5438/5440 Fourth Ave, Fort Myers, FL 33907
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: juan vargas
Office: red rock realty786-486-2474
MLS#:A12077958
Source:SEFMLS
Price summary
- Price:$250,000
About this home
Rare Fort Myers Investment & Development Opportunity! Two adjacent residential properties are being offered together (5442 Fourth Ave), creating an excellent opportunity for an investor, developer, or owner-user. The property includes a vacant, undeveloped duplex lot that is easy to clear, plus an adjacent single-family property featuring a livable 3-bedroom, 1-bath home.
The single-family residence has been updated with a new roof, impact windows, and fresh interior/exterior paint. The home needs some additional work but is otherwise livable and offers immediate potential. A large 15' x 20' storage shed is located in the rear yard, providing substantial additional storage space.
The adjacent duplex lot is currently undeveloped, offering a clean slate for future development. Potential exists to combine the two lots into one parcel and pursue rezoning to allow for a multifamily development, subject to City/County approval and applicable zoning and land-use requirements. Total combined acreage over 12,000 sqft.
Conveniently located near Downtown Fort Myers, shopping, dining, major roads, and other amenities, this property offers both current residential use and significant future development potential. An excellent opportunity to acquire two adjoining properties with multiple possibilities for redevelopment, investment, or an owner-user strategy....
Contact an agent
Home facts
- Subdivision & Development:Pine Manor
- Listing ID #:A12077958
- Updated:August 27, 2026 at 10:06 AM
Structure and exterior
- Lot area:0.14 Acres
Finances and disclosures
- Price:$250,000
- Tax amount:$197 (2025)
New listings near 5438/5440 Fourth Ave
- New
$495,000Active4 beds 3 baths2,032 sq. ft.11068 Cherry Laurel Dr., FORT MYERS, FL 33912
MLS# TB8541988Listed by: ENGEL & VOLKERS TAMPA DOWNTOWN - New
$399,000Active-- beds -- bathsAddress Withheld By Seller, Fort Myers, FL 33916
MLS# A12073651Listed by: INTERINVESTMENTS REALTY, INC. - New
$650,000Active3 beds 2 baths1,850 sq. ft.13319 Marquette Blvd, Fort Myers, FL 33905
MLS# A12077576Listed by: D'HOMES GROUP INC - Open Sat, 12 to 2pmNew
$495,000Active3 beds 3 baths2,583 sq. ft.3987 Ashentree Court, FORT MYERS, FL 33916
MLS# C7529968Listed by: KW FLORIDA LIVING - New
$429,000Active3 beds 2 baths1,299 sq. ft.1223 Biltmore Drive, FORT MYERS, FL 33901
MLS# C7529950Listed by: KW FLORIDA LIVING - New
$575,000Active5 beds 3 baths2,826 sq. ft.9826 Weather Stone Place, FORT MYERS, FL 33913
MLS# G5116900Listed by: OLYMPUS EXECUTIVE REALTY INC - New
$209,000Active3 beds 2 baths1,420 sq. ft.2985 Saint Charles Street, FORT MYERS, FL 33916
MLS# TB8541789Listed by: 10 STARS PROPERTY MANAGEMENT LLC
$2,649,000Active5 beds 5 baths2,706 sq. ft.13664 & 13668 Marquette Boulevard, FORT MYERS, FL 33905
MLS# A4702778Listed by: RE/MAX GULF COAST LIVING- New
$449,500Active2 beds 2 baths1,673 sq. ft.10545 Avila Cir, Fort Myers, FL 33913
MLS# A12073128Listed by: LUX INTERNATIONAL REALTY, LLC