7261 Albany Rd

6,118 Sq. Ft.
$109 / Sq. Ft.
6,118
Sq. Ft.
$109
per Sq. Ft.

Description

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...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.
  1. Listed by Dr. Shari Turner McKee • Paradise Real Estate & Rentals, LLC • drsheb.turnermckee@gmail.com

Property Details for 7261 Albany Road

Development
SAN CARLOS PARK
Building Design
Duplex
Community Type
No Subdivision
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
None/Other
LISTING UPDATED: 02/04/2026 11:10 AM

Property Details for 7261 Albany Road

StatusActive
MLS #2026006192
Days on Market3
Taxes$9,477 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1983
Lot Size0.21 AC / 9,278 SF
CountyLee County

Location

Listing Courtesy of Paradise Real Estate & Rentals, LLC, Dr. Shari Turner McKee
Add your commute

Building Information for 7261 Albany Road

Stories-Residences3Year Built1983Building Size-Lot Size0.21 AC / 9,278 SF

Payment Calculator

$4,050 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,261

Property Taxes

$790

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7261 Albany Road

Summary
Location and General Information
  • City: Fort Myers
  • Human Modified: Yes
  • Latitude: 26.48
  • Longitude: -81.83
  • MLS Area Major: FM14 - Fort Myers Area
  • Pets: No Approval Needed
  • Postal Code: 33967
  • Road Responsibility: Public Maintained Road
  • Street Name: Albany
  • Street Number: 7261
  • Street Suffix: RD
  • Block: 17
  • Full Address: 7261 Albany RD
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: $9,477.31
  • Tax Year: 2025
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Development Name: SAN CARLOS PARK
  • Parcel Number: 08-46-25-16-00017.0360
  • Property Type: Residential Income
  • Section: 08
  • Lot Unit: 36
  • Source of Measure Lot Dimensions: Plans
  • Lot Desc: Rectangular Lot
  • Acres: 0.213
  • Lot Size Area: 0.213
  • Source of Measurements: Plans
  • Lot Size Units: Acres
  • Legal Desc: SAN CARLOS PARK N ADDN BLK 17 PB 28 PG 16 LOTS 36 THRU 38
Property and Assessments
  • Total Area: 6118.0
  • Possession: Close Of Escrow
  • Property Condition: Resale
  • Property Sub Type: Duplex
  • Township: 46
  • Range: 25E
  • Special Assessment: 0.00
  • Sub Condo Name: SAN CARLOS PARK
  • Year Built Numeric: 1983
  • Property Sub Type Additional: Duplex, Triplex
  • Zoning Code: RM-2
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: Assessment Paid
  • Utilities: Cable Available
  • Water Source: Assessment Paid
  • Water: Assessment Paid
Multi Family
Multi-Family Information
  • Gross Rental Income: $48,600.00
  • Annual Net Operating Income: $28,000.00
  • Annual Food And Beverage Minimum: 0.00
  • Number Of Units Total: 3
  • Annual Expenses: $6,300.00
  • Units in Building: 3
Unit 1 Information
  • Monthly Gross Income: $1,650.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Description: Laundry in Residence,Screened Lanai/Porch,
  • Furnished: Unfurnished
  • Garage Type: Yes
  • Unit Type Garage Spaces: 1.00
  • Unit Type Pro Forma: 1650
  • Unit Type Type: Three Bedroom
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 3306.0
Unit 2 Information
  • Monthly Gross Income: $1,400.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Description: Laundry in Residence,Screened Lanai/Porch,
  • Furnished: Unfurnished
  • Garage Type: Yes
  • Unit Type Garage Spaces: 1.00
  • Unit Type Pro Forma: 1400
  • Unit Type Type: Two Bedroom
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 1406.0
Unit 3 Information
  • Monthly Gross Income: $1,200.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Description: Laundry in Residence,Screened Lanai/Porch,
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 1200
  • Unit Type Type: One Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 1406.0
Interior and Exterior Features
Exterior Features
  • Architectural Style: Duplex
  • Association Amenities: None
  • Canal Width: None
  • Construction: Poured Concrete, Concrete Block
  • Exterior Features: Patio
  • Exterior Features: Patio
  • Irrigation Source: Included In Assessment
  • Patio And Porch Features: Patio
  • Pool Features: Heated, In Ground, Pool Equipment, Solar Heat
  • Private Pool: Yes
  • Roof: Shingle
  • Structure Type: Triplex, Duplex
  • Gulf Access: No
  • Spa: No
Interior Features
  • Baths Full: 6
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 6.0
  • Beds Total: 6
  • Cooling: Central Air, Ceiling Fans, Electric
  • Cooling: Yes
  • Elevator Text Details: None
  • Flooring: Laminate, Tile
  • Heating: Central, Electric
  • Heating: Yes
  • Window Features: Double Hung
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 7261 Albany Road

DateEvent & SourcePriceAppreciation
Feb 4, 2026

Listed (Active)

FORTMLS #2026006192

$669,000—
DateEvent & SourcePrice
02/04/2026

Listed (Active)

FORTMLS #2026006192

$669,000

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

Schools near 7261 Albany Road

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
Three Oaks Elementary School
PublicPK to 5

Pinewoods Elementary School
PublicPK to 5

Spring Creek Elementary School
PublicPK to 5

San Carlos Park 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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7261 Albany Road is a multi-family home for sale in Fort Myers, FL 33967. This property was listed for sale on February 4, 2026 by Paradise Real Estate & Rentals, LLC, it's currently listed at $669,000. This listing's school district is School District of Lee County. Nearby schools include Three Oaks Elementary School, Pinewoods Elementary School and Spring Creek Elementary School. 7261 Albany Road is a 6-bed, 6-bath, 6,118 sqft multi-family home built in 1983.

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 Paradise Real Estate & Rentals, LLC, Dr. Shari Turner McKee

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