Price Check
How this price compares
- List price
- $250,000
- Price per sq ft
- $238
- Original price
- Unchanged
- Days on market
- 51
This 3-bedroom single-family home is listed at $250,000, or $238 per square foot. It has been on the market for 51 days.
Estimated monthly payment
$1,314 /mo
Principal and interest only, based on $50,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $250,000
- Days on Site
- 51 Days
- Bedrooms
- 3
- Total Baths
- 1
- Full Baths
- 1
- Living Area
- 1,051 sqft
- Total Sq Ft
- 1,051 sqft
- Lot Size
- 0.14 Acres
- Year Built
- 1962
- Property Type
- Single Family
- MLS #
- A12064691
- Property Tax
- $1,771 (2025)
- Subdivision
- Pine Manor
- County
- Lee
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 1962
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 0
- Parking
- Driveway / Detached / Garage
- Direction Faces
- East
- Lot Size (Acres)
- 0.14
- Living Sq Ft
- 1,051
- Total Sq Ft
- 1,051
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- Residential
Interior Features
- Appliances
- Electric Range / Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Tile
- Interior Features
- Main Level Primary
- Laundry
- Washer Hookup / Dryer Hookup
Exterior Features
- Construction
- Block / Frame / Stucco
- Roof
- Shingle
- Exterior Features
- Outdoor Living Area
- Patio & Porch
- Patio
Community & HOA
- Association Amenities
- None
- Financing Terms
- Cash / Conventional / FHA
- Restrictions
- No Restrictions
- MLS Area
- 5940 - Other Florida County
About the Area
- Homes for Sale
- 140
- Median List Price
- $309,000
- Median $/Sq Ft
- $197
- Avg Days on Market
- 158
Frequently Asked Questions
- How do I schedule a tour of 5442 Fourth Avenue, Fort Myers, FL 33907?
- Use the Tour button on this listing to request a showing of 5442 Fourth Avenue, Fort Myers, FL 33907. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 5442 Fourth Avenue, Fort Myers, FL 33907 still available?
- 5442 Fourth Avenue, Fort Myers, FL 33907 is currently listed as Active, and has been on the market 51 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 5442 Fourth Avenue, Fort Myers, FL 33907?
- With 20% down ($50,000) on the $250,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5442 Fourth Avenue, Fort Myers, FL 33907 is about $1,314/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5442 Fourth Avenue, Fort Myers, FL 33907?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5442 Fourth Avenue, Fort Myers, FL 33907. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 5442 Fourth Avenue, Fort Myers, FL 33907?
- Often, yes. The right offer on 5442 Fourth Avenue, Fort Myers, FL 33907 depends on how it's priced against comparable single family sales in Fort Myers, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Red Rock Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 7, 2026.
$250,000
Interested in This Property?
Contact us to schedule a showing or ask a question.
Own a home near this one? See what it would sell for today
Listed by Juan Carlos Vargas, Red Rock Realty
Map & Location
Property Types
