New ListingRare 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 |
| Style | Fourplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1980 |
| Days On Site | 5 |
| Listing Provided By | KEYRENTER FORT MYERS | Francis Bourassa |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,408 |
| Units | 4 |
| Zoning | RM-2 |
| Acreage | 0.33 |
| Water Front | Yes |
| Rooms Total | 0 |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Electric |
| Heating Yes / No | Yes |
| Heating | Central Electric |
| Fireplace Yes / No | No |
| Roof | Shingle |
|---|---|
| Construction Materials | Concrete Block, Stucco |
| Foundation Details | Concrete Block |
| Lot Features | Irregular Lot, Oversize |
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
| Tax Annual Amount | 5990.38 |
|---|---|
| Tax Legal Description | WHISPERING PINES PH 1 PB 32 PG 116 LOT 1 |
| Tax Year | 5990 |
| State | FL |
|---|---|
| County | Lee |
| City | FORT MYERS |
| Zip Code | 33908 |
| Area | WHISPERING PINES |
| Community Name | WHISPERING PINES |
| Listing VS Median (in WHISPERING PINES) | |
Price: $675,000 low | high Med: $339,750 sqft: 3,408 low | high Med: 2,695 $ / sqft: $198 low | high Med