121 Lantern Place, North Fort Myers, Florida image 1
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121 Lantern Place

North Fort Myers, FL 33917
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$54,800 $231/Mo
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Bed 1

Bed

Bath 1

Bath

SqFt420

Sqft

Acres0.08

Acre(Lot)

At $54,800, you might want to do the math before you judge the wallpaper! Most recently rented for $1,235 per month, this 1-bedroom, 1-bath mobile home isn’t pretending to be something it’s not. It’s largely original, it needs TLC, and that’s exactly why an investor, landlord or bargain hunter may want to take a closer look. With a successful rental history, exceptionally low entry price and some remarkably low carrying costs, there may be more opportunity here than first meets the eye. The floorplan offers considerably more living space and flexibility than the bedroom count might suggest. The kitchen is mostly original but has benefited from a newer refrigerator, sink and faucet. Even better for someone looking for a potentially quicker turnaround, the home is being sold FURNISHED. Overh ead is a METAL ROOF (age unknown), while outside you’ll find a covered carport and a small storage shed housing the WASHER AND DRYER. There is currently no central air conditioning; however, two capable window A/C units have been keeping the home cool. The property did have central air in the past, giving a future owner the option to investigate installing and reconnecting a central HVAC system. Then there are the ongoing costs—and investors know that what goes OUT every month matters just as much as what comes IN. Mobile Manor has a VOLUNTARY HOA with fees of only $28 per month. The community also operates its own on-site water company, with the owner’s past water bills running approximately $45 every TWO MONTHS. Combine those low costs with a most recent rental rate of $1,235 per month and a $54,800 asking price, and you have some numbers that are certainly worth putting to your own calculator. Convenience may help the rental story too. A public LeeTran BUS STOP is located right at the entrance to Mobile Manor, while shopping, grocery stores, pharmacies, restaurants and other everyday necessities are close at hand. I-75 is also easily accessible, making it convenient to get around SW Florida. Affordability doesn’t mean giving up the Florida lifestyle! When it’s time to trade errands for flip-flops, the world-famous BEACHES AND ISLANDS of Southwest Florida are just a short drive away. A combination that can be hard to find at this price point: public transportation, everyday conveniences within reach, I-75 access and the beaches, islands, sunshine and outdoor lifestyle that draw people to SW Florida in the first place. The property has NO HISTORY OF FLOODING. Hurricane Ian did take the former lanai, which has not been replaced. Otherwise, what you see is what you get: an older mobile home in original condition that’s ready for someone willing to roll up their sleeves and give it some attention. Bring your vision, bring your toolbox—and most importantly, bring your calculator, because this little property might just make a whole lot of sense. Do the MATH and the numbers will certainly make you STOP SCROLLING!

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Detail Ic Property Details

Property Type : Residential

Price : $54,800

AD Id : 89953568

MLS Id : 2026035148

Beds : 1

Lot Size : 0.08 Acre

Living Area Size : 420

Year Built : 1962

County : Lee

Subdivision: Mobile Manor

  • Map Map

Map

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Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 1

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Roofing Information

    Metal

    Flooring Information

    Carpet, Vinyl

  • Interior Features

    BedroomOnMainLevel, Bathtub, LivingDiningRoom, MainLevelPrimary, SeparateShower, VaultedCeilings, WindowTreatments
    Roof: Metal
    Appliances: Dryer, Range, Refrigerator, Washer
    Window Features: Jalousie, WindowCoverings

  • Heating & Cooling

    Heating: None Has Cooling: Yes Cooling: CeilingFans, WindowUnits

  • Building Information

    Year Built: 1962
    Building Area Total: 620
    Construction Materials: Manufactured, VinylSiding
    Stories: 1
    Patio And Porch Features: Open, Porch
    Private Pool: No
    Water front Features: None
    View: Landscaped

  • Exterior Features

    Exterior Features: Other, Storage

  • Lot Information

    Lot Dimensions: 50 x 85 x 48 x 86 Main Square Feet: 0.081 Lot Size Acres: 0.081 Lot Size Source: Appraiser Lot Description: RectangularLot

    Property Information

    Subdivision: MOBILE MANOR Source Property Type: Residential Zoning Description: MH-2 Property SubType: Manufactured Home Direction Faces: Southeast Property Age: 64

  • Listing Price Information

    Listing Price: $54800
    Cash

  • Tax Information

    Parcel Number: 36-43-24-19-00004.0220 Tax Lot: 22 Tax Block: 4 Tax Year: 2025 Annual Tax: $1276.39 Tax Legal Desc: MOBILE MANOR BLK 4 OR 111 PG 37 LOT 22

  • Virtual Tour

    Virtual Tour (External Link)

    Parking Information

    Assigned, Covered, OneSpace, AttachedCarport

    Garage Information

    Pets Allowed: Yes

    Homeowners Association Information

    Included Fees: None
    Association Amenities: Clubhouse, Library, Barbecue, PicnicArea, ShuffleboardCourt
    Community Features: NonGated

  • Utility Information

    CableAvailable, HighSpeedInternetAvailable

  • Location Information

    Direction: Head East on Pine Island Rd.to North on Lantern Ln. Follow until you see Lantern Ln . Head North on Lantern Ln. Follow to Torch Ln. Head North on Torch to NE on Lantern Pl. Property is on the left. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
18690 Matt Road, North Fort Myers, FL, 33917 $649,999 3 2 1,736 1,736 SqFt
5548 Adam Drive, North Fort Myers, FL, 33917 $329,000 2 2 1,410 1,410 SqFt
113 Lantern Lane, North Fort Myers, FL, 33917 $120,000 2 2 735 735 SqFt
17021 Shelby Lane, North Fort Myers, FL, 33917 $689,000 4 3 2,256 2,256 SqFt
14633 Paul Revere Loop, North Fort Myers, FL, 33917 $234,500 2 2 1,152 1,152 SqFt
5519 Sir Walter Way, North Fort Myers, FL, 33917 $199,900 2 2 1,392 1,392 SqFt
5526 Miles Standish Lane, North Fort Myers, FL, 33917 $139,900 2 2 1,056 1,056 SqFt
2501 Gail Helen Court, North Fort Myers, FL, 33917 $165,000 3 2 1,080 1,080 SqFt
5554 Sir Walter Way, North Fort Myers, FL, 33917 $211,500 2 2 1,401 1,401 SqFt
5520 Colonial Road, North Fort Myers, FL, 33917 $159,500 2 2 1,176 1,176 SqFt

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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/25/2026 @ 04:56

MLS: 2026035148 LISTED BY: Paula Hellenbrand, Encore Realty Services Inc 239-542-4600 SOURCE: FGC

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