Unimproved Land in 5438/5440 Fourth Avenue, Fort Myers, FL 33907 for sale with MLS# A12077958
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.
5438/5440 Fourth Avenue, Fort Myers, FL 33907
- Price:
- $250,000.00
- Original List Price:
- $250,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $20.49
- List Price per Sq Ft (Calculated, Approx.):
- $41.67
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Land & Docks
- Property Type:
- Unimproved Land
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- August 26, 2026 4:00 am
- Lot Area:
- 5,999 Sqft
- Lot Size Dimensions and Info:
- .28
- Additional Parcels
- Lot Features:
- Sidewalks
- Lot Size Acres:
- 0.28
- Number of Lots:
- 2
- Waterfront:
- No
- Current Use:
- Unimproved, Residential, Vacant
- Fence:
- Fenced
- Vegetation and Trees:
- Other
- Property Entrance Faces:
- East
- Tax Annual Amount:
- $197.00
- Tax Year:
- 2025
- Subdivision Name:
- Pine Manor
- Senior Community:
- No
- Development Status:
- Raw Land
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- PINE MANOR UNIT 3 BLK 13 PB 10 PG 93 LOT 7
- Real Estate Folio Number (Parcel Number):
- 11452403000130070
- Zoning:
- Duplex
- Active on the market since:
- August 26, 2026
- Listing Agreement executed on:
- August 26, 2026
- Listing Status Last Changed On:
- August 26, 2026 4:00 am
- Photos updated on:
- August 26, 2026 7:05 pm
- Last Modified:
- August 26, 2026 7:05 pm
- Courtesy of:
- Red Rock Realty
- Attribution:
- Not provided
- Street Name:
- Fourth
- Street Number:
- 5438/5440
- City:
- Fort Myers
- State:
- Florida
- Zip Code:
- 33907
- County:
- Lee
- Latitude:
- N26° 34' 25.8''
- Longitude:
- W82° 7' 24.4''
- Street Suffix:
- Avenue
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 5438/5440 Fourth Avenue, Fort Myers, FL 33907
