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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. Overhead 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!
Property Details
Price: $54,800
Sq Ft: 420
($130 per
sqft)
Bedrooms: 1
Bathrooms: 1
Unit On Floor: 1
City: North Fort Myers
County: Lee
Development: Mobile Manor
Acres: 0.0810
Virtual Tour/Floorplan:
View
Year Built: 1962
Listing Number: 2026035148
Status Code: A-Active
Taxes: $1,276.39
Tax Year: 2025
Application Fee: $0.00
Garage:
Furnishings: Furnished
Pets Allowed: Yes
Interior Features:
Vaulted Ceiling(s)
Window Coverings
Amenities:
Barbecue
Clubhouse
Library
Shuffleboard Court
Financial Information:
Taxes: $1,276.39
Tax Year: 2025
Exterior Features:
Open Porch/ Lanai
Storage
Equipment:
Dryer
Range
Refrigerator
Washer
View:
Y
Additional Information:
Building Description: Ranch, Manufactured
Building Design: Manufacturedhouse
Community Type: Non- Gated
MLS Area: Mobile Manor
Total Square Footage: 620
Total Floors: 1
Water: Central
Construction: Vinyl Siding
Short Sale: No
Date Listed: 2026-08-24 00:00:00
Furnished: Furnished
Windows: Window Coverings
Parking: 1 Assigned, Covered, Attached Carport
Flooring: Carpet, Vinyl
Roof: Metal
Heating: None
Cooling: Ceiling Fan(S), Window Unit(S)
Storm Protection: Other
Irrigation: None
Pets: Yes
Restrictions: None
Maintenance: None
Rear Exposure: Nw
Sewer: Septic Tank
Lot Desc.: Regular
Amenities: Barbecue, Clubhouse, Library, Shuffleboard Court
Map of 121 Lantern Pl, North Fort Myers, FL 33917
Listing Courtesy Of: Encore Realty Services Inc
paula@encorerealty.com