$249,000
2 Bed SingleFamilyResidence for Sale in Cypress Terrace
142 Palm Tree Lane, Fort Myers, FL, 33905
About this home
This Mid-Century Charmer is the perfect starter home for a couple or a small family to call their own! You can tell by the condition of this Lovely Home that it has been updated and improved...well-maintained and well-Loved by the owners over the years. This home features SPACIOUS OPEN LIVING/DINING/FAMILY AREAS, opening to a remodeled Kitchen, 2 spacious Bedrooms and 2 remodeled Bathrooms. The Roof was replaced 7 years ago, and the main Electric Panel was updated, and a Brand New high-efficiency Air Conditioning System installed just 1 month ago, with transferrable warranty! This home features Custom Verticals throughout, new doors and hardware...and original Terrazzo Flooring, along with travertine marble and ceramic tiles. All Appliances are included in this home sale. Outdoors boasts a spacious 1/3 acre lot with a private tropical backyard with a 6 foot stockade fence. Also featured is a screened in back porch/lanai, a garden shed, outdoor shower, and a large under-truss storage room off of the attached carport. You'll find plenty of storage throughout this property, and plenty of parking with a large paved Circle Driveway, and carport. Enjoy walks in this Peaceful Neighborhood, and Beautiful Sunrises or Breathtaking Sunsets over the Caloosahatchee River! Close to Everything...yet away from it all...Just 5 minutes to I-75 and ANYWHERE YOU NEED OR WANT TO GO! Close to Downtown Riverfront District, Spring Training Ballparks, Universities, Shopping, Restaurants, Schools, Medical Facilities, and a short drive to the RSW International Airport, and the Beaches! Don't miss this Gem near the Riverfront, with no flooding in any hurricane to date!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1959
- Interior
- 1,551 sqft
- Lot size
- 13,329.36 sqft
- Acreage
- 0.31 acres
- Garage
- None
- Days on market
- 37
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $3,486/yr
- Flood zone (area est.)
- Yes · High risk (VE)
- Storm protection
- None listed
- Exposure
- West
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- 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.
Based on the $/sqft of 4 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 4402 Armeda Avenue | Mar 2026 | $284,900 | 3/2 | 1,361 | $209 |
| 4117 Woodside Avenue | Feb 2026 | $297,000 | 3/2 | 1,438 | $207 |
| 3806 Edgewood Avenue | Dec 2025 | $285,000 | 3/2 | 1,425 | $200 |
| 4817 Zana Drive | Jan 2026 | $250,000 | 3/2 | 1,410 | $177 |
| Average | 4 comps | $279,225 | $198 |
Market trends, Fort Myers
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
| Nov 20, 2025 | Sold | $249,000 |
| Sep 28, 2025 | Listed | $249,000 |
The good, the trade-offs & the location
- Built 1959 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (VE) — flood insurance likely required
- No garage listed
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.