$190,000
2 Bed SingleFamilyResidence for Sale in Cabana City
1157 4th Way, North Fort Myers, FL, 33903
About this home
Investment Opportunity- Under Lease until 5/31/2026. This stunningly fully remodeled two-bedroom, one-bath home in Cabana City is a true gem. Boasting extensive upgrades, including new electrical systems, windows, flooring, air-conditioning, appliances, outdoor siding, plumbing and new roof. The property spans two corner parcels, offering the added bonus of a vacant corner lot alongside the home giving it triple frontage. Located just blocks from the water in desirable North Fort Myers, you'll enjoy the perfect blend of modern living and an unbeatable location.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1937
- Interior
- 736 sqft
- Lot size
- 5,227.2 sqft
- Acreage
- 0.12 acres
- Garage
- None
- Days on market
- 513
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $2,660/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- West
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- 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.
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 |
|---|---|---|---|---|---|
| 3340 N Key Drive B1 | May 2026 | $144,150 | 2/1 | 791 | $182 |
| 3330 N Key Drive F6 | Jun 2026 | $165,000 | 2/1 | 791 | $209 |
| 1460 Maranatha Drive | Dec 2025 | $195,000 | 2/1 | 768 | $254 |
| 3460 N Key Drive 301 | Oct 2025 | $149,000 | 1/1 | 840 | $177 |
| Average | 4 comps | $163,288 | $206 |
Market trends, North 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
Down $45,000 (19.1%) from the original list price.
| Aug 5, 2026 | Price reducedfrom $215,000 | $190,000 |
| Mar 10, 2025 | Listed | $235,000 |
The good, the trade-offs & the location
- Storm protection: Impact Windows/Doors
- Built 1937 — 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
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.