2 Bed Townhouse for Sale in Fort Myers, FL, $120,000
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SoldMLS# 2025024689

$120,000

2 Bed Townhouse for Sale in Fort Myers, FL, $120,000

5243 Cedarbend Drive 2, Fort Myers, FL, 33919

2 beds2 baths1,236 sqft
GatedCommunity Pool

About this home

SPECTACULAR OPPORTUNITY for someone to either fix up as an investment or make it your special home. LEAST EXPENSIVE Resale Townhome in Fort Myers (under $100/sq. ft.) It ONLY needs some flooring, paint and Bathroom vanities to make it ready to go ... (Estimates available) The OVERSIZED BEDROOMS have plenty of room for your furniture and a desk or sitting area. The LARGE FENCED PATIO gives you many options. Create a garden or landscape of your choice, then entertain friends/family or just enjoy kicking back in your own OASIS. This Centrally Located Complex has EASY ACCESS to Downtown Fort Myers, The Beaches, RSW ... Don't let this Deal get away !

Property details

Type
Townhouse
Year built
1983
Interior
1,236 sqft
Lot size
1,132.56 sqft
Acreage
0.03 acres
Garage
None
Days on market
142
Total association fees
$6,624/yr (~$552/mo)
CDD
None
Est. taxes (1.4%)
$1,680/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
South
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
Call, Conditional
County
Lee

Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges — mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees — which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.

Maintenance included in the fee

AssociationManagementInsuranceIrrigationWaterMaintenanceGroundsPestControlRecreationFacilitiesRoadMaintenanceStreetLightsTrashWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

PoolManagement

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.

Below marketThis home is priced below comparable recent sales — a potential value.
This home
$97/sqft
Comp median
$113/sqft
Difference
-14%

Based on the $/sqft of 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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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
5245 Cedarbend Drive 4Jun 2026$135,0002/21,236$109
5247 Cedarbend Drive 2Apr 2026$90,0002/21,236$73
5224 Cedarbend Drive 4Nov 2025$145,0002/21,236$117
5218 Cedarbend Drive 4Jul 2026$144,0002/21,236$117
Average4 comps$128,500$104

Market trends — Fort Myers

Median list
$324,918
Median $/sqft
$212
Median sold (90d)
$331,000
Avg days on market
97
Active listings
2,591
Median sold price · Fort Myers
$330,500last 3 months0.2% vs $330,000 prior 3 months
Median closed price by month · Fort Myers
2.5% MoM3.7% YoY
$317k$348k$380kJul ’25Jul ’26
$316,750Jul ’26 · 272 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 $28,780 (20.6%) from the original list price.

May 19, 2026Sold$111,220
Feb 19, 2026Price reducedfrom $140,000$120,000
Dec 15, 2025Listed$140,000

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
Consider
  • Built 1983 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
Location convenienceHigh
Hospital
2.8 mi
Gulf Coast Medical Center
Beach
10 mi
Fort Myers Beach
Airport
1.1 mi
Page Field (Fort Myers)
Shopping
1.4 mi
Edison Mall (Fort Myers)

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.