Projects
Excalibur Motor Condominiums
Project facts
- Status
- Pre-Development
- Address
- 13461 Shire Ln
- City
- Fort Myers, Florida
- Region
- Southwest Florida
- Submarket
- Fort Myers; Cape Coral
- Units
- 42
- Amenity tier
- Standard
- Key amenities
- Private Bathrooms, RV & Boat Capable, Climate Control, Mezzanine Capabilities, High-Amp Electrical Service, Video Surveillance
- Construction
- Tilt Wall
- Finish level
- High-Quality
- Projected delivery
- 2026
- Flood zone
- X
Location Summary
Fort Myers / Fort Myers; Cape Coral Overview
The site at 13461 Shire Lane sits just off Daniels Parkway in south-central Fort Myers, the east-west spine that links the US 41 retail corridor about 3 miles west with Interstate 75 about 2.5 miles east and Southwest Florida International Airport (RSW) roughly 10 minutes east. It is an affluent gateway between the established golf-club neighborhoods south of Daniels and the fast-growing Gateway corridor beyond the interstate. Cape Coral to Fort Myers is a metro of about 875,600 residents that grew 15.1 percent from 2020 to 2025, and Florida's lack of a personal income tax continues to pull high-income households south; the airport's roughly $1.1 billion Terminal E expansion, targeted for 2027, further strengthens fly-in access for seasonal owners.
The immediate trade area is established rather than ultra-prime: about 3,867 households within five miles earn $200,000 or more, and more than 44 percent of residents are 55 or older, the retiree and semi-retiree profile that owns multiple vehicles, trailered boats and recreational vehicles. The corridor prices at a $263 per square foot trailing-twelve-month platform median with 5.0 percent annualized five-year appreciation, the value end of the region, with a practical, boat-oriented buyer pool.
Current Events & Infrastructure
- Three Oaks Parkway Extension North and Daniels Parkway widening: Lee County awarded EHC, Inc. a $39.7 million contract in February 2025 for the final phase of the Three Oaks Parkway extension, which ties into Daniels Parkway about 1 mile from the site and widens Daniels to eight lanes at the new intersection, with a three-year build. The project page adds a new signal at Powers Court and Apaloosa Lane, with Phase 1 expected in 2027 and Phase 2 in spring 2028. For this site it means a second north-south route to Estero and Bonita Springs directly at the Daniels frontage.
- Six Mile Cypress Parkway at Daniels Parkway: A $2 million intersection expansion awarded to Ajax Paving in February 2025 converts a northbound left-turn lane into an additional through lane, starting after the 2025 spring-training season. The intersection sits about 1.5 miles west of the site and is the main connection toward Colonial Boulevard and the city core.
- 289-unit apartment community near I-75: Lee County issued building permits in July 2026 for five four-story buildings totaling 289 units and 505,113 square feet on Daniels Parkway near I-75 and Gateway, about 4 miles east, at roughly $55.9 million in permit valuation.
Key Demand Drivers
The Daniels corridor mixes golf-club neighborhoods, new garden-style apartments and a steady stream of seasonal visitors, and very little of that housing comes with room for a second or third vehicle, a boat or a coach. Four-story apartment buildings, deed-restricted club lots and hurricane-conscious owners all push discretionary vehicles off the residential lot, and that shortage of secure, climate-controlled space close to home is the core of demand for collector garages here.
- Lee County Sports Complex and Hammond Stadium: About 1.5 miles southwest on Six Mile Cypress Parkway, the county-owned spring home of the Minnesota Twins seats 9,300 after a $48.5 million renovation that also added a player development academy and new practice fields.
- JetBlue Park at Fenway South: The Boston Red Sox spring-training complex occupies a 126-acre site north of RSW, about 3.5 miles east of the site, and has hosted Grapefruit League play since 2012.
- Gateway Marketplace: At the southwest corner of Daniels Parkway and State Road 82, about 6 miles northeast, a 54,964 square foot Publix and 7,700 square feet of shops were permitted in July 2026, followed in September 2026 by a 135,632 square foot Home Depot permit valued at $13 million, with delivery projected for mid-2027.
- Six Mile Cypress Slough Preserve: The county-managed 3,500-acre wetland preserve, with a 1.2-mile boardwalk trail, lies about 1 mile west of the site along Six Mile Cypress Parkway, an amenity that caps nearby development density and keeps the corridor green.
Location Highlights
- MSA Position: Cape Coral to Fort Myers counts about 875,600 residents after 15.1 percent growth from 2020 to 2025.
- Enthusiast / Collector Culture: Two major league spring-training complexes, the corridor's boating culture and a warm, dry November to April season keep discretionary vehicles and vessels in regular use.
- Infrastructure & Recreation: An eight-lane Daniels Parkway, a new Three Oaks connection to the south and a 10-minute drive to RSW give the site strong access, with preserve land immediately west.
- Market-Specific Factor: Owners who weathered recent hurricanes increasingly want hardened, enclosed space for high-value vehicles and boats.
- Tax & Quality of Life: Florida levies no personal income tax, and the state again led the nation in net adjusted gross income in-migration in the latest IRS filing year.
- High Net Worth Concentration: About 1,917 households within three miles, 3,867 within five miles and 7,299 within seven miles earn $200,000 or more, deep support for a 42-unit offering.
Area Demographics (ACS 2024)
5-Mile Profile: Population 83,236 | Median HH Income $80,210 | HH Earning $150K+ 18.8% | Median Age 48.2 | Age 55+ 44.3% | Seasonal Units 17.0% | Households with 3+ Vehicles 11.1% | YoY Population Growth Not yet available
Wealth Index: 3.7 / 10 (SCK portfolio-relative)