1 Bed 1 Bath Waterfront SingleFamilyResidence for Sale in CABANA CITY, FL
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SoldMLS# 2026004073

$150,000

1 Bed 1 Bath Waterfront SingleFamilyResidence for Sale in CABANA CITY, FL

77 Oak Street, North Fort Myers, FL, 33903

1 beds1 baths784 sqft
GatedBoatingWaterfront

About this home

The Price is Right......Come on down!!!!! This is the Cheapest Gulf Access home in all of Fort Myers & Cape Coral!! This 1 Bedroom 1 bath Handyman Special has a metal roof, and offers direct boating access only minutes away to the river and open water. Located just over the bridge in North fort Myers and walking distance to downtown Fort Myers makes this a great AIR BNB or short term rental. Close to shopping , restaurants, and entertainment, this home has tons of potential with a little TLC. Come and explore this opportunity today!

Property details

Type
SingleFamilyResidence
Year built
1957
Interior
784 sqft
Lot size
9,016.92 sqft
Acreage
0.21 acres
Garage
None
Days on market
25
Total association fees
None
CDD
None
Est. taxes (1.4%)
$2,100/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Shutters
Exposure
South
Waterfront
Yes
Gulf access
Yes
Gulf access type
Indirect — bridges/locks
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Septic Tank
New construction
No
Pets
Yes
County
Lee

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

Above marketThis home is priced above comparable recent sales.
This home
$191/sqft
Comp median
$175/sqft
Difference
+9%

Based on the $/sqft of 8 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months — similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
48 W North Shore AvenueOct 2025$130,0002/1645$202
3340 N Key Drive B1May 2026$144,1502/1791$182
3326 N Key Drive 5Jul 2026$115,0002/1791$145
3330 N Key Drive F6Jun 2026$165,0002/1791$209
1165 Palm Avenue 5CDec 2025$119,9992/1927$129
3460 N Key Drive 301Oct 2025$149,0001/1840$177
Average6 comps$137,192$174

Market trends — North Fort Myers

Median list
$274,900
Median $/sqft
$178
Median sold (90d)
$275,000
Avg days on market
94
Active listings
629
Median sold price · North Fort Myers
$276,000last 3 months4.8% vs $289,999 prior 3 months
Median closed price by month · North Fort Myers
5.8% MoM12.7% YoY
$240k$284k$329kJul ’25Jul ’26
$275,000Jul ’26 · 51 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $89,000 (44.7%) from the original list price.

Mar 3, 2026Sold$110,000
Feb 3, 2026Price reducedfrom $199,000$150,000
Jan 23, 2026Listed$199,000

The good, the trade-offs & the location

Pros
  • Gulf access (Indirect — bridges/locks)
  • Storm protection: Shutters
Consider
  • Built 1957 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
4.4 mi
Cape Coral Hospital
Beach
15.2 mi
Fort Myers Beach
Airport
5.5 mi
Page Field (Fort Myers)
Shopping
3.7 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities — approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.