The Fort Myers, Florida, multifamily market started the second quarter of 2025 with its highest vacancy rate on record at 16.9%. New construction completions have outpaced renter demand for three consecutive years, and that trend has carried over into 2025.
Multifamily vacancy at all-time high in Fort Myers, Florida
Renter demand well below the pace of construction completions
CoStar Analytics
May 12, 2025 | 3:52 P.M.
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