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7257/7261 Albany Road, 
Fort Myers, FL 33967

$669,000


6

Beds


6

Baths


8,318

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Dr. Shari Turner Mckee

Paradise Real Estate & Rentals, LLC.

Last updated:

March 16, 2026, 06:43 PM

MLS#

2026006192

Source:

FL GFMB

About This Home

7257/7261 Albany Road

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.

Home Facts

Multi-Family

6 Baths

6 Bedrooms

Built in 1983

Price Summary

669,000

$80 per Sq. Ft.

MLS #:

2026006192

Last Updated:

March 16, 2026, 06:43 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6

Interior

Living Area:

8,318 Sq. Ft.


Structure

Structure

Architectural Style:

Duplex

Building Area:

8,318 Sq. Ft.

Year Built:

1983


Finances & Disclosures

Finances

Price:

$669,000

Price per Sq. Ft:

$80 per Sq. Ft.

Source:FL GFMB
The source of the information about real property available for sale or rent is the copyrighted and proprietary database of the Florida Gulf Coast Multiple Listing Service, Inc.. Copyright 2026 Florida Gulf Coast Multiple Listing Service, Inc.; all rights reserved. The data is provided by the IDX Program, and the Information is Deemed Reliable But Not Guaranteed.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.