$269,999 Investors and owner-builders take note. Rare opportunity in the Iona/McGregor corridor. Minutes to Sanibel Island and Fort Myers Beach. This 1974 concrete block ranch is sold strictly as-is, but the expensive structural work is already done: shingle roof in great condition, full post-Ian repipe completed and ready to connect, interior demoed to studs and slab giving you a clean canvas. Pool holds water, needs equipment. Brand new beautiful home built just next door. No HOA, AG-2 zoning allowing flexibility, RV access/parking, oversized 8x12 shed with electric and hurricane straps, new roof. 3 Beds ⋅ 2 Baths ⋅ 2026028944 MLS Investors and owner-builders take note. Rare opportunity in the Iona/McGregor corridor. Minutes to Sanibel Island and Fort Myers Beach. This 1974 concrete block ranch is sold strictly as-is, but the expensive structural work is already done: shingle roof in great condition, full post-Ian repipe completed and ready to connect, interior demoed to studs and slab giving you a clean canvas. Pool holds water, needs equipment. Brand new beautiful home built just next door. No HOA, AG-2 zoning allowing flexibility, RV access/parking, oversized 8x12 shed with electric and hurricane straps, new roof. 16620 Arbor Ridge Drive, Fort Myers