Estimated market value
$269,000
Low $258,240 · Midpoint $269,000 · High $279,760
Confidence65%Sales comparison approach
CompCasa estimate$269,000Current analysis
$258,240$269,000 midpoint$279,760
Price / sq ft$232
Derived from Redfin listing LD+JSON
About the property
Single-Level 3BR/2BA with Spacious Yard Minutes from Sanibel
This single-level Fort Myers residence delivers practical living and coastal convenience in the Iona / McGregor corridor. Sited on a generous lot with no HOA restrictions, the 1,161-square-foot home invites flexible uses—primary residence, seasonal retreat, or rental investment—just minutes from Sanibel Island and Fort Myers Beach. From the street the property reads as a comfortable, well-proportioned midcentury bungalow; inside you'll find an updated kitchen with newer appliances that anchors daily life and gatherings.
Living spaces are designed for comfort and easy upkeep: three bedrooms and two full baths on one floor make the layout efficient and accessible. The enclosed back porch/lanai extends usable square footage and creates a shaded, bug-free spot for morning coffee, hobby space, or casual entertaining. Natural light fills the principal rooms and gives the interior a relaxed, coastal tone.
Outside, the yard is the standout amenity—room enough to garden, add a pool, or expand outdoor living. Practical features include a covered carport for protected parking and a detached backyard shed that handles lawn equipment and storage needs. The lack of HOA rules means you have the freedom to personalize landscaping, add an accessory structure, or pursue rental options subject to local regulations.
The home's 1972 construction provides a sturdy base ready for cosmetic updates to reflect your taste. Furnishings are negotiable, simplifying a turn-key purchase if you prefer. Whether you’re drawn to the beaches of Sanibel and Fort Myers, local dining and shopping, or the strong seasonal rental market in Southwest Florida, this property combines affordability with location—an approachable entry to coastal living.
Location & nearby
Fort Myers, FL
Researched nearby locations
⌖Minutes to Sanibel Island and Fort Myers Beach
⌖Close to local shopping, dining, and everyday conveniences
⌖Beaches: Sanibel Island & Fort Myers Beach within minutes
⌖Community recreation and shopping a short drive away
Location
11771 Iona Rd, Fort Myers, FL, 33908
Editorial neighborhood context
Iona and the McGregor corridor combine established residential streets with quick access to Southwest Florida’s shoreline. Residents enjoy a relaxed, coastal lifestyle with easy drives to Sanibel Island and Fort Myers Beach, plus convenient shopping, dining, and service amenities nearby. The area appeals to full-time families, retirees and seasonal residents alike—buyers often choose this corridor for its mix of affordability and proximity to the Gulf. Well-sized lots and a lack of restrictive HOAs in portions of the neighborhood support outdoor projects and home expansions.
Nearby access summary
Excellent coastal recreation access: Sanibel Island and Fort Myers Beach are minutes away, offering beaches, boating, fishing, and waterfront dining; local parks and community amenities are a short drive.
Market context
A factual market snapshot around 11771 Iona Rd.
Editorial market perspective
This listing aligns precisely with an automated valuation midpoint of $269,000 and a calculated price-per-square-foot near $232—metrics that support the broker’s $269,000 asking price. Confidence in the automated estimate is moderate (0.65), reflecting a reasonable range of comparable values in the absence of deeper comp analysis. Coastal neighborhoods like Iona and McGregor attract a steady mix of year-round residents and seasonal buyers, and properties that offer proximity to Sanibel and Fort Myers Beach tend to retain buyer interest. The home’s no-HOA status and adaptable lot make it especially attractive to investors and buyers seeking expansion potential or short-term rental flexibility.
Buyers should interpret this as an opportunistic price point for a single-family home in a desirable corridor; however, up-to-date local market indicators—current days-on-market, active inventory levels, and recent sold comps—should be reviewed with an agent before making an offer. For sellers, the alignment of list price with automated valuation suggests realistic pricing that can generate qualified traffic. For buyers, affordability combined with coastal access makes this a compelling market entry, especially for those comfortable doing cosmetic updates to capture additional upside.
Highlights & features
What stands out about this property.
01No HOA restrictions
02Updated kitchen with newer appliances
03Enclosed back porch / lanai
04Covered carport
05Detached storage shed
06Spacious lot with expansion potential
07Furnishings negotiable
Interior Features
- 3 bedrooms, 2 full bathrooms
- Updated kitchen with newer appliances
- Enclosed back porch / lanai for additional living space
- Single-level floorplan (1,161 sqft)
- Comfortable living and dining areas
Exterior & Lot
- Generous yard with room to garden or expand outdoor living
- No HOA restrictions
- Covered carport
- Detached backyard shed for storage
- Established, well-sized lot
Location & Neighborhood
- Iona / McGregor corridor of Fort Myers
- Minutes to Sanibel Island and Fort Myers Beach
- Close to local shopping, dining, and everyday conveniences
- Appeals to year-round residents and seasonal buyers
Walkability & Recreation
- Walkability Rating: N/A — local amenities require short drives
- Beaches: Sanibel Island & Fort Myers Beach within minutes
- Nearby opportunities for boating, fishing and coastal recreation
- Spacious yard ideal for outdoor living and gardening
- Community recreation and shopping a short drive away