Real Estate In Estero Florida

Lee County

Estero is located in Lee County, Florida.

Located between Fort Myers and Naples, Estero is a strategic hub that offers a unique lifestyle experience in Southwest Florida. The community has been carefully planned and provides a refreshing and dynamic living option for residents in the region. With stunning gated communities as residential options, Estero is also home to major commercial entities such as Florida Gulf Coast University, Germain Arena, and three prominent retail centers – Coconut Point, Gulf Coast Center and Miramar Outlets. Being recognized as the premier retail destination between Sarasota and Miami, Estero boasts of a strong retail presence. Additionally, the Southwest Florida International Airport is conveniently located just a short drive away.

Lee County is located in the southwestern part of Florida, on the Gulf Coast. Its county seat is the city of Fort Myers. It is bordered by Charlotte County to the north, Hendry County to the east, Collier County to the south, and the Gulf of Mexico to the west. Lee County is a popular tourist destination, known for its warm weather, beaches, and outdoor activities. It is also home to a large retirement community, making it one of the fastest-growing counties in the state.

Southwest Florida History

Located on the beautiful Gulf Coast of Florida, Lee County is a vibrant and thriving community with a population of 760,822 as of the 2020 census. As of 2022, the county’s population has grown to 822,453, making it the eighth-largest county in the state. Fort Myers, with a population of 86,395 according to the 2020 census, serves as the county seat, while the bustling city of Cape Coral boasts an estimated population of 194,016.

Lee County Geography Summary

The county is part of the larger Cape Coral-Fort Myers Metropolitan Statistical Area (MSA), which also includes the Naples-Marco Island (Collier County) MSA and the Clewiston (Hendry County, Glades County) Micropolitan Statistical Area (μSA). Together, these areas form the Cape Coral-Fort Myers-Naples Combined Statistical Area (CSA), a hub of economic activity and cultural diversity.

Counties Summary

Originally formed in 1887 from Monroe County, Lee County has a rich history and is now a popular tourist destination. Fort Myers, known as the county’s center of tourism, sits at the intersection of the Caloosahatchee River and the Gulf of Mexico, approximately 120 miles (190 km) south of Tampa. The county is also home to the spring training camps of both the Boston Red Sox and the Minnesota Twins Major League Baseball teams, making it a sports lover’s paradise. Whether you’re looking for picturesque beaches, lively attractions, or a taste of Florida’s unique charm, Lee County has something for everyone.

Lee County History:

Protohistory and European contact (500–1799)

The area now known as Lee County has a long history of human habitation. European contact led to the establishment of fishing camps, known as “ranchos” in Spanish, by Cuban and other Spanish colonists along the Gulf Coast of Florida in the late 1600s. These ranchos eventually gave way to larger European settlements in the following centuries.

Fort established (1850s–1860s)

To protect against Native American attacks, Fort Myers was built in 1850 and named after Colonel Abraham C. Myers, its commander and son-in-law of the fort’s establisher. In 1858, after years of fighting, the Seminole leader Billy Bowlegs and his warriors surrendered and were moved west. The fort was later abandoned and briefly occupied by federal troops during the Civil War in the 1860s. It was used as a supply base to disrupt the Confederate cattle supply from Florida and was also the site of the Battle of Fort Myers in 1865. After the war, the fort was abandoned again, and some of its wood was used to build downtown Fort Myers.

Settlement and early growth (1860s-1920s)

The first permanent settlers arrived in Fort Myers in 1866, with the largest influx happening in the 1870s. Tervio Padilla, a wealthy merchant from the Canary Islands, established trade with Native Americans and ranchos in the area. He eventually settled and prospered until his fleet was destroyed during the Spanish-American War. Padilla then turned to fishing for a living and his family became one of the first pioneer families in Lee County.

Robert E Lee

In 1882, the population of Fort Myers grew significantly and the city was officially incorporated in 1885. It became the second-largest city on Florida’s west coast, behind only Tampa, and was even larger than Clearwater and Sarasota at the time. In 1887, Lee County was formed from Monroe County, with Fort Myers as its county seat. The county was named after Confederate General Robert E. Lee. Fort Myers gained national recognition as a winter resort after the opening of the Royal Palm Hotel in 1898, which was frequented by notable figures such as Thomas Edison and Henry Ford.

