by Request
      70,301 SF

      3033 Winkler Ave

      MEDICAL BUILDING • 70,301 SF
      3033 Winkler Ave, Fort Myers, FL 33916-9522
      View Details
    • Value Estimation by Request
      5,421 SF

      3307 Railroad St

      MEDICAL BUILDING • 5,421 SF
      3307 Railroad St, Fort Myers, FL 33916-1425
      View Details
    • Value Estimation by Request
      52,194 SF

      3250 Winkler Ave

      HOMES (RETIRED, NURSING) • 52,194 SF
      3250 Winkler Ave, Fort Myers, FL 33916-9414
      View Details
    • Value Estimation
      $140,000
      5,400 SF

      2666 Lime St

      HOMES (RETIRED, NURSING) • 5,400 SF
      2666 Lime St, Fort Myers, FL 33916-2612
      View Details
    • Value Estimation
      $665,000
      4,280 SF

      461 Van Buren St

      HOMES (RETIRED, NURSING) • 4,280 SF
      461 Van Buren St, Fort Myers, FL 33916-3740
      View Details
    • Value Estimation by Request
      3,870 SF

      2121 Frd St

      OFFICE BUILDING (MULTI-STORY) • 3,870 SF
      2121 Frd St, Fort Myers, FL 33916
      View Details

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    Fort Myers, FL 33916-3470
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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
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