5438/5440 Fourth Avenue, Fort Myers, FL 33907

New Listing

$250,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12077958

Property Type: Land & Docks Lot Size (sq. ft.): 5,999 Status: Active

Current Price: $250,000 List Date: 8/26/2026 Last Modified: 8/26/2026

Overview

Description

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 acr ... (Read more)

Listing Details MLS# A12077958

General Property Information

Property Sub Type: Unimproved Land
Number Of Lots: 2
Lot Size Acres: 0.28
Lot Size Square Feet: 5999
Lot Size Dimensions: .28
Additional Parcels YN: Yes
Direction Faces: East
LP/SqFt: 41.67

Property Features

Current Use: Residential; Unimproved; Vacant Development Status: Raw Land Fencing: Fenced Other Structures: None Possession: Close Of Escrow Trees: Other Listing Terms: Cash; Conventional Lot Features: Sidewalks Showing Requirements: No Appointment

Contract Information

Comp Sale YN: No
Original List Price: 250000
LP/Acre: 892857.14

Location and Legal

Country: United States
County Or Parish: Lee
County Parish Name: Lee
Street Number: 5438/5440
Street Name: Fourth
Street Suffix: Avenue
City Name: Fort Myers
State Or Province: FL
Postal Code: 33907
Postal Zip: 33907
Subdivision Name: Pine Manor
Area: 5940 - Other Florida County
Geographic Area: Other
Parcel Number: 11452403000130070
Zoning: Duplex

Financial Information

Tax Year: 2025
Tax Annual Amount: 197
Tax Legal Description: PINE MANOR UNIT 3 BLK 13 PB 10 PG 93 LOT 7
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-08-26T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-08-26

More Information

Price Calculations

Current Price To SqFt: 20.49

Section Details

Parcel Number MLX: Yes

Originating Details

Originating System Key: 560072959
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Fencing

Fenced: Yes

Current Use

Residential: Yes
Unimproved: Yes
Vacant: Yes

Development Status

Raw Land: Yes

Other Structures

None: Yes

Possession

Close Of Escrow: Yes

Trees

Other: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Sidewalks: Yes

Showing Requirements

No Appointment: Yes

Listing Office: Red Rock Realty

Last Updated: August - 26 - 2026

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5438/5440 Fourth Avenue, Fort Myers, FL 33907 (MLS# A12077958)