FL Real Estate & Homes • (561) 835-5400Mortgage • Title • List & Sell for 1% • Get Home Value
$250,00051 days on marketActive

5442 Fourth Avenue, Fort Myers, FL 33907

Fort Myers, FL 33907
3
Beds
1
Baths
1,051
Sq Ft
$238
$/Sq Ft
1962
Year Built
0.14 acres
Lot Size

Listing Snapshot

List Price$250,000
Price / Sq Ft$238
Beds3
Baths1
Living Area1,051 sqft
Lot Size0.14 acres
Year Built1962
Property Tax$1,771/yr
MLS #1178789959
StatusActive
Days on Market51

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

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Listed by Juan Vargas · Red Rock Realty
MLS# 1178789959 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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Estimate Your Payment

$

20% down · Loan: $200,000

%
Est. Monthly$1,512
Principal & Interest$1,364
Property Tax$148

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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