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Counties

Broward County

Land in Fort Myers, FL 33907
Pine Manor, 5438/5440 Fourth Ave

Overview Features True Comps Price History Payment Location Similar Homes

New - 2 days 1 h ago

$250,000

Estimate Payment

0.14

Acre

Status

Active

Size

0.14 Acres (557 m²)

Price

$1,785,714/Acre ($449/m²)

Type

Land

MLS Number

A12077958

On Site

2 Days

Updated

1 Days ago

Page Views

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 dup... Read more

Features

All features

Property SqFt: 5999
Remarks: 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.
Internet Remarks: 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.
Waterfront: No info
Directions: East
Days on Market: No info
Office Name: Red Rock Realty
Area: 5999
Taxes: 197
Tax Year: 2025
Listing Date: 2026-08-26T09:34:29.000-00:00
Lot Size Square Feet: 5999

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Price History

Date

Event

Price

Change

Price Per

08/26/2026

Listed

$250K

$42 ft²

$449 m²

08/26/2026

$250K

Event

Listed

Price Per

$42 ft²

$449 m²

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Juan Vargas • Red Rock Realty • Buyer Agency Compensation .

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2 – 4 BR

Bedrooms

$200K – $466K

Price Tier

720 - 1,830

SqFt Range

1960

Year Build

Total Floors

Subdivision Amenities

Basketball

Barbecue

Car Wash Area

Internet Access

Park

Play Area

Restaurant

See Remarks

Shopping

Streetlight

Community Room

Guest Room

Hobby Room

Internet Access

None

Park

Fort Myers
Entry-Level
Entry-Level Homes & Condos

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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