JBM® Institutional Multifamily Advisors Lists Estero Oaks, A Prime Residential Community in Florida
JBM® Institutional Multifamily Advisors Lists Estero Oaks
In a significant move for the Fort Myers real estate market, JBM® Institutional Multifamily Advisors has recently announced the exclusive listing of Estero Oaks. This premium garden-style multifamily community is strategically located in the highly sought-after South Fort Myers/Estero sub-market, which is rapidly becoming a prime destination for both residents and investors alike.
About Estero Oaks
Built in 2017, Estero Oaks features high-quality concrete block construction and offers a total of 280 units. The community is designed with a low-density layout, presenting a comfortable and spacious environment with just 13.53 units per acre. Potential buyers will find that this property showcases an impressive blend of luxury and convenience.
One of the most notable aspects of Estero Oaks is its extensive array of amenities designed to enhance the living experience for its residents. Spanning four acres, the community includes a stunning lake complete with a jogging trail, a resort-style swimming pool, a hot tub, and a state-of-the-art fitness center that is accessible 24 hours a day. For pet owners, there's a designated dog park, while the package room ensures secure delivery services for parcels.
Residents can unwind in the grand clubhouse, which includes a spacious lounge, a coffee station, and private office areas. Additionally, for those in need of extra storage or convenient parking, attached garages, storage units, and reserved parking spaces are available for rent.
Unit Features
Estero Oaks offers a diverse mix of one, two, and three-bedroom units, with an average size of 1,124 square feet, which is noteworthy for the local market. The interiors of the units are crafted with features that elevate the living experience, including chef-inspired kitchens equipped with granite countertops, modern stainless steel appliances, under-cabinet lighting, stylish pendant lighting fixtures, and Luxury Vinyl Tile (LVT) flooring in living areas and select bedrooms.
Owners seeking to enhance the property’s revenue potential may find opportunities for a light value-add program as well as the implementation of a bulk internet service to generate additional income.
Prime Location
The strategic location of Estero Oaks adds considerable value to this listing. Surrounded by several outparcels, including a self-storage facility, a 7-Eleven, and the Southwest Florida Proton Cancer Treatment Facility, the area is well-equipped with essential services. Furthermore, plans for additional retail units are set to begin construction later this year, further increasing the property's attractiveness.
According to U.S. News & World Report, Fort Myers ranks as the fastest growing area in the United States for 2024-2025, illustrating the desirability of the region. Connectivity is excellent, with easy access to Interstate 75 and nearby major roads such as Alico Road and U.S. Highway 41, making commuting convenient. Notably, popular attractions such as the Miromar Outlets and Gulf Coast Town Center are just a short drive away, and Florida Gulf Coast University, employing 1,500 staff and enrolling over 16,000 students, is located one mile from Estero Oaks.
The affluent Estero’s submarket boasts an impressive average household income exceeding $134,000 within just five miles of Estero Oaks, signaling a robust market for multifamily properties.
JBM® Institutional Multifamily Advisors
JBM® holds a powerful position in the Southwest Florida real estate market with more than 70% market share, ranking as the top boutique brokerage in the U.S. Furthermore, Green Street’s national multifamily broker rankings designate JBM® as having the highest average sold price per transaction nationwide for four consecutive years. With over $20 billion in transaction volume and management of more than 172,000 units, JBM® continues to be a trusted leader in the multifamily market.
Interested parties are encouraged to act quickly as a Call For Offers Date is set for Thursday, May 1st, making this an exciting opportunity for potential investors.
Estero Oaks promises a remarkable investment for those looking to secure a prime residential community in one of Florida’s hottest markets.