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$250,000
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Property Description
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.
Full Property Details
Full Property Details for 5442 Fourth Ave
General
- Price: $250,000
- Taxes: $1,771 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A12064691
- Updated: 9/12/2026
- Added to Site: 66 day(s) ago
Interior
- Interior Features: First Floor Entry, No Additional Rooms
- Appliances: Electric Range, Refrigerator
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: At Least 1 Bedroom Ground Level
Other Rooms
- Living Room: No Additional Rooms Sq. Ft.
- Laundry: Washer/Dryer Hook-Up
Exterior
- Deck/Patio: Patio
Parking
- Parking Features: Driveway
Location
- Area: Pine Manor
- County: Lee County
- Subdivision: Pine Manor
- Building Name: Pine Manor
- Direction Faces: East
Community
- Community Name: Pine Manor
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, One Story
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Detached
- Construction: Concrete Block Construction, Frame, Frame With Stucco
- Roof: Shingle
- Windows: Impact Glass
- Building Size: 1051
- Square Feet: 1,051
- Living Area: 1,051 Sq. Ft.
- Year Built: 1962
Lot Features
- Property View: None
- Lot Size (Sq. Ft.): 6,011
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: Residential
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $237.87
- Tax Amount: $1,771
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA
Disclosures and Reports
- Legal Description: PINE MANOR UNIT 3 BLK.13 PB 10 PG 93 LOT 8
- Restrictions: No Restrictions
- Property ID: 11-45-24-03-00013.0080
Listed by Red Rock Realty
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Schools
Schools serving 5442 Fourth Ave
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Tanglewood Elementary School 1620 Manchester Boulevard, Fort Myers, FL 33919 | K-5 | 0.6 mi |
Villas Elementary School 8385 Beacon Boulevard, Fort Myers, FL 33907 | K-5 | 0.7 mi |
Heights Elementary School 15200 Alexandria Court, Fort Myers, FL 33908 | K-5 | 4.7 mi |
Cypress Lake Middle School 8901 Cypress Lake Drive, Fort Myers, FL 33919 | 6-8 | 2.5 mi |
Lexington Middle School 16351 Summerlin Road, Fort Myers, FL 33908 | 6-8 | 5.7 mi |
Cypress Lake High School 6750 Panther Lane, Fort Myers, FL 33919 | 9-12 | 2.8 mi |
South Fort Myers High School 14020 Plantation Road, Fort Myers, FL 33912 | 9-12 | 3 mi |
Fort Myers High School 2635 Cortez Boulevard, Fort Myers, FL 33901 | 9-12 | 3.7 mi |
Rayma C. Page Elementary School 17000 South Tamiami Trail, Fort Myers, FL 33908 | K-5 | 6 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 5442 Fourth Ave
Date
Details
Price
Change
Source
9/12/2026
Price Reduced
$250,000
-1.96%
MLS
8/26/2026
Price Increased
$255,000
27.5%
MLS
8/03/2026
Listed
$200,000
—
MLS
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
Tax History for 5442 Fourth Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,844
—
$79,378
10%
2025
$1,844
-7%
$72,162
-65%
2024
$1,990
24%
$208,674
46%
2023
$1,600
30%
$142,536
53%
2021
$1,232
-15%
$93,412
-23%
2022
$1,446
17%
$121,475
55%
2021
$1,232
22%
$78,330
112%
2018
$1,012
11%
$37,030
-34%
2017
$915
15%
$55,720
33%
2016
$798
-22%
$41,875
3%
2019
$1,024
43%
$40,733
23%
2015
$718
6%
$32,998
-5%
2014
$676
8%
$34,600
15%
2013
$628
—
$30,007
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5442 Fourth Ave
5442 Fourth Ave, Fort Myers, FL 33907 (MLS# A12064691) is a Single Family property with 3 bedrooms and 1 full bathroom. 5442 Fourth Ave is currently listed for $250,000 and was received on August 03, 2026. Want to learn more about 5442 Fourth Ave? Do you have questions about finding other Single 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.

