5442 4 Ave
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 Information
Facts & Features
Location
Community Information
Architecture
Features & Amenities
Property Features
Square Footage
Tax & Financial Information
Schools
Unity Charter School Of Fort Myers
Tanglewood Elementary School
Villas Elementary School
Florida Southwestern Collegiate High School
Orangewood Elementary School
Adult Education
Lee County Acceleration Academies
Lee County Virtual Instruction Program (District Provided)
School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.
Historical Data
Price History
| Date | Event | Price |
|---|---|---|
| 09/12/2026 | Price change | $250,000 |
| 08/03/2026 | Listed for sale | $200,000 |
Listed by Juan Vargas · Red Rock Realty · 7864862474
Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, MIAMI REALTORS MLS. All rights reserved.
Last Updated: September 12, 2026 at 11:08 PM | Source: MIAMI REALTORS MLS | MLS#: A12064691

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