$245,000

5438/5440 Fourth, Fort Myers FL, 33907

Price per sqft$40.84

Lot size0.14 Acres

Property typeLand

Courtesy of Juan Vargas with Red Rock Realty

Overview

Active

Listed Aug 26, 2026

Updated Sep 14

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 comb

Additional information

MLS^® ID: A12077958

Exterior Features

Lot Size: 0.14 Acres

Other Property Details

Taxes: $197
Tax Frequency: Annually

Courtesy of Red Rock Realty, Juan Vargas,
Listing Contact: 786-486-2474

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 9/14/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 1:45 PM UTC, 9/14/2026