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    Property profile & analytics

    5550 Estero Blvd Fort Myers Beach, FL 33931-4120

    • Office buildings
    • 813 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    $200,000
    Location Intelligence
    Property ID
    US18-9342375
    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

    • Mid Island Water Sports at The Sandpiper / Water Sports Equipment Rental Service / Tour Operator
    • Estero Island Parasail - Pick Up At Mid Island Water Sports, Sandpiper Beach Resort / Parasailing Ride Operator / Boat Tour Agency

    Property Details for 5550 Estero Blvd

    Year built
    1970
    Lot size
    0.02 lot acres
    Property size
    813 SF
    Zone code
    RM-2
    Property type
    Office buildings
    APN
    33-46-24-W1-03600.00CL
    APU
    334624W10360000CL

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $205,000

    • CAP approach

      CAP return
      Estimation
      6%
      $160,000
      6.5%
      $170,000
      7%
      $170,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $160,000
      Geo Method
      $155,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $180,000
      Retail
      $215,000
      Mixed-Use
      $210,000
      Hospitality
      $175,000
      Educational
      $210,000
      Residential Income
      $170,000
      Energy
      $175,000
      Income-Based Land
      $160,000
      Food Service
      $185,000

    Location Insight

    • Map
    • Local Demand
    City
    Fort Myers Beach
    County
    Lee
    State
    Florida
    Longitude
    -81.9139
    Latitude
    26.4307
    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
    $1,664
    $0.00
    $118,659
    $118,659
    -
    $0.00
    $118,659
    $118,659

    Comparable in this City

    • Value Estimation by Request
      151 SF

      8771 Estero Blvd, Unit C5

      OFFICE BUILDING • 151 SF
      8771 Estero Blvd, Bonita Springs, FL 33931-5127
      View Details
    • Value Estimation by Request
      169 SF

      8771 Estero Blvd, Unit C1

      OFFICE BUILDING • 169 SF
      8771 Estero Blvd, Bonita Springs, FL 33931-5127
      View Details
    • Value Estimation by Request
      248 SF

      100 Lovers Ln, Unit 104

      OFFICE BUILDING • 248 SF
      100 Lovers Ln, Fort Myers Beach, FL 33931-3548
      View Details
    • Value Estimation by Request
      117 SF

      100 Lovers Ln, Unit 201

      OFFICE BUILDING • 117 SF
      100 Lovers Ln, Fort Myers Beach, FL 33931-3555
      View Details
    • Value Estimation by Request
      186 SF

      100 Lovers Ln, Unit 205

      OFFICE BUILDING • 186 SF
      100 Lovers Ln, Fort Myers Beach, FL 33931-3555
      View Details
    • Value Estimation by Request
      1,797 SF

      6200 Estero Blvd

      OFFICE BUILDING (MULTI-STORY) • 1,797 SF
      6200 Estero Blvd, Fort Myers Beach, FL 33931-4419
      View Details

    Similar Nearby for Sale

    • $3,650,000
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      Fort Myers Beach Rebuild Opportunity

      Located across from Santini Plaza, prime Fort Myers Beach location.
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      Commercial Property Near Beach Access

      Large commercial property with remodeled building near public beach access.
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      Fort Myers Beach Commercial Opportunity

      Prime commercial land and building with Gulf access for sale.
      6101 Estero Blvd, Fort Myers Beach, FL 33931
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    • $6,900,000
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      Fort Myers Beach Redevelopment Opportunity

      Prime 3.5-acre restaurant/retail site
      17650 San Carlos Blvd, Fort Myers Beach, FL 33931
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      Prime Fort Myers Beach Investment
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    Similar Nearby for Lease

    • $20 SF/Yr
      2,700 SF

      Retail Center on San Carlos Boulevard

      Retail spaces available in renovated Fort Myers shopping center.
      17264 San Carlos Blvd, Fort Myers Beach, FL 33931
      View Details
    • $40 SF/Yr
      72,333 SF

      Santini Marina Plaza: Fort Myers Beach Retail

      Prime Beachfront Retail Space Available
      7205 Estero Blvd, Fort Myers Beach, FL 33931
      View Details
    • Contact for pricing

      Commercial Land For Rent

      Commercial land with drive-thru opportunity in renovated plaza.
      17260 San Carlos Blvd, Fort Myers Beach, FL 33931
      View Details
    • Contact for pricing
      14,500 SF

      Freestanding Retail and Restaurant Building

      Olde Florida-style building with retail and restaurant space for lease.
      17650 San Carlos Blvd, Fort Myers Beach, FL 33931
      View Details
    • Contact for pricing
      41,058 SF

      Fort Myers Beach Retail Plaza

      Prime Retail Space, Newly Renovated
      17284 San Carlos Blvd, Fort Myers Beach, FL 33931
      View Details
    • $20 SF/Yr
      1,452 SF

      Retail Center on San Carlos Boulevard

      Retail spaces available in renovated Fort Myers Beach shopping center.
      17260-17284 San Carlos Blvd, Fort Myers Beach, FL 33931
      View Details
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    Fort Myers Beach, FL 33931-4120
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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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