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503 51ST AVENUE W UNIT 503

House Active With Contract
$1,275

BTC: 0.02004717

ETH: 0.67012152

-$175 (2026/04/28)
208 days
3 bds
2 ba
882 sqft

Overview

55+ GATED COMMUNITY! The association policy requires all occupants must be age 55 or older. Welcome to this recently renovated 3-bed, 2-bath home, located in Fair Lane Acres. Upgrades to this home include brand new laminate wood plank flooring and fresh paint. The kitchen is complete with hardwood cabinets, granite countertops, and stainless-steel appliances, including a refrigerator, microwave, dishwasher, and range. The primary bedroom features dual closets, and an en suite bathroom, complete with a brand-new vanity for ample storage. Two additional bedrooms, and a guest bathroom with access to the side entrance of the home complete the rest of this home. Additional features include a screened lanai space and a stackable washer and dryer, located in the storage shed under the carport. Fair Lane Acres is a pet friendly, 55+ community, with a social calendar full of events and activities! With a nice clubhouse, a heated community pool, and two shuffleboard courts, this community is centrally located and just a short drive to world class beaches, golf courses, shopping restaurants, and entertainment. PMI Southwest Florida has partnered with Obligo to provide a security deposit alternative to qualified renters! ADDITIONAL FEES AND RENTAL INFORMATION: Move-In Funds: Minimum 1st month rent, 1 month security deposit Application fee: $100 Application fee Association Application: $150 app fee. 10 day processing period. Pets: One pet considered, no dangerous breeds. $250 refundable pet fee and $25/mo. pet rent Utilities: Water $80/$100 occupancy based. Electric tenant responsibility. Included: Lawn Care and trash THIRD PARTY PET SCREENING SERVICE: ALL applicants must complete pet screening. Create a pet and/or animal profile or "no pet" profile. You will receive a separate email to connect with our service provider and to complete your pet application (note: there is cost of $30/$25 for the first pet and $25/$20 for each additional pet.) This pet profile must be completed for your application to be considered completed. Medically necessary animals for the benefit of the occupant(s) are permitted with valid documentation from a medical or mental healthcare provider. Fees and deposits are waived for medically necessary animals. THE ESA APPROVAL MUST BE OBTAINED WITH OUR PET SCREENING SERVICE. PMI SWFL does not review/evaluate ESA documents for approval. Qualifications: We run a complete background check that includes credit, income verification, prior landlord and eviction history. In terms of credit, we look at the entire picture as opposed to just the credit score, but in general, we do require a score over 550. This property is professionally managed by PMI Southwest Florida.

Location

Details

Type:
Residential Lease
Parking:
Driveway
Year Built:
1967
Lot:
0.09 Acres
Heating:
Electric
Price/sqft:
$1
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$127,450
$74K – $159K
Confidence Low
List vs. estimate
$126K below estimate
List $1,275 · -99.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$1
-99.5% vs. city median $273
Based on
30 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Pets
Allowed
All facts and features
  • Flooring

    • Tile

    • Hardwood

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Ice Maker

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Thermostat

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Driveway

    Property

    • Levels: One

    • Exterior Features: Lighting / Rain Gutters / Sidewalk

    Lot

    • Lot: 0.09 Acres

    Other Property Information

    • Parcel Number: 5478700007

  • Type and style

    • Property Type: Residential Lease

    • Property Sub Type: Mobile Home

  • Utility

    • Cable Available

    • Electricity Connected

    • Public

    • Sewer Connected

    • Water Connected

  • Source details

    • MLS ID: A4675602

    Other facts

    • Laundry Features: In Garage / Outside

    • Lot Features: Landscaped / Sidewalk

    • Patio And Porch Features: Patio / Screened

    • Window Features: Blinds

    • Living Area: 882

    • Water Source: Public

    • Subdivision Name: FAIR LANE ACRES THIRD ADD

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PMI SOUTHWEST FLORIDA