5438/5440 Fourth Ave, Fort Myers, FL 33907

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.

Building & Association

Building Name

Pine Manor

Association

No

Lot & Construction

Lot Features

Fenced, No Misc/Improvements, Sidewalk

Lot Size Square Feet

5,999

Waterfront

No

View

No

New Construction

No

Public Records

Parcel Number

11-45-24-03-00013.0070

Tax Annual Amount

$197

Tax Year

2,025

Zoning

Duplex

County Or Parish

Lee County

Location