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$54,800
5 Days On Site

121 Lantern Place
North Fort Myers, FL33917

Manufactured Home|Pending
1
Bed
1
Total Bath
1
Full Bath
420
SqFt
$130
/SqFt
1962
Built
Subdivision:
MOBILE MANOR
County:
Lee
121 Lantern Place121 Lantern Place121 Lantern Place121 Lantern Place
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Monthly Payment (Est.)

$250
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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!

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Listing Snapshot
Price 
$54,800
Days On Site 
5 Days
Bedrooms 
1
Inside Area (SqFt) 
420 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
0.081 Acres
Year Built 
1962
MLS® Number 
2026035148
Status 
Pending
Property Tax 
$1,276.39
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
2 days agoStatus changed to Pending
2 days agoListing updated with changes from the MLS®
5 days agoListing first seen on site
General Features
Acres 
0.081
Building Features 
OnSiteManagement
Carport 
1
Direction Faces 
Southeast
Number Of Stories 
1
Parking 
AssignedCoveredAttached Carport
Pets 
Yes
Property Sub Type 
Manufactured Home
Sewer 
Septic Tank
SqFt Total 
620
Style 
Ranch, One Story, Manufactured Home
Utilities 
Cable Available
Water Source 
Public
Zoning 
MH-2
Interior Features
Appliances 
DryerRangeRefrigeratorWasher
Cooling 
Ceiling Fan(s)Window Unit(s)
Flooring 
CarpetVinyl
Furnished 
Furnished
Interior 
Vaulted Ceiling(s)
Window Features 
Window Coverings
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Exterior Features
Construction Details 
Vinyl Siding
Exterior 
OtherStorage
Lot Features 
Rectangular Lot
Patio And Porch 
Porch
Roof 
Metal
Windows/Doors 
Window Coverings
Community Features
Association Amenities 
ClubhouseBarbecuePicnic AreaShuffleboard Court
Financing Terms Available 
Cash
MLS Area 
FN07 - North Fort Myers Area
Roads 
Paved
Listing courtesy of Encore Realty Services Inc


The data relating to real estate for sale on this website comes in part from the Florida Gulf Coast MLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Neighborhood & Commute
Source: Walkscore
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