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Updated Villa with Screened Lanai

4276 Island Cir Fort Myers, FL 33919

4276 Island Cir, Fort Myers, FL, 33919
$259,900
For Sale
$259,900

SINGLE_FAMILY - Other - FORT MYERS, FL

Property Size1,329 SF
Lot Size0.04 Acres
Price / SF$195.56
Days on Market139

Property Features for 4276 Island Cir

General Information

Property type
Residential
Property subtype
Duplex
Zoning
RS-1
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Bedroom 2, Den, Bedroom 1, Laundry Room
Parking
1
Parking features
Carport, Driveway, Guest
Window features
Window Coverings
Patio and Porch features
Porch, Patio
Interior features
Built-In Cabinets, Fireplace, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Window Coverings
Exterior features
Screened Lanai/Porch
Fencing
Fenced
Fireplace
1
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator/Freezer, Washer
Standard status
Active
APN
16-45-24-20-00A14.00A0
Size
1,329 SF
Lot size
0.04 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
CALOOSA BAYVIEW VILLAGE HOMES UNIT 1 OR2327 PG0997 BLDG A14 UNIT A
Tax Annual Amount
2427

Utilities

Heating system
Electric (Heating), Central
Cooling system
Central Air, Ceiling Fan(s), Electric

Building Details

Year built
1995
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Building materials
Concrete Block, Stucco
Roof type
Shingle
Architectural style
Other
Listing Agency Realty One Group MVP
1495 Pine Ridge Road Ste 1, Naples, FL
Listed by Patricia Williams · License #3247673
Added: Mar 1 Checked: Jul 18 at 10:06 pm
MLS# 226010500 Listing URL

Copyright © 2026 Naples Area Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This updated one-story villa features 2 bedrooms and 2 bathrooms with a bright open living and dining area. Interior improvements noted in the listing include new flooring, new kitchen cabinetry, and quartz countertops with under-bar lighting. The living room has a fireplace, and the home includes a screened lanai. The primary suite offers a large walk-in closet and a private en-suite bathroom with a garden tub and separate shower, while the guest bathroom includes a tub and shower combination. Additional in-home features include a washer and dryer, plus a private exterior storage room. Parking consists of a covered carport and an additional designated space for a second vehicle or guests.

The villa is located in the Caloosa Bayview community, described as quiet and tucked away, and noted as being adjacent to Caloosa Bay Yacht and Racquet Club. Community amenities listed include a pool, along with a social and billiards room. The community is also home to the Blue Coyote Supper Club, where optional memberships are available for dining and social events.

The property is zoned RS-1. Lot size is listed at 0.0399 acres, and the home size is listed at 1,329 square feet.

Key Highlights

  • One‑story villa with 2 bedrooms and 2 bathrooms built in 1995
  • Open living and dining area with fireplace and vaulted ceilings
  • Updated kitchen with new cabinetry and quartz countertops, plus range, microwave, refrigerator/freezer, dishwasher

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $26.3k $19.80
− Vacancy −$1.2k −$0.89
EGI $25.1k $18.91
− OpEx −$7.5k −$5.67
NOI $17.6k $13.24
1,329 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$251.3K
$219.9K – $293.2K (±1% cap)
NOI $17,591 @ 7.0% cap · market cap 6.77%
Second Best
Apartment 5plus
$232.9K
$203.8K – $271.7K (±1% cap)
NOI $16,302 @ 7.0% cap · market cap 6.27%
Theoretical Best
Office A
$418.3K
$366.0K – $488.0K (±1% cap)
NOI $29,281 @ 7.0% cap · market cap 11.27%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Daycare Center Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Plumbing Service Florist Bakery Pet Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - One-story 2-bed, 2-bath villa with screened lanai, fireplace, and covered carport parking in RS-1 zoning.
Where is this duplex located?
The property is located at 4276 Island Cir Fort Myers, FL.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: One‑story villa with 2 bedrooms and 2 bathrooms built in 1995; Open living and dining area with fireplace and vaulted ceilings; Updated kitchen with new cabinetry and quartz countertops, plus range, microwave, refrigerator/freezer, dishwasher
Contact an agent
More about this property
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