$250,000
5438/5440 Fourth Ave
Fort Myers, FL, 33907
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.
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.
Property Details
Price:
$250,000
MLS #:
A12077958
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Residential
Subdivision:
Pine Manor
Neighborhood:
pinemanor
Listed Date:
Aug 26, 2026
Lot Size:
5,999 sqft / 0.28 acres (approx)
Schools
Interior
Exterior
Direction Faces
East
Fencing
Fenced
Lot Features
Fenced, No Misc/Improvements, Sidewalk
Other Structures
None
Financial
Tax Year
2025
Taxes
$197
Mortgage Calculator
Map
Current real estate data for Single Family in Fort Myers as of Aug 27, 2026
50
Single Family Listed
154
Avg DOM
231
Avg $ / SqFt
$400,050
Avg List Price
Community
- Address5438/5440 Fourth Ave Fort Myers FL
- SubdivisionPine Manor
- CityFort Myers
- CountyLee County
- Zip Code33907
Subdivisions in Fort Myers
- ALABAMA GROVE
- BARDEN
- BAYSHORE COMMONS AS DESC
- BLVD HTS SHOPPING CENTER
- BOWLING GREEN
- Brightmoor
- Buckingham
- Buckingham Park.
- CALOOSA VIEW
- Carver Park
- City View Park 03
- City View Park 03,Fort Myers
- CRANE LANDING
- CRANFORDS
- Cypress Landing
- Edgewood Subdivision
- EVANSTON PARK CONDO PH 2
- FERNWALK
- FORT MYERS
- FORT MYERS FL
- Fort Myers Villas Unit 1
- Gateway Rotal Green @ Gate
- GLENBORO GROVES
- HAMPTON LAKES
- Hansons Highlands Sub,fort myers
- Lee County Unincorporated
- LEHIGH ACRES
- LEHIGH ACRES UNIT
- LEILANI
- LINDA LOMA
- LOCHMOOR VILLAS
- MATERA
- MCGREGOR ESTATES
- Mirror Lakes
- Myerlee Park Homes
- Orange River Hills
- PARKWAY PRESERVE
- PORTICO
- Portico PH IIIB,Portico
- RESERVE AT BUCKINGHAM
- Riverside
- ROYAL WOODS
- RUSSELL PARK ANNEX
- San Carlos Park
- SANIBEL HARBOUR TOWER COND
- SOUTHWIND SUBDIVISION
- ST CLAIR GARDEN CONDO
- THE PALMS OF BAY BEACH,THE PALMS OF BAY BEA
- THE RESIDENCE
- timberlakes
- TRAVERS & HENDRYS,Hillcrest
- VILLA CAPRI CONDOMINIUM,VILLA CAPRI CONDO
- WATERMARK
- WATERWAY STATES
- Whiskey Creek Club Estates
- willow lake
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Property Summary
- Located in the Pine Manor subdivision, 5438/5440 Fourth Ave Fort Myers FL is a Single Family for sale in Fort Myers, FL, 33907. It is listed for $250,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space.The average price per square foot for Single Family listings in Fort Myers is $231. The average listing price for Single Family in Fort Myers is $400,050.

5438/5440 Fourth Ave
Fort Myers, FL



























