5442 Fourth Ave, Fort Myers, FL 33907

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.

Property Details

Bathrooms Full

1

Interior Features

First Floor Entry, No Additional Rooms

Appliances

Electric Range, Refrigerator

Flooring

Tile

Heating

Central

Cooling

Central Air

Architectural Style

Detached, One Story

Garage Spaces

0

Parking Features

Driveway

Building & Association

Building Name

Pine Manor

Association

No

Lot & Construction

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

6,011

Waterfront

No

View

None

Construction Materials

Concrete Block Construction, Frame, Frame With Stucco

Roof

Shingle

New Construction

No

Public Records

Parcel Number

11-45-24-03-00013.0080

Tax Annual Amount

$1,771

Tax Year

2,025

Zoning

Residential

County Or Parish

Lee County

Location