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5438/5440 Fourth Avenue

Fort Myers, FL 33907
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Acres0.28

Acre(Lot)

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.

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Detail Ic Property Details

Property Type : Land

Price : $250,000

AD Id : 90068915

MLS Id : A12077958

Lot Size : 0.28 Acre(Lot)

County : Lee

Subdivision: Pine Manor

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  • Lot Information

    Lot Dimensions: .28 Lot Size Acres: 0.28 Lot Size Square Feet: 5,999

    Property Information

    Subdivision: Pine Manor Source Property Type: Land MLS Area Minor: Other Property SubType: Unimproved Land Direction Faces: East

  • Listing Price Information

    Listing Price: $250000
    Cash, Conventional

  • Tax Information

    Parcel Number: 11452403000130070 Tax Year: 2025 Annual Tax: $197 Tax Legal Desc: PINE MANOR UNIT 3 BLK 13 PB 10 PG 93 LOT 7
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
118 5th Street, Fort Myers, FL, 33907 $525,000 -- -- -- 0.79 Acre(Lot)
505 Center Road, Fort Myers, FL, 33907 $79,900 -- -- -- 0.34 Acre(Lot)
1818 Cypress Drive, Fort Myers, FL, 33907 $73,000 -- -- -- 0.16 Acre(Lot)
5438/5440 Fourth Avenue, Fort Myers, FL, 33907 $50,000 -- -- -- 0.14 Acre(Lot)
5540 6th Avenue, Fort Myers, FL, 33907 $93,000 -- -- -- 0.14 Acre(Lot)
7046/7058 Maida Lane, Fort Myers, FL, 33907 $1,496,000 -- -- -- 5.30 Acres(Lot)

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ByOwner last updated this listing 08/27/2026 @ 02:43

MLS: A12077958 LISTED BY: Juan Vargas, Red Rock Realty 786-486-2474 SOURCE: Beaches MLS

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