Fort Myers Officially Becomes A City

In 1911, Fort Myers officially became a city. The 1920s saw a real estate boom and the construction of the Tamiami Trail Bridge over the Caloosahatchee River, leading to the growth of the city and surrounding subdivisions. In 1927, the city’s first airport, Page Field, was built on land purchased by the city.

Modern growth (1940s-present)

During World War II, Page Field served as an advanced fighter training base and home to several bomber groups. After the war, the airport was converted for commercial use and a small terminal was constructed in the mid-1950s. Another airfield, Buckingham Army Airfield, was built in 1942 and later served as a classroom for Edison College.

The closure of the Royal Palm Hotel in 1947 marked the end of an era, and the hotel on the corner of First and Fowler was torn down. In 1983, the Southwest Florida Regional Airport (now Southwest Florida International Airport) opened, providing a major boost to the county’s economy. The county has also hosted numerous Major League Baseball teams for spring training over the years.

Hurricanes in Southwest Florida

Lee County has experienced severe storms from major hurricanes over the years. In August 2004, Hurricane Charley, a category 4 storm, caused significant damage to the county’s northwestern islands of Captiva, Gasparilla, and North Captiva. In September 2017, Hurricane Irma, a category 2 storm, struck Lee County. And in September 2022, Hurricane Ian, a category 4 storm, made landfall on the county, resulting in extensive destruction to areas like Sanibel, Pine Island, and surrounding areas. The Sanibel Causeway even partially collapsed in the aftermath, and sadly, the storm claimed 71 lives in Lee County.

Geography of Lee County

In terms of geography, Lee County spans a total area of 1,212 square miles, with 35.3% of that being covered by water, according to the U.S. Census Bureau. The county is situated on the southwest coast of Florida and is around 125 miles south of Tampa, 115 miles west of Fort Lauderdale, and roughly 125 miles west-northwest of Miami. It borders Charlotte County to the north, Glades County to the northeast, Collier County to the southeast, and Hendry County to the east.

Additionally, Lee County is home to several national protected areas, including the Caloosahatchee, J.N. “Ding” Darling, Matlacha Pass, and Pine Island National Wildlife Refuges. The county is also home to various islands, such as Big Hickory Island, Captiva Island, Cayo Costa, Cabbage Key, Estero Island, Gasparilla Island, Little Hickory Island, Lovers Key, Matlacha Island, Mound Key Archaeological State Park, North Captiva Island, Pine Island, San Carlos Island, Sanibel Island, and Useppa Island.

Estero Auto Insurance Rates

Living in Estero, FL does not necessarily affect auto insurance rates significantly compared to other cities in Florida. However, insurance rates can vary depending on the specific location within Estero and the individual’s driving record, age, and other factors.

Miami Auto Insurance Rates

Generally, rates in urban areas like Miami and Tampa tend to be higher due to higher levels of traffic and a higher rate of accidents, while more rural or suburban areas may have lower rates.

In addition, Florida has some of the highest auto insurance rates in the country due to its no-fault insurance system and high population density. Therefore, living in any city in Florida may result in higher insurance rates compared to other states.

FAQs

1. What is the current state of the real estate market in Estero, FL?

A: The real estate market in Estero, FL is strong and has been steadily increasing over the past few years. The median home price and average sale price have both risen from last year, and the average days on the market for homes have decreased.

2. How has the median home price in Estero changed recently?

A: The median home price in Estero has increased from last year. This trend reflects a robust market with strong demand and a higher average sale price compared to previous years.

3. What is the current average price per square foot for homes in Estero?

A: The average price per square foot for homes in Estero is higher than the Cape Coral-Fort Myers Metro average, indicating a premium market and increased home values in the area.

4. How does the median rent price in Estero compare to the Cape Coral-Fort Myers Metro area?

A: The median rent price in Estero is higher than the Cape Coral-Fort Myers Metro median. This suggests a strong rental market with higher demand for rental properties in Estero.

5. What is the trend for the median sale price of single-family homes in Estero?

A: The median sale price of single-family homes in Estero has been increasing and is expected to continue rising. The trend indicates that median sale prices are likely to reach new highs by 2025.

6. How long do homes typically stay on the market in Estero?

A: Homes in Estero are currently spending fewer days on the market compared to the same time last year. This shorter time frame reflects a strong demand and a competitive real estate market.

