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 youre 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.
Listed By
Agency Name: Red Rock Realty
Agency Phone: 786-486-2474
Shown By
Agent Name: Scheeler Devis
Agent Phone: Cell: (516) 567-3111
Agency Title: Realty 100
Estimated Payment
$ 789.48 per month $567.52 Principal & Interest $147.58 Property Tax $74.38 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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5442 Fourth Ave | MLS# A12064691
This single family home located at 5442 Fourth Ave, Fort Myers, FL 33907 is currently listed for sale with an asking price of $255,000. This property was built in 1962 and has 3 bedrooms and 1 full baths with 1051 sq. ft. Fourth Ave is located in the Pine Manor subdivision. Search Pine Manor real estate on sdevis.realty100.com today.