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$599,900 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 4 Units
  • 0.316 Acres
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Discover an exceptional waterfront investment opportunity at 14938 Wise Way in Fort Myers. This income-producing quadplex offers the perfect blend of strong rental potential and the sought-after Southwest Florida waterfront lifestyle. Situated on a gulf-access canal, residents can enjoy direct boating access and peaceful water views right from the property. Each of the four units features its own private screened porch, providing a comfortable outdoor space where tenants can relax and take in the waterfront setting. The units have also undergone recent cosmetic improvements, enhancing their appeal while helping attract and retain quality tenants. Whether you are looking to expand your investment portfolio by securing a multi-unit property in a desirable waterfront location, or looking for the ideal owner-occupant house hack, this quadplex presents a fantastic opportunity. With steady income potential, gulf access, and desirable outdoor living spaces for every unit, this property embodies the best of Florida waterfront living combined with reliable rental performance.

Full Property Details for 14938 Wise Way

General

  • Price: $599,900
  • Taxes: (2025)
  • Status: Pending
  • Type: Multi-Family
  • Source: Bonita_Springs
  • MLS ID: 2026011138
  • Updated: 9/25/2026
  • Added to Site: 221 day(s) ago

Interior

  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Additional Information

  • Shared Amenities: None, Boating, Non-Gated

Exterior

  • Exterior Features: Dock, Wooden Dock
  • Porch/Patio/Deck: Patio

Location

  • Area: FE07 - East Fort Myers Area
  • County: Lee
  • Subdivision: FORT MYERS
  • Building Name: FORT MYERS

Community

  • Units Assoc/Comm: 4
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Electric
  • Heating Type: Central Electric

Utilities

  • Sewer: Septic Tank
  • Water: Central
  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • Description/Design: Quadruplex
  • Exterior Const.: Wood Frame, Stucco
  • Roof: Metal
  • Windows: Single Hung
  • Stories/Levels: 2
  • Year Built: 1971

Lot Features

  • Lot Size (Acres): 0.316
  • Lot Size (Sq. Ft.): 13,764
  • Lot Size Source: Property Appraiser Office
  • Lot Dimensions: 148 x 148 x 99 x 101
  • Frontage Feet: 148
  • Irrigation System: None
  • Lot Features: Irregular Lot
  • Zoning: RM-2
  • Lot Description: Irregular Lot

Water Features

  • Water Front: Yes
  • Gulf Access: Yes
  • Water Front Desc.: No Bridge(s)/Water Direct, Canal Front, Seawall
  • Canal Width: Canal Width 81-120
  • Boat Dock Slip: Yes

Financial Considerations

  • Operating Expenses: $18,347
  • Tax Year: 2025
  • Terms: Buyer Finance/Cash, FHA, VA Loan
  • Tenant Pays: Electricity

Disclosures and Reports

  • Legal Description: W 147FT OF LT B LANDINGS EAST PARADISE SHORES PB 25 PG 80
  • Property ID: 21-43-26-07-0000B.0040
  • Section: 21
  • Block: B
  • Lot Number: B

Listed by The Simonelli Real Estate Grp

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— 14938 Wise Way —

  • The Simonelli Real Estate Grp

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 14938 Wise Way

School District:Lee County School District, Fort Myers, FL
NameGradesDistance
River Hall Elementary School
2800 River Hall Parkway, Alva, FL 33920
K-51.3 mi
Manatee Elementary School, Fort Myers, FL
5301 Tice Street, Fort Myers, FL 33905
K-55.9 mi
The Alva School
17500 Church Avenue, Alva, FL 33920
6-86.5 mi
Riverdale High School
2600 Buckingham Road, Fort Myers, FL 33905
9-121.4 mi
Lehigh Senior High School
901 Gunnery Road North, Lehigh Acres, FL 33971
9-126.9 mi
Gateway High School-0842
901 Gunnery Road North, Lehigh Acres, FL 33971
9-126.9 mi
Orange River Elementary School
4501 Underwood Drive, Fort Myers, FL 33905
K-56.5 mi
Tice Elementary School
4524 Tice St, Fort Myers, FL 33905
K-57.5 mi
James Stephens International Academy
1333 Marsh Avenue, Fort Myers, FL 33905
K-58.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 14938 Wise Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/16/2026
Price Reduced
$599,900
-4.01%
MLS
6/22/2026
Price Reduced
$624,990
-3.85%
MLS
5/06/2026
Price Reduced
$649,990
-3.7%
MLS
4/08/2026
Price Reduced
$674,990
-3.57%
MLS
3/05/2026
Listed
$699,990
21.74%
MLS
10/15/2021
Sold
$575,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 14938 Wise Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,336
—
$297,151
112%
2025
$3,336
4%
$140,061
-2%
2024
$3,221
3%
$143,275
2%
2023
$3,132
-43%
$140,061
-63%
2021
$5,474
-39%
$377,144
-35%
2022
$8,961
64%
$577,003
75%
2021
$5,474
29%
$329,458
55%
2018
$4,231
20%
$212,394
10%
2017
$3,512
-24%
$193,085
-17%
2019
$4,593
73%
$233,633
73%
2016
$2,660
-10%
$135,419
-4%
2015
$2,961
2%
$140,338
—
2014
$2,897
-1%
$140,338
—
2013
$2,928
—
$140,338
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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14938 Wise Way, Fort Myers, FL 33905 (MLS# 2026011138) is a Multi-Family property with 4 units containing 8 bedrooms and 4 full bathrooms. 14938 Wise Way is currently listed for $599,900 and was received on March 05, 2026. Want to learn more about 14938 Wise Way? Do you have questions about finding other Multi-Family real estate for sale in Fort Myers? You can browse all Fort Myers real estate or contact a Coldwell Banker agent to request more information.

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