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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
0.28 acres
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.28
-
Lot Size(square feet)
5,999
-
Property Type
Land
Price
-
Sales Price
$245,000
-
Tax Amount
$197
-
Zoning
Duplex
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
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Location
County
Lee
Elementary School
Middle School
High School
Listing Courtesy of Juan Vargas, Red Rock Realty
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Managing Broker & Founder
Jarrod Gaylis
Call Jarrod today to schedule a private showing.
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