5438/5440 Fourth Ave ,Residential, Pine Manor for Sale & Rent

5438/5440 Fourth Ave for Sale & Rent

Price $250,000.00

• Lot size 5999
• Year Build
• Waterfront
• Zip 33907
• Style
• Parking Description
• Pool Yes
• Status Active

Description

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.

PINE MANOR UNIT 3 BLK 13 PB 10 PG 93 LOT 7

Fenced, No Misc/Improvements, Sidewalk

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.

City:Fort Myers,Zoning:Duplex,List A O R:A-Miami Association of REALTORS,Tax Year:2025,Latitude:26.573834,List Price:250000,Listing Id:A12077958,Longitude:-81.876557,Mls Status:Active,Current Use:1:Unused,Postal Code:33907,Street Name:Fourth Ave,Coordinates:1:26.573834,Lot Features:1:No Misc/Improvements,2:Sidewalk,Photos Count:27,Building Name:Pine Manor,Listing Terms:1:Conventional,Lot Size Acres:0.28,Lot Size Units:Square Feet,M I A M I R E_ Area:5940 Florida Other,M L S Area Major:Pine Manor,On Market Date:2026-08-26,Parcel Number:11-45-24-03-00013.0070,Property Type:Land/Boat Docks,Street Number:5438/5440,Public Remarks: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.,County Or Parish:Lee County,Direction Faces:East,Expiration Date:2026-12-31,List Office Name:Red Rock Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Property Sub Type:Residential,State Or Province:FL,Subdivision Name:Pine Manor,Tax Annual Amount:197,Unparsed Address:5438/5440 Fourth Ave, Fort Myers FL 33907,Listing Agreement:Exclusive Agency,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:5999,Original List Price:250000,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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.,Additional Parcels Y N:1,Listing Contract Date:2026-08-26,Originating System I D:miamire,Showing Instructions:Go Directly,Street Number Numeric:5438,Tax Legal Description:PINE MANOR UNIT 3 BLK 13 PB 10 PG 93 LOT 7,M I A M I R E_ Current Price:250000,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Geographic Area:Other Geographic Area (Out Of Area Only),M I A M I R E_ Internet Remarks:Package deal,M I A M I R E_ Parcel Number M L X:1,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$26.573834$-81.876557$274.29$13.33$1.00$TtWB-q2XEx7LxGcylNOzpA,Contract Status Change Date:2026-08-26,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Fill From Record_ M U I:540522880,M I A M I R E_ Agent Alternate Phone:786-486-2474,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:5438/5440 Fourth Ave,