1905 Oakley Ave, Unit A AND B

$399,900
Price
3
Beds
1,438 Sq. Ft.
$278 / Sq. Ft.
1,438
Sq. Ft.
$278
per Sq. Ft.

Description

Well maintained DUPLEX in desirable McGregor Corridor. Impact windows! Roof 2019, ACs 2019, Water heaters 2020 and 2012, washer/dryers in both units. Unit B is a 2 bed, 1 bath with screened lanai - tenant pays 1500 pm plus full electric. Unit A is a 1 bed, 1 bath - prior tenant paid 1200 pm plus full electric. Not is a flood zone and property has never flooded. Live in one side and rent the other OR investors achieve a CAP RATE in the 5s! Income = $32,400 and expenses $11,800 (Insurance 3500, Taxes...Well maintained DUPLEX in desirable McGregor Corridor. Impact windows! Roof 2019, ACs 2019, Water heaters 2020 and 2012, washer/dryers in both units. Unit B is a 2 bed, 1 bath with screened lanai - tenant pays 1500 pm plus full electric. Unit A is a 1 bed, 1 bath - prior tenant paid 1200 pm plus full electric. Not is a flood zone and property has never flooded. Live in one side and rent the other OR investors achieve a CAP RATE in the 5s! Income = $32,400 and expenses $11,800 (Insurance 3500, Taxes 4900, lawn 1560 and water 1800). Nice corner lot duplex just off US 41 / Cleveland Ave., within walking distance of Edison Mall. Each unit has its own driveway and private entrance, Unit 1 fronts Oakley Ave. and Unit 2 fronts Kelly St.
  1. Listed by Denise Chambre • Keller Williams Realty Fort Myers and the Islands • 239-247-2868

Property Details for 1905 Oakley Avenue, Unit A AND B

Development
PALMLEE PARK
Building Design
Duplex
Community Type
No Subdivision, Non-Gated
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
None/Other
LISTING UPDATED: 09/10/2025 11:01 AM

Property Details for 1905 Oakley Avenue, Unit A AND B

StatusActive
MLS #225029304
Days on Market274
Taxes$4,891 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.15 AC / 6,446 SF
CountyLee County

Location

Listing Courtesy of Keller Williams Realty Fort Myers and the Islands, Denise Chambre
Add your commute

Building Information for 1905 Oakley Avenue, Unit A AND B

Stories1Residences2Year Built1950Building Size-Lot Size0.15 AC / 6,446 SF

Payment Calculator

$2,384 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,976

Property Taxes

$408

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1905 Oakley Avenue, Unit A AND B

Summary
Location and General Information
  • City: Fort Myers
  • Human Modified: Yes
  • Latitude: 26.61
  • Longitude: -81.87
  • MLS Area Major: FM02 - Fort Myers Area
  • Pets: No Approval Needed
  • Postal Code: 33901
  • Street Name: Oakley
  • Street Number: 1905
  • Street Suffix: AVE
  • Block: 34
  • Unit Number: A and B
  • Full Address: 1905 Oakley AVE A and B
Parking
  • Covered Spaces: .00
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • Association Fee Total Frequency: Annually
  • Association Fee 2: $.00
  • Tax Annual Amount: $4,890.69
  • Tax Year: 2024
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Development Name: PALMLEE PARK
  • Parcel Number: 35-44-24-P2-00834.0160
  • Property Type: Residential Income
  • Section: 35
  • Lot Unit: 16
  • Source of Measure Lot Dimensions: Measured
  • Lot Desc: Corner Lot, Oversized Lot
  • Acres: 0.148
  • Lot Size Area: 0.148
  • Lot Size Dimensions: 60 x 109 x 60 x 109
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: PALMLEE PARK BLK 34 PB 6 PG 1 LOTS 16
Property and Assessments
  • Total Area: 1438.0
  • Possession: Close Of Escrow
  • Property Condition: Resale
  • Property Sub Type: Duplex
  • Township: 44
  • Range: 24E
  • Special Assessment: 0.00
  • Sub Condo Name: PALMLEE PARK
  • Year Built Numeric: 1950
  • Property Sub Type Additional: Duplex
  • Zoning Code: RM-16
Lease Information
  • Land Lease Fee: $.00
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: Central
  • Utilities: Cable Available
  • Water Source: Public
  • Water: Central
Multi Family
Multi-Family Information
  • Gross Rental Income: $38,400.00
  • Annual Net Operating Income: $26,640.00
  • Annual Food And Beverage Minimum: 0.00
  • Number Of Units Total: 2
  • Annual Expenses: $6,860.00
  • Stories: 1.0
  • Units in Building: 2
Unit 1 Information
  • Monthly Gross Income: $1,800.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Description: Laundry in Residence,Screened Balcony,Cable Available,Dryer,Range,Refrigerator,Washer
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 1800
  • Unit Type Type: Two Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 838.0
Unit 2 Information
  • Monthly Gross Income: $1,400.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Description: Laundry in Residence,Dryer,Range,Refrigerator,Washer
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 1400
  • Unit Type Type: One Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 600.0
Interior and Exterior Features
Exterior Features
  • Architectural Style: Ranch, One Story
  • Association Amenities: None
  • Canal Width: None
  • Community Features: Non Gated
  • Construction: Poured Concrete, Concrete Block
  • Exterior Features: None
  • Exterior Features: None
  • Irrigation Source: None
  • Private Pool: No
  • Roof: Shingle
  • Structure Type: Duplex
  • Gulf Access: No
  • Spa: No
Interior Features
  • Baths Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2.0
  • Beds Total: 3
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Elevator Text Details: None
  • Flooring: Laminate, Tile, Vinyl
  • Heating: Central, Electric
  • Heating: Yes
  • Window Features: Impact Glass
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 1905 Oakley Avenue, Unit A AND B

DateEvent & SourcePriceAppreciation
Sep 10, 2025

Price Change

FORTMLS #225029304

$399,900—
Aug 7, 2025

Price Change

FORTMLS #225029304

$410,000—
Jun 9, 2025

Price Change

FORTMLS #225029304

$425,000—
Mar 19, 2025

Listed (Active)

FORTMLS #225029304

$460,000—
DateEvent & SourcePrice
09/10/2025

Price Change

FORTMLS #225029304

$399,900
08/07/2025

Price Change

FORTMLS #225029304

$410,000
06/09/2025

Price Change

FORTMLS #225029304

$425,000
03/19/2025

Listed (Active)

FORTMLS #225029304

$460,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1905 Oakley Avenue, Unit A AND B

This home is within School District of Lee County.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 5
Rating
School
Distance
Allen Park Elementary School
PublicPK to 5

Tanglewood Elementary School
PublicPK to 5

Colonial Elementary School
PublicPK to 5

Orangewood Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1905 Oakley Avenue, Unit A AND B is a multi-family home for sale in Fort Myers, FL 33901. This property was listed for sale on March 19, 2025 by Keller Williams Realty Fort Myers and the Islands, it's currently listed at $399,900. This listing's school district is School District of Lee County. Nearby schools include Allen Park Elementary School, Tanglewood Elementary School and Colonial Elementary School. 1905 Oakley Avenue, Unit A AND B is a 3-bed, 2-bath, 1,438 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Fort Myers and the Islands, Denise Chambre

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