7. What factors contribute to the strong real estate market in Estero?

A: The strong real estate market in Estero is driven by high demand, rising median and average home prices, an abundance of single-family homes, and a shorter average time on the market. These factors contribute to a favorable investment environment for both current and potential residents.

8. What should buyers and sellers know about the future of the Estero real estate market?

A: Buyers and sellers should be aware that the real estate market in Estero is expected to remain strong, with increasing median sale prices and continued high demand. The market conditions are likely to provide a favorable return on investment for real estate in Estero.

Factors that can affect auto insurance rates in Florida include the area’s crime rate, weather patterns, and the driver’s credit score. Estero, being a relatively safe suburban area with moderate weather, may not see significant differences in insurance rates compared to other cities in Florida that have higher crime rates or extreme weather conditions.

What It Is Like Living In Estero FL

Estero, Florida, is a vibrant, diverse and growing community located in the southwestern part of the state. It is home to a range of businesses, from multinational corporations to small locally-owned shops, and a population of over 33,000 people. With beautiful beaches, nature preserves, and a variety of cultural activities, Estero is a popular destination for tourists, as well as a desirable place to live for its residents.

Pros of Living in Estero FL

1. Economic Development

One of the biggest advantages to living in Estero is its thriving economy. The city has a robust business community that includes a mix of large corporations and small businesses. This variety provides diverse employment opportunities for residents, from retail and hospitality to healthcare and technology. Estero is also home to some of the biggest names in business, such as Hertz Global, Chico’s FAS, and Hulett Environmental Services, providing a stable job market and contributing to the city’s economic development.

2. Abundance of Outdoor Activities

Estero is surrounded by natural beauty, making it a haven for outdoor enthusiasts. It is home to over 30 parks, nature preserves, and recreational facilities, offering endless opportunities for hiking, biking, canoeing, fishing, and more. One of the most popular destinations is Estero Bay Preserve State Park, a 10,000-acre park with diverse ecosystems and abundant wildlife. The city’s tropical climate also allows for year-round outdoor activities, and its location near the Gulf of Mexico offers easy access to some of the best beaches in the country.

3. Cultural and Entertainment Options

Although Estero is a small city, it offers a variety of cultural and entertainment options for residents. The Hertz Arena is a popular venue that hosts concerts, sporting events, and other live performances throughout the year. The Koreshan State Park, a historic site and nature park, offers a glimpse into the city’s past and hosts events and festivals. The Mound House, the oldest standing structure on Estero Island, also offers educational tours and interactive programs. With a range of options, Estero has something for everyone to enjoy.

4. Quality Education

Estero is home to several top-rated public and private schools, making it an attractive destination for families with children. The city is served by the Lee County School District, which has a reputation for excellence in education. There are also several private schools, such as the prestigious Canterbury School, offering families with options for their children’s education. In addition, Estero is home to Florida Gulf Coast University, providing residents with easy access to higher education opportunities.

5. Access to Healthcare

Residents of Estero have access to high-quality healthcare facilities with some of the best doctors and specialists in the state. These include Lee Health, a leading healthcare system, and NCH Healthcare System, a nationally recognized organization.

Cons of Living in Estero FL

1. High Cost of Living

One of the biggest drawbacks of living in Estero is its high cost of living. With its desirable location and amenities, the cost of housing, groceries, and other essentials can be significantly higher than the national average. This can be a challenge for those on a fixed income or with lower-paying jobs. However, it is important to note that the cost of living varies greatly depending on the neighborhood in Estero, so it is possible to find more affordable options.

2. Traffic Congestion

As the population of Estero continues to grow, so does the traffic. The city has a limited number of roads and highways, leading to congestion during peak hours. This can be frustrating for residents who have to commute to work or run errands. However, the city is actively working on improving its infrastructure to address this issue.

3. Limited Public Transportation

Estero is a primarily car-dependent city, with limited options for public transportation. The LeeTran bus system does serve parts of Estero, but the routes and schedules may not be convenient for all residents. This can be a challenge for those who do not own a car or prefer to use public transportation.

4. Minimal Hurricane Risk

Being located in Southwest Florida, Estero is not prone to risks for hurricane season every year from June to November. While the city has emergency management plans in place to mitigate the risk, hurricanes only cause damages along coastal residence and not significant damage and disruption to residents’ lives in Estero FL.

Surrounding Businesses in Estero FL

1. Multinational Corporations

Estero is home to several multinational corporations, including Hertz Global, a car rental company, and Chico’s FAS, a women’s clothing retailer. These companies provide employment opportunities for thousands of residents, contributing to the city’s economic growth. In addition, their presence brings in outside investment and increases the city’s tax revenue.

2. Tourism Industry

The tourism industry is a major contributor to Estero’s economy. The city is a popular destination for tourists, both domestic and international, due to its beautiful beaches, nature preserves, and recreational activities.

3. Small Local Businesses

Estero also has a thriving community of small local businesses, from independent shops and restaurants to services such as hair salons and law offices. These businesses add to the city’s unique charm and character and provide employment opportunities for residents.

4. Real Estate and Development

With its desirable location and growing population, the real estate market in Estero is booming. The city has seen an increase in new construction and development, including residential, commercial, and mixed-use projects. This creates job opportunities in the construction industry and supports the local economy through property taxes and other fees.

Crime Rate in Estero FL

According to City-Data, Estero’s crime rate is significantly lower than the national average.

1. Property Crime

Property crime, including burglary, larceny, and motor vehicle theft, is the most common type of crime in Estero.

2. Violent Crime

Estero has a low rate of violent crime compared to other cities in Florida.

Conclusion

In conclusion, living in Estero, FL, has its share of advantages and disadvantages. The city’s vibrant economy, abundance of outdoor activities, and cultural and entertainment options are major draws for residents and visitors.

1. Angelina’s Ristorante
2. Chops
3. Connors Steak and Seafood
4. Ruth’s Chris Steak House
5. Diveto Ristorante
6. Coopers Hawk
7. Hooked Island Grill
8. South Fork Grille
9. El Gaucho Inca
10. Tanglewood  – Hyatt
11. 41 Bistro
12. San Matteo
13. El Nido
14. Ristorante Farfalla
15. Burntwood Tavern
16. Caffe Da Michele
17. Nauti Parrot
18. Fat Katz Slider Bar
19. Ford’s Garage
20. Cheesecake Factory
21. El Locale

1. Storage Rentals of America
2. Public Storage
3. The Lock Up Self Storage
4. FreeUp Storage Bonita Springs
5. Extra Space Storage
6. Store Space Self Storage
7. Bonita Storage Inn
8. CubeSmart Self Storage
9. Beach Storage
10. Elite RV & Boat Storage – Fort Myers
11. Storage King USA
12. My Boat Storage
13. The Lock Up Self Storage
14. Corkscrew Village Self Storage

Nestled between Naples and Fort Myers, Estero is a quaint village in Southwest Florida that boasts ample opportunities for outdoor recreation and immersion in nature.

Visitors can fish, paddle, camp, hike, and explore in the area’s conservation areas, state parks, and local parks, where they can bask in the unspoiled beauty of the Gulf coast.

Apart from outdoor activities, Estero’s state parks showcase the region’s rich history.

1. Estero Community Park
2. Estero Recreation Playground
3. Estero Bay Aquatic Preserve
4. Estero River Scrub
5. Koreshan State Park
6. River Oaks Preserve
7. Tidewater Park
8. WINK Playland
9. Wa-Ke Hatchee Park
10. Turtle Pond
11. Crew Wildlife and Environmental Area
12. Turtle Pond 2
13. Bonita Springs Recreation Center
14. Mound Key Archaeological State Park
15. Volunteer Community of Koreshan State Park
16. Covered Bridge Golf Club

For more outdoor activities, visitors can venture just eight miles to Bonita Springs, where they can explore additional parks, beaches, and cultural venues.

Beaches

Estero and the surrounding areas offer plenty of options for saltwater activities.

Access points to Estero Island beaches

Bonita Beach Park

Other nearby beaches

Waterways

Explore the Estero River by renting a canoe, kayak, or paddleboard.

Estero Bay and Estero River

Family Fun

Estero Park and Recreation Center

Coconut Point family-friendly activities

Coconut Point play area

Museums, Art, and Entertainment

Culture enthusiasts can browse fine art, attend an opera, or catch a concert in Estero.

COCO Art Gallery

Gulfshore Opera

Hertz Arena

Other arts and entertainment options

Outdoor Adventures

Estero’s parks offer a range of activities for outdoor enthusiasts, including camping, fishing, wildlife viewing, hiking, biking, and paddling.