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5442 Fourth Avenue, Fort Myers, Florida 33907

Active For Sale
$255,000
  • Beds 3
  • Baths 1
  • Sq Ft 1,051 Sqft
  • Visits: 1 in 27 days

Description

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.

Features

  • Heating System: Central
  • Cooling System: Central Air
  • Fence: Fenced
  • Patio: Patio
  • Parking: Driveway, Detached, Garage

Appliances

  • Appliances: Electric Range, Refrigerator

Address Map

  • Country: US
  • State: FL
  • County: Lee
  • City: Fort Myers
  • Subdivision: Pine Manor
  • Zipcode: 33907
  • Street: Fourth
  • Street Number: 5442
  • Street Suffix: Avenue
  • Floor Number: 0
  • Longitude: W82° 7' 24.4''
  • Latitude: N26° 34' 25.3''
  • MLS Area: 5940 - Other Florida County

MLS Addon

  • Association Amenities: No
  • Association Fee: $0
  • Close Price: $0
  • Exterior Features: Outdoor Living Area
  • Flooring: Tile
  • Insurance Expense: $0
  • Interior Features: Main Level Primary
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Levels: One
  • New Taxes Expense: $0
  • Stories: 1
  • Stories Total: 1
  • Tax Annual Amount: $1,771
  • Zoning: Residential

Location

Listing Updated: 2026-09-05 21:40:50

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : A12064691
  • Price : $255,000
  • View : Ocean, River, Water
  • Bedrooms : 3
  • Bathrooms : 1
  • Full Bathrooms : 1
  • Half Bathrooms : 0
  • Square Footage : 1,051 Sqft
  • Year Built : 1962
  • Lot Area : 0.14 Acre
  • Listing Status : Active
  • Days On Market : 26
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