About this home
NEW 2026 ROOF, FULLY REMODELED DUPLEX & NO FLOOD INSURANCE REQUIRED! Excellent opportunity to own a move-in-ready duplex in the heart of Fort Myers, conveniently located near shopping, dining, entertainment, and everyday necessities. Whether you're looking to expand your rental portfolio or live in one side and rent out the other, this property offers flexibility and long-term income potential. Each unit features 2 bedrooms, 1 bathroom, and approximately 1,024 square feet of living space, providing over 2,048 square feet between both sides. Both units have been extensively remodeled and freshly painted throughout. The kitchens have been completely updated with new cabinetry, countertops, and updated appliances, while both bathrooms have been renovated with new vanities, flooring, and showers. Updated light fixtures throughout give each unit a modern feel. One side features newly installed flooring, while the other offers durable tile flooring. The property is also located in a non-flood zone, so flood insurance is not required by most lenders. This Fort Myers duplex is an ideal setup for an investor seeking rental income, a house-hacking opportunity, or an owner-occupant looking to offset their mortgage by renting the neighboring unit. With both sides already renovated and major improvements completed, the property is positioned to generate income for years to come. Live in one side and rent the other, or rent both units and add a turnkey duplex to your Southwest Florida investment portfolio.
Listing last checked: Listing updated:
Listed by Skirmantas Balciunas · Compass Florida LLC · MLS #2026041590
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Details at a glance
Interior3 property facts
- Heating
- Central, Electric
- Cooling
- Central Air, Ceiling Fan(s), Electric
- Flooring
- Tile, Vinyl
Building3 property facts
- Style
- Duplex
- Year built
- 1973
- Roof
- Shingle
Land & utilities3 property facts
- Lot size
- 0.147 acres
- Water
- Public
- Sewer
- Public Sewer
Financial3 property facts
- Annual taxes
- $2,971
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $289,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$1,709 / monthAdjust
- Principal & interest
- $1,461
- Property tax
- $248
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $2,971. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 1512/1514 Oak Drive
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