5442 Fourth Avenue, Fort Myers, FL 33907
Listing Snapshot
| List Price | $250,000 |
| Price / Sq Ft | $238 |
| Beds | 3 |
| Baths | 1 |
| Living Area | 1,051 sqft |
| Lot Size | 0.14 acres |
| Year Built | 1962 |
| Property Tax | $1,771/yr |
| MLS # | 1178789959 |
| Status | Active |
| Days on Market | 51 |
About This Home
INVESTMENT & DEVELOPMENT OPPORTUNITY — TWO ADJACENT PROPERTIES OFFERED TOGETHER! This unique package includes a well-located 3-bedroom, 1-bath single-family home plus an adjacent residential duplex lot (5438/5440), offering flexibility for an investor, developer, or owner-user.The existing single-family home is livable and features a new roof, impact windows, and fresh paint. The property needs some additional work but provides a solid foundation for continued use or future improvements. A spacious 15' x 20' shed is located in the rear of the property, providing excellent storage or workspace potential.The adjacent undeveloped duplex lot offers a clean slate for future development and is easy to clear. With both properties being sold together, there may be an opportunity to combine the lots into one parcel and pursue rezoning for multifamily use, subject to applicable City of Fort Myers approvals, zoning requirements, and development regulations.Located near Downtown Fort Myers, shopping, dining, major roads, and other everyday amenities, this package presents an attractive opportunity to acquire an existing residence along with additional land for potential future development.Two adjacent properties. One package. Multiple possibilities. Whether you're looking for an investment property with additional land, a future development opportunity, or a property with potential for multifamily redevelopment, this offering is worth a closer look. 12,010 sqft of total land.
General Features
- Property Type
- Residential
- Sub-type
- SingleFamilyResidence
- Stories
- 1
- Direction Faces
- East
- Attached Garage
- No
- Parking
- Driveway,Detached,Garage
- Zoning
- Residential
- Subdivision
- Pine Manor
Interior Features
- Appliances
- ElectricRange,Refrigerator
- Flooring
- Tile
- Heating
- Central
- Cooling
- CentralAir
- Interior Features
- MainLevelPrimary
- Laundry
- WasherHookup,DryerHookup
Exterior Features
- Construction
- Block,Frame,Stucco
- Exterior Features
- OutdoorLivingArea
- Roof
- Shingle
- Patio / Porch
- Patio
- Fencing
- Fenced
- Pool
- No
- Waterfront
- No
Community Features
- Association Amenities
- None
- MLS Area
- 5940 - Other Florida County
Map
Virtual Tour
View Virtual TourMLS# 1178789959 · BEACH
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Estimate Your Payment
20% down · Loan: $200,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.