1688 MedicalFort Myers, FL 33907

  • Specialty properties
  • 8,102 SF
Off market
$6,900,000 Estimated

Property Details for 1688 Medical

Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.69 AC
Property size (Sq ft)
8,102 SF
Zone code
PO
Property type
Specialty properties
Property subtype
Day care centers & nurseries
APN
02-45-24-P2-00300.0020
APU
024524P2003000020

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,100,782
    6.5%
    $1,939,184
    7%
    $1,800,670
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,869,140
    Geo Method
    $1,701,618
  • Alternative Use

    Use
    Valuation
    Residential
    $2,459,936
    Hospitality
    $2,253,288
    Educational
    $1,874,709
    Medical
    $1,939,184
    Retail
    $2,916,214
1688 Medical, Fort Myers, Florida

Location Insight

City
Fort Myers
County
Lee
State
Florida
Latitude
26.5954
Longitude
-81.8779
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
$1,454
$180,000
$490,947
$670,947
-
$180,000
$490,947
$670,947

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