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 you’re 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.
Listing Provided Courtesy of Red Rock Realty at 786-486-2474
Property Details
Price:
$250,000
MLS #:
A12064691
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Pine Manor
Neighborhood:
5940otherfloridacounty
Listed Date:
Aug 26, 2026
Finished Sq Ft:
1,051
Total Sq Ft:
1,051
Lot Size:
261,839,160 sqft / 0.14 acres (approx)
Year Built:
1962
See this Listing
Schools
Interior
Appliances
Electric Range, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Tile
Heating
Central
Laundry Features
Washer Hookup, Dryer Hookup
Levels
One
Exterior
Association Amenities
None
Construction Materials
Block, Frame, Stucco
Direction Faces
East
Fencing
Fenced
Parking Features
Detached, Detached Garage, Driveway, Garage
Patio And Porch Features
Patio
Roof
Shingle
Financial
Tax Year
2025
Taxes
$1,771
Map
Community
- Address5442 Fourth Avenue Fort Myers FL
- SubdivisionPine Manor
- CityFort Myers
- CountyLee
- Zip Code33907
Market Summary
Current real estate data for Single Family in Fort Myers as of Nov 04, 2026
54
Single Family Listed
116
Avg DOM
303
Avg $ / SqFt
$768,727
Avg List Price
Property Summary
- Located in the Pine Manor subdivision, 5442 Fourth Avenue Fort Myers FL is a Single Family for sale in Fort Myers, FL, 33907. It is listed for $250,000 and features 3 beds, 1 baths, and has approximately 1,051 square feet of living space, and was originally constructed in 1962. The current price per square foot is $238. The average price per square foot for Single Family listings in Fort Myers is $303. The average listing price for Single Family in Fort Myers is $768,727.
Similar Listings Nearby

5442 Fourth Avenue
Fort Myers, FL
