- CENTURY 21 Real Estate
- Florida
- Fort Myers
- 7261 Albany Road
7261 Albany Road, Fort Myers, FL 33967
Local realty services provided by:CENTURY 21 Results
Listed by: dr. shari turner mckee
Office: paradise real estate & rentals, llc.
MLS#:2026006192
Source:FL_GFMB
Price summary
- Price:$669,000
- Price per sq. ft.:$109.35
About this home
Oversized duplex with additional income opportunity in the heart of San Carlos Park. Situated on Albany Road, this ~4,466 SF property offers a rare combination of size, major upgrades, and investment potential that sets it apart from typical duplex inventory.
The property is legally a duplex per LEEPA and is currently configured with three income-producing living areas, providing immediate cash flow with future expansion potential (buyer to verify zoning, permits, and use). Originally purchased as a duplex, the owner has thoughtfully enhanced and improved the property over time, creating a unique asset for owner-occupants or investors.
Major improvements include a NEW ROOF (2023), solar panels that dramatically reduce electric costs, and newer A/C systems (approx. 2024). A shared screened pool adds strong tenant appeal and is a rare amenity for small multifamily properties in this area. The rear of the property now borders a canal added as part of post-storm drainage improvements (Ian), enhancing stormwater management and long-term resiliency.
The property has withstood multiple major storm events, with structural integrity maintained while surrounding features such as fencing and landscaping absorbed impact. Solar energy, updated systems, and recent capital improvements significantly reduce near-term operating risk and capital expenditures.
Located in a desirable non-HOA area of Fort Myers with convenient access to shopping, dining, schools, and major roadways. Comparable new-construction duplexes on the same street highlight the replacement-cost advantage offered here.
Estimated gross annual rental income of approximately $52,000 with stabilized net operating income of approximately $25,000 (based on current configuration). Additional upside may exist through rent optimization or future unit expansion.
Ideal for cash buyers, 1031 exchange investors, or owner-occupants seeking income, this is a compelling opportunity to acquire a large, improved multifamily asset with strong fundamentals and long-term upside.
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Home facts
- Year built:1983
- Listing ID #:2026006192
- Added:1 day(s) ago
- Updated:February 04, 2026 at 05:54 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Full bathrooms:6
- Living area:6,118 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Shingle
- Year built:1983
- Building area:6,118 sq. ft.
Finances and disclosures
- Price:$669,000
- Price per sq. ft.:$109.35
- Tax amount:$9,477 (2025)
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