1905 Oakley Ave Unit A and B Fort Myers, FL 33901
Palm Lee Park NeighborhoodEstimated payment $2,642/month
Total Views
2,388
3
Beds
2
Baths
1,438
Sq Ft
$285
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 - last tenant paid 1800 pm plus full electric. Unit A is a 1 bed, 1 bath - prior tenant paid 1400 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 6s! Income = $38,400 and expenses $11,800 (Insurance 3500, Taxes 4900, lawn 1560 and water 1800).
Listing Agent
Keller Williams Realty Fort Myers and the Islands Brokerage Phone: 239-247-2868 License #258008519 Listed on: 03/19/2025
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
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 | $12,000 | Credit Line Revolving | |
| Previous Owner | $76,000 | Commercial |
Source: Public Records
Similar Homes in Fort Myers, FL
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 225029304
APN: 35-44-24-P2-00834.0160
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