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$375,000
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Property Description
Investment Opportunity or Multi Generational Living in North Fort Myers. Located just minutes from downtown and the Caloosahatchee Bridge, this updated duplex offers both versatility and value. Each side has its own private screened lanai, with a shared front entry area. The larger unit is a 3 bed, 2 bath layout, and the second unit is a 2 bed, 1 bath-ideal for an owner-occupant or rental investor. Major updates were completed including two new AC units, modern kitchens with granite countertops, stylish lighting, and updated bathrooms. The home features a 2014 metal roof, two walk-in laundry rooms, and a fully fenced separate backyard for each unit. A detached two-car metal garage and storage shed provide extra functionality and space. A second driveway available too. With spacious interiors, separate outdoor living areas, and proximity to major routes and amenities, this move-in ready property is perfect for multigenerational living, short- or long-term rental income, or a combo of both. Don't miss this flexible and well-maintained income property. Schedule your showing today.
Full Property Details
Full Property Details for 51-55 Lake St
General
- Price: $375,000
- Taxes: (2024)
- Status: Active
- Type: Duplex
- Source: Bonita_Springs
- MLS ID: 225052872
- Updated: 11/29/2025
- Added to Site: 228 day(s) ago
Interior
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Additional Information
- Shared Amenities: None, Non-Gated
Exterior
- Exterior Features: Storage
- Porch/Patio/Deck: Patio
Location
- Area: FN06 - North Fort Myers Area
- County: Lee
- Subdivision: CABANA CITY
- Building Name: CABANA CITY
- Driving Directions: Access from 41 and Pondella Rd.
Community
- Units Assoc/Comm: 2
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Central
- Water: Central
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- # Buildings: 1
- Description/Design: Duplex
- Structure Type: Duplex
- Exterior Const.: Wood Frame, Wood Siding
- Roof: Metal
- Windows: Single Hung
- Year Built: 1979
Additional Structures
- Other Structures: Extra Building
Lot Features
- Lot Size (Acres): 0.235
- Lot Size (Sq. Ft.): 10,236
- Lot Size Source: Property Appraiser Office
- Frontage: Public Road
- Fence: Yes
- Irrigation System: None
- Lot Features: Regular
- Zoning: TFC2
- Lot Description: Regular
- Fencing (Description): Fenced
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Tax Year: 2024
- Terms: Buyer Finance/Cash, FHA, VA Loan
- Tenant Pays: Application Fee, Cable TV, Electricity, Internet Access, Sewer, Water
Disclosures and Reports
- Legal Description: CABANA CITY PB 8/61 BLKS N + M LTS 43 THRU 50 + VAC CCMBS 10/258 + 14/168
- Property ID: 11-44-24-01-000N0.0430
- Section: 11
- Block: N
- Lot Number: 43
Listed by Barclays Real Estate Group 1
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Price & Sales History for 51-55 Lake St
Date
Details
Price
Change
Source
6/04/2025
Listed
$375,000
-6.25%
MLS
9/28/2023
Sold
$400,000
—
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 51-55 Lake St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,535
15%
$217,167
12%
2024
$2,212
25%
$194,431
60%
2023
$1,774
-31%
$121,538
-31%
2022
$2,589
141%
$175,856
33%
2021
$1,073
—
$132,368
134%
2021
$1,073
4%
$56,501
4%
2018
$1,028
23%
$54,201
21%
2017
$838
11%
$44,774
13%
2016
$755
10%
$39,579
-19%
2015
$688
12%
$48,997
24%
2014
$615
-40%
$39,400
-29%
2019
$1,030
69%
$55,231
42%
2013
$609
—
$38,896
—
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 51-55 Lake St
51-55 Lake St, North Fort Myers, FL 33903 (MLS# 225052872) is a Duplex property with 5 bedrooms and 3 full bathrooms. 51-55 Lake St is currently listed for $375,000 and was received on June 04, 2025. Want to learn more about 51-55 Lake St? Do you have questions about finding other Duplex 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.

