$259,000
3 Bed SingleFamilyResidence for Sale in Fort Myers
16620 Arbor Ridge Drive, Fort Myers, FL, 33908
About this home
Investors and owner-builders take note. Rare opportunity in the Iona/McGregor corridor. Minutes to Sanibel Island and Fort Myers Beach. This 1974 concrete block ranch is sold strictly as-is, but the expensive structural work is already done: shingle roof in great condition, full post-Ian repipe completed and ready to connect, interior demoed to studs and slab giving you a clean canvas. Pool holds water, needs equipment. Brand new beautiful home built just next door. No HOA, AG-2 zoning allowing flexibility, RV access/parking, oversized 8x12 shed with electric and hurricane straps, new roof.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1974
- Interior
- 1,512 sqft
- Lot size
- 21,344.4 sqft
- Acreage
- 0.49 acres
- Garage
- None
- Days on market
- 24
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $3,626/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- West
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Not specified
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Yes
- County
- Lee
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
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 5 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 |
|---|---|---|---|---|---|
| 13430 Causeway Palms Cove LOT #4 | Sep 2025 | $275,000 | 2/2 | 1,507 | $182 |
| 12520 Kelly Greens Boulevard 342 | Mar 2026 | $245,000 | 2/2 | 1,342 | $183 |
| 12561 Kelly Sands Way 8 | Dec 2025 | $320,000 | 2/2 | 1,336 | $240 |
| 12541 Kelly Sands Way 15 | Jan 2026 | $289,000 | 2/2 | 1,336 | $216 |
| 16326 Kelly Woods Drive | Feb 2026 | $265,000 | 3/2 | 1,565 | $169 |
| Average | 5 comps | $278,800 | $198 |
Market trends, Cottage Point
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $10,999 (4.1%) from the original list price.
| Jul 31, 2026 | Price reducedfrom $269,999 | $259,000 |
| Jul 7, 2026 | Listed | $269,999 |
The good, the trade-offs & the location
- Built 1974 — 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.