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16820 Banyon DR, Fort myers, FL, 33908

5beds
3baths
2,268sqft
$340,000
$150price/sqft
$2,597/moest. monthly cost
$103,880/yrincome needed

About This Home

Investor opportunity near some of Southwest Florida's most desirable coastal destinations. This unique property features two updated residences on one parcel - a charming single family home offering 2 bedrooms and 1 full bath, large lanai for entertaining or just relaxing. The spacious manufactured home features 3 bedrooms and 2 full baths. Both homes showcase updated interiors with beautiful kitchens, volume ceilings, oversized windows, and an abundance of natural light throughout. The manufactured home is currently tenant occupied with a lease in place until July 2027 providing immediate income potential for investors or future flexibility for owner occupants. Ideally located near Sanibel Island, Bunch Beach, and Fort Myers Beach, this property offers easy access to beaches, dining, shopping and entertainment. Perfect as an investment property, multi-generational living setup, seasonal or retreat, or future primary residence with rental income potential.

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
57
BikeBikeable

Schools

5/10
Heights Elementary SchoolGrades PK-53.3 mi
4/10
Lexington Middle SchoolGrades 6-83.5 mi
5/10
Cypress Lake High SchoolGrades 9-125.3 mi

Construction

Condition

  • Year built: 1970

Materials

  • Foundation: Concrete Block
  • Roof: Metal,Shingle
  • Construction materials: Block,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator/Freezer,Washer

Bedroom

  • Features: First Floor Bedroom

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Features: Eat-in Kitchen

Features

  • Smoke Detectors,Window Coverings,Screened Lanai/Porch
  • Window features: Window Coverings
  • Flooring: Tile,Vinyl

Heating & Cooling

  • Heating features: Central
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 2,268
  • Total interior livable area: 2,268 sqft

Property

Details

  • Parcel number: 024623020000G.0520
  • Zoning: MH-1

Features

  • Stories: 1
  • Patio & porch: Screened Lanai/Porch
  • Exterior features: Storage
  • Has view: Yes
  • Waterfront features: None

Lot

  • Lot size: 0.32 Acres
  • Features: Regular

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Coastal Flooding
Tsunami

FEMA Declared Disasters in Lee County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,719$20,628
Home Insurance *$343$4,116
Property Taxes $307$3,684
Electricity $228$2,738
Total$2,597$31,164
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$89,040/yr
40% on housing$77,910/yr
45% on housing$69,253/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.2%
15.2%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$150This listing

vs Other Active Listings

Avg $/sqft

ZIP 33908$216
Lee County$283

vs Homes Sold Last Month

Median $/sqft

ZIP 33908$248
Lee County$222

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-30Price change$340,000
2026-05-28Listed for sale$399,000
2025-07-21Listing removed$1,950
2025-07-07Price change$1,950
2025-06-21Price change$2,300
2025-05-27Listing removed$345,000
2025-05-02Listed for rent$2,500
2025-03-25Listing removed$1,950
2025-03-18Listed for rent$1,950
2025-03-17Listing removed$1,950
2025-02-22Price change$1,950
2025-01-12Price change$345,000
2025-01-07Listed for rent$2,300
2024-08-22Listed for sale$450,000
2024-08-11Listing removed--
2024-06-17Listed for sale$490,000
2021-03-24Listing removed--
2019-02-13Listing removed$285,000
2019-01-19Price change$285,000
2018-10-27Price change$265,000
2018-09-10Listed for sale$299,900

For Sale by Agent

AgentAngela Mariani
BrokerageEXIT Realty of Naples

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