5 Bed SingleFamilyResidence for Sale in Fort Myers
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For SaleMLS# 226021098

$399,000

5 Bed SingleFamilyResidence for Sale in Fort Myers

16820 Banyon Drive, Fort Myers, FL, 33908

5 beds3 baths2,268 sqft
GatedClubhouse

About this home

Investor opportunity near some of Southwest Florida's most desirable coastal destinations. This unique property features two updated residences on one parcel - a charming single family home offering 2 bedrooms and 1 full bath, large lanai for entertaining or just relaxing. The spacious manufactured home features 3 bedrooms and 2 full baths. Both homes showcase updated interiors with beautiful kitchens, volume ceilings, oversized windows, and an abundance of natural light throughout. The manufactured home is currently tenant occupied with a lease in place until July 2027 providing immediate income potential for investors or future flexibility for owner occupants. Ideally located near Sanibel Island, Bunch Beach, and Fort Myers Beach, this property offers easy access to beaches, dining, shopping and entertainment. Perfect as an investment property, multi-generational living setup, seasonal or retreat, or future primary residence with rental income potential.

Property details

Type
SingleFamilyResidence
Year built
1970
Interior
2,268 sqft
Lot size
13,939.2 sqft
Acreage
0.32 acres
Garage
None
Days on market
0
Total association fees
$100/yr (~$8/mo)
CDD
None
Est. taxes (1.4%)
$5,586/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

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.

Amenities

Clubhouse

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.

Not yet ratedNot enough comparable sales nearby to rate this home's price yet.

We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.

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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
16112 Cutters CourtDec 2025$475,0004/22,214$215
12477 Afton CourtFeb 2026$395,0004/22,433$162
Average2 comps$435,000$189

Market trends, Cottage Point

Median list
$245,000
Median $/sqft
$204
Median sold (90d)
$410,000
Avg days on market
124
Active listings
21
Median sold price · Cottage Point
$410,000last 3 months173.3% vs $150,000 prior 3 months

Live community medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Consider
  • Built 1970 — 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
5.5 mi
HealthPark Medical Center
Beach
3.3 mi
Fort Myers Beach
Airport
9.2 mi
Page Field (Fort Myers)
Shopping
7.5 mi
Bell Tower Shops

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.