With the housing market the way it is we are all over the board. Some homes are priced so low that a bidding war starts, and it sells above asking price. I would have your buyers agent run comps and see how well the home is priced. I would then make your offer accordingly. This home has been on the market since 12-3-2008. They had a price reduction of 10k on 2-13-2009. If you are not working with an agent I would be happy to help. Here is a link to the full mls sheet for the home.
Please let me know if I can help,
search Fort Myers mls at http://www.nancyd.listingbook.com