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$215,000
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Property Description
Investment Opportunity- Under Lease until 5/31/2026. This stunningly fully remodeled two-bedroom, one-bath home in Cabana City is a true gem. Boasting extensive upgrades, including new electrical systems, windows, flooring, air-conditioning, appliances, outdoor siding, plumbing and new roof. The property spans two corner parcels, offering the added bonus of a vacant corner lot alongside the home giving it triple frontage. Located just blocks from the water in desirable North Fort Myers, you'll enjoy the perfect blend of modern living and an unbeatable location.
Full Property Details
Full Property Details for 1157 Fourth Way
General
- Price: $215,000
- Taxes: (2024)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 225023930
- Updated: 8/25/2025
- Added to Site: 314 day(s) ago
Interior
- Interior Features: Other
- Appliances: Dryer, Microwave, Range, Refrigerator/Freezer, Tankless Water Heater, Washer
- Furnishings: Unfurnished
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Primary Bathroom: Combo Tub And Shower
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Dining Room: Eat-in Kitchen
Additional Information
- Shared Amenities: None, Non-Gated
Exterior
- Exterior Features: None
Parking
- Carports: Yes
- Carport Spaces: 1
- Covered Spaces: 1
- Parking Features: Attached Carport
Location
- Area: FN06 - North Fort Myers Area
- County: Lee
- Subdivision: CABANA CITY
- Building Name: CABANA CITY
- Direction Faces: East
Community
- Assoc. Fees Include: None
- Units Assoc/Comm: 1
- Pets Allowed: Yes
- Management Type: None
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall Unit(s), Window Unit(s), Zoned
- Heating Type: Wall Unit, Window Unit, Zoned
Utilities
- Sewer: Septic Tank
- Water: Central
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Architectural Style: Traditional
- Description/Design: Single Family Residence
- Exterior Const.: Wood Frame, Wood Siding
- Roof: Shingle
- Windows: Impact Resistant, Impact Resistant Windows
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 736
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 736 Sq. Ft.
- Year Built: 1937
Lot Features
- Property View: None/Other
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 100 x 100 x 50 x 50
- Frontage Feet: 100
- Irrigation System: None
- Lot Features: Corner Lot
- Zoning: TFC2
- Lot Description: Corner Lot
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Tax Year: 2024
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Ownership: Single Family
- Legal Description: CABANA CITY BLK P PB 8 PG 61 LOTS 1 THRU 5 INC.
- Property ID: 11-44-24-01-000P0.0010
- Section: 11
- Block: P
- Lot Number: 1
Listed by Preferred Shore LLC
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Schools
Schools serving 1157 Fourth Way
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
J. Colin English Elementary School 120 Pine Island Road, North Fort Myers, FL 33903 | K-5 | 1.2 mi |
Hancock Creek Elementary School 1601 Skyline Drive, North Fort Myers, FL 33903 | K-5 | 1.7 mi |
Tropic Isles Elementary School 5145 Orange Grove Boulevard, North Fort Myers, FL 33903 | K-5 | 2.2 mi |
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990 | 6-8 | 4.2 mi |
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909 | 6-8 | 4.5 mi |
Mariner Middle School 425 Chiquita Boulevard North, Cape Coral, FL 33993 | 6-8 | 7.8 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 1.8 mi |
Island Coast High School 2125 De Navarra Parkway, Cape Coral, FL 33909 | 9-12 | 5.2 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 7.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1157 Fourth Way
Date
Details
Price
Change
Source
7/03/2025
Price Reduced
$215,000
-8.51%
MLS
3/10/2025
Listed
$235,000
488.97%
MLS
8/29/2016
Sold
$39,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1157 Fourth Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$416
-74%
$28,838
-76%
2024
$1,582
322%
$121,044
3162%
2023
$375
-64%
$3,711
-93%
2021
$1,054
-14%
$55,453
-25%
2022
$1,229
17%
$73,669
43%
2021
$1,054
12%
$51,679
26%
2019
$937
7%
$41,038
10%
2018
$873
10%
$37,307
10%
2017
$795
25%
$33,915
18%
2016
$637
12%
$28,675
32%
2015
$570
24%
$21,800
4%
2014
$458
16%
$20,899
55%
2013
$396
—
$13,498
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1157 Fourth Way
1157 4th Way, North Fort Myers, FL 33903 (MLS# 225023930) is a Single Family property with 2 bedrooms and 1 full bathroom. 1157 4th Way is currently listed for $215,000 and was received on March 10, 2025. Want to learn more about 1157 4th Way? Do you have questions about finding other Single Family real estate for sale in North Fort Myers? You can browse all North Fort Myers real estate or contact a Coldwell Banker agent to request more information.

