Fort Myers is the second-largest multifamily market in Southwest Florida, with just over 35,000 units, second only to Sarasota with its 45,000 units. Over the past several years, thousands of units have been completed, pushing the market's vacancy rate to an all-time high of 17% as of November.
Fort Myers, Florida, multifamily vacancy rate reaches all-time high
The latest supply wave greatly outpaces renter demand
CoStar Analytics
November 26, 2024 | 6:20 P.M.
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