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Property profile & analytics
OFF-MARKET
Estimated value
$280,000
Golf courses & driving ranges
Pelican Preserve Blvd Fort Myers, FL 33913
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-7764517
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
GOLF COURSE
Lot
1.87 ac (81,457 SF)
Zoning code
SDA
APN
02-45-25-P1-0370C.0000
UPID
US18-7764517
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
$280k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$280k
Owner & transaction history
Pelican Preserve Community Assn INC · 2 yrs held
Pelican Preserve Community Assn INC
since 2024
Last sale
$280,000
3 recorded transactions
Zoning & alternative use
SDA · Fort Myers, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is the purpose of this division to improve and protect the public health, safety and welfare by pursuing the following objectives like encourage innovation in community development, foster the safe, efficient, and economic use of the land and public facilities and services.
Zone name
Special Development Area
General category
UNKNOWN
Zone area
2,360.43 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 submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Myers 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
$280,000
ML approach
$280,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$280k
Range $252k – $308k · ±10% · vs last sale $280k (Feb 5 2024)
Last sale anchor
$280k
Feb 5 2024
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
—
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
$1,885
Tax year 2023
Assessed value
$18,954
Assessed 2023
Previous assessed
$18,954
+0.0% YoY
Effective rate
9.95%
On assessed value
Assessed land
$7,097
Assessed improvement
$11,857
Land market value
$7,097
Improvement market value
$11,857
Total market value
$18,954
Applied tax rate
90.0000
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
Golf courses & driving ranges
Use group
GOLF COURSE
Status
Off-Market
Heating
NONE
Lot
1.87 ac (81,457 SF)
Zoning code
SDA
APN
02-45-25-P1-0370C.0000
UPID
US18-7764517
Jurisdiction
LEE
Zoning & alternative use
SDA · Fort Myers, FLZoning SDA · permitted uses
SDA · Fort Myers, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is the purpose of this division to improve and protect the public health, safety and welfare by pursuing the following objectives like encourage innovation in community development, foster the safe, efficient, and economic use of the land and public facilities and services.
Zone name
Special Development Area
General category
UNKNOWN
Zone area
2,360.43 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
1.87 ac
Current owner
From public records · entity-resolved
Pelican Preserve Community Assn INC
Entity
Free & Clear · 2 yrs held
Mailing address
3365 WOODS EDGE CIR STE #102, BONITA SPRINGS, FL 34134-3325
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2024
—
Pelican Preserve Community Assn INC
Wci Communities LLC
Quit Claim Deed
related
—
Sep 21, 2020
$280,000
Michael S Causey
Marilyn E Shepherd
Warranty Deed
—
—
—
Wci Communities LLC
—
Deed Of Trust
related
$125,000,000 · Wilmington Trust Co
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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