5442 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#:A12064691
Source:SEFMLS
Price summary
- Price:$250,000
- Price per sq. ft.:$237.87
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....
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Home facts
- Year built:1962
- Subdivision & Development:Pine Manor
- Listing ID #:A12064691
- Updated:September 24, 2026 at 10:04 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Tile
- Kitchen Description:Electric Range, Refrigerator
- Living area:1,051 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1962
- Building area:1,051 sq. ft.
- Lot area:0.14 Acres
- Architectural Style:Detached, One Story
- Construction Materials:Block, Frame, Stucco
- Exterior Features:Fence, Patio
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$250,000
- Price per sq. ft.:$237.87
- Tax amount:$1,771 (2025)
Features and amenities
- Appliances:Electric Range, Refrigerator
- Laundry features:Dryer Hookup, Washer Hookup
- Amenities:Impact Glass Windows
Parking
- Parking description:Detached, Driveway, Garage
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