$399,900
$60K PRICE DROP

1905 Oakley Ave Unit A and B Fort Myers, FL 33901

Palm Lee Park Neighborhood

Estimated payment $2,520/month

Total Views 3,076
3 Beds
2 Baths
1,438 Sq Ft
$278 Price per Sq Ft

Highlights

  • Corner Lot
  • Impact Glass
  • Central Heating and Cooling System
  • Fort Myers High School Rated A
  • Tile Flooring

About This Home

Well maintained DUPLEX in desirable McGregor Corridor. IMPACT WINDOWS! Roof 2019, ACs 2019, Water heaters 2020 and 2012, washer/dryers in both units. Unit B is a 2 bed, 1 bath with screened lanai - tenant pays 1500 pm plus full electric. Unit A is a 1 bed, 1 bath - prior tenant paid 1200 pm plus full electric. Not is a flood zone and property has never flooded. Live in one side and rent the other OR investors achieve a CAP RATE in the 5s! Income = $32,400 and expenses $11,800 (Insurance 3500, Taxes 4900, lawn 1560 and water 1800). Nice corner lot duplex just off US 41 / Cleveland Ave., within walking distance of Edison Mall. Each unit has its own driveway and private entrance, Unit 1 fronts Oakley Ave. and Unit 2 fronts Kelly St.

Listing Agent

Denise Chambre

Keller Williams Realty Fort Myers and the Islands Brokerage Phone: 239-247-2868 License #258008519 Listed on: 03/19/2025

Keller Williams Realty Fort Myers and the Islands

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,891

Year Built

  • Built in 1950

Lot Details

  • 6,447 Sq Ft Lot
  • Lot Dimensions are 60 x 109 x 60 x 109
  • Corner Lot
  • Oversized Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,438 Sq Ft Home
  • 1-Story Property
  • Impact Glass

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 16 / 34
  • Assessor Parcel Number 35-44-24-P2-00834.0160

Community Details

Overview

  • 2 Units
  • Palmlee Park Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $6,860
  • Net Operating Income $26,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,891

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.148
  • Lot Size: 60 x 109 x 60 x 109
  • Subdivision Name: PALMLEE PARK
  • Architectural Style: Ranch, One Story
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1950
  • Property Sub Type Additional: Duplex
  • Attribution Contact: 239-247-2868
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Laminate, Tile, Vinyl
  • Window Features: Impact Glass

Exterior Features

  • Lot Features: Corner Lot, Oversized Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: None
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 35-44-24-P2-00834.0160
  • Zoning Description: RM-16

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 26640.0
  • Annual Operating Expense: 6860.0

Tax Info

  • Tax Annual Amount: 4890.69
  • Tax Block: 34
  • Tax Lot: 16
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,891 $239,735 -- --
2024 $4,891 $217,941 -- --
2023 $4,438 $198,128 $65,146 $132,566
2022 $4,738 $206,132 $28,800 $176,779
2021 $671 $150,202 $29,227 $120,975
2020 $654 $133,234 $28,800 $104,434
2019 $631 $131,622 $28,800 $102,822
2018 $2,602 $121,933 $28,800 $93,133
2017 $2,518 $119,510 $28,800 $90,710
2016 $2,321 $101,424 $29,521 $71,903
2015 $2,069 $84,801 $21,701 $63,100
2014 $1,909 $85,199 $21,646 $63,553
2013 -- $50,906 $13,871 $37,035
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2025 09/10/25 Price Changed $399,900 -2.5% $278 / Sq Ft
08/07/2025 08/07/25 Price Changed $410,000 -3.5% $285 / Sq Ft
06/09/2025 06/09/25 Price Changed $425,000 -5.6% $296 / Sq Ft
04/18/2025 04/18/25 Price Changed $450,000 -2.2% $313 / Sq Ft
03/19/2025 03/19/25 For Sale $460,000 -- $320 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $208,500 Jewel Stone Ttl Ins Agcy Inc
Warranty Deed $197,000 Plam Title Associates Inc
Warranty Deed $178,500 First Fidelity Title Inc
Warranty Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,395 FHA
Previous Owner $76,000 Commercial
Source: Public Records

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225029304

Florida Gulf Coast Multiple Listing Service

APN: 35-44-24-P2-00834.0160

Florida Lee County Fort Myers 33901 Palm Lee Park

1905 Oakley Ave Unit A and B, Fort Myers, FL

For Sale

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Denise Chambre
Listing Agent
Denise Chambre
Section Image
Keller Williams Realty Fort Myers and the Islands
(239) 299-7694