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3316 Armstrong CT, Fort Myers, FL, 33916

2beds
1baths
968sqft
$159,000
$164price/sqft
$1,401/moest. monthly cost
$56,040/yrincome needed

About This Home

This fixer-upper is packed with potential and perfect for investors, flippers, or buyers looking to add value with renovations. Situated on a quiet street, this property offers a solid footprint ready for your vision and upgrades. The home features a detached shed, ideal for additional storage, a workshop, or future creative use. With the right improvements, this property has the potential to become a strong rental, resale, or long-term investment. If you’re looking for a value-add opportunity in the Fort Myers area, this is one you don’t want to miss. Bring your contractor, imagination, and plans this one is ready for transformation.

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

5/10
2/10
2/10
Dunbar High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1987

Materials

  • Roof: Shingle

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Range,Refrigerator,Washer

Bedroom

  • Features: Master BR Ground

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: Dining - Family

Features

  • Other,Additional Rooms - None

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 968
  • Total interior livable area: 968 sqft

Property

Details

  • Parcel number: 194425P201500.0400
  • Zoning: RS-7

Features

  • Stories: 1
  • Exterior features: Storage
  • Has view: Yes
  • Waterfront features: None

Lot

  • Lot size: 5,270 sqft
  • Features: Regular

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
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
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 $803$9,636
Home Insurance *$84$1,008
Property Taxes $317$3,804
Electricity $197$2,366
Total$1,401$16,812
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$48,034/yr
40% on housing$42,030/yr
45% on housing$37,360/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

$164This listing

vs Other Active Listings

Avg $/sqft

ZIP 33916$132
Lee County$283

vs Homes Sold Last Month

Median $/sqft

ZIP 33916$188
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)

Price History

DateEventPrice
2026-02-20Listed for sale$165,000
2019-12-06Sold$97,000
2019-10-27Pending sale$99,900
2019-10-25Listing removed$1,095
2019-09-25Price change$1,095
2019-07-05Sold$43,000
2019-06-29Listed for sale$99,900
2019-05-08Listed for rent$1,150

For Sale by Agent

AgentHeidi Lequerique
BrokerageReal Estate Boutique of S Fla

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