Rare investment opportunity in South Fort Myers. This 4-plex offers strong value-add potential, with two of the four units currently occupied and generating $32,340 per year in rental income. Each unit features 2 bedrooms, 1 bathroom, and approximately 852 sq ft of living space. Units include refrigerator, stove, washer, dryer, and dishwasher, along with a screened lanai. No major repairs are needed, providing a solid foundation for future upgrades and rent increases. The property offers 7 dedicated parking spaces and is located approximately 10 minutes from Fort Myers Beach, close to convenience stores and daily amenities. Leases were recently renewed, providing stable income for the new owner. This is an excellent opportunity for investors seeking long-term growth, rental optimization, or a strong value-add strategy in a desirable location.
| MLS # | 2026037960 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1980 |
| Days On Site | 29 |
| Listing Provided By | KEYRENTER FORT MYERS | Francis Bourassa |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,408 |
| Story(s) | 1 |
| Units | 1 |
| Zoning | RM-2 |
| Acreage | 0.33 |
| Lot Features | Irregular Lot, Oversized Lot |
|---|
| Tax Annual Amount | 5990.38 |
|---|
| Community Features | Non Gated |
|---|
| State | FL |
|---|---|
| County | Lee |
| City | Fort Myers |
| Zip Code | 33908 |
| Area | FM15 Fort Myers Area |
| Community Name | WHISPERING PINES |
| Listing VS Median (in WHISPERING PINES) | |
Price: $649,000 low | high Med: $4,500 sqft: 3,408 low | high Med: 1,981 $ / sqft: $190 low | high Med: $2 On site: 29 low | high Med: 126 | |
| State | FL |
|---|---|
| County | Lee |
| City | Fort Myers |
| Zip Code | 33908 |
| Area | FM15 Fort Myers Area |
| Community Name | WHISPERING PINES |
| Listing VS Median (in WHISPERING PINES) | |
Price: $649,000 low | high Med: $4,500 sqft: 3,408 low | high Med: 1,981 $ / sqft: $190 low | high Med: $2 On site: 29 low | high Med: 126 | |