3 Bed SingleFamilyResidence for Sale in North Fort Myers
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For SaleMLS# 2026022801

$269,500

3 Bed SingleFamilyResidence for Sale in North Fort Myers

1199 Gramac Drive, North Fort Myers, FL, 33917

3 beds2 baths1,448 sqft
Gated

About this home

Turnkey investment opportunity! This property is sold with reliable annual-lease tenants in place, offering immediate cash flow. Located in a quiet North Fort Myers neighborhood with easy access to US-41, I-75, and Historic Downtown Fort Myers. Well-maintained, low-maintenance layout with a spacious yard and ample parking. ***Please note that the property is tenant-occupied; do not disturb the residents. Showings require 24-hour notice and are reserved for serious inquiries - need pre-approval letter before showing is confirmed.

Property details

Type
SingleFamilyResidence
Year built
1969
Interior
1,448 sqft
Lot size
9,496.08 sqft
Acreage
0.22 acres
Garage
None
Days on market
84
Total association fees
None
CDD
None
Est. taxes (1.4%)
$3,773/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
Southwest
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.

Below marketThis home is priced below comparable recent sales, a potential value.
This home
$186/sqft
Comp median
$206/sqft
Difference
-10%

Based on the $/sqft of 3 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
41 Victoria DriveApr 2026$239,0003/21,289$185
137 Dow LaneAug 2026$270,0003/21,312$206
14641 Paul Revere LoopApr 2026$281,0002/21,344$209
Average3 comps$263,333$200

Market trends, North Fort Myers

Median list
$275,000
Median $/sqft
$180
Median sold (90d)
$279,983
Avg days on market
91
Active listings
641
Median sold price · North Fort Myers
$275,000last 3 months8.3% vs $299,900 prior 3 months
Median closed price by month · North Fort Myers
0.7% MoM3.5% YoY
$240k$284k$329kJul ’25Aug ’26
$279,983Aug ’26 · 69 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 $5,500 (2%) from the original list price.

Aug 12, 2026Price reducedfrom $275,000$269,500
May 20, 2026Listed$275,000

The good, the trade-offs & the location

Consider
  • Built 1969 — 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
5.4 mi
Cape Coral Hospital
Beach
16.2 mi
Fort Myers Beach
Airport
6.2 mi
Page Field (Fort Myers)
Shopping
4.6 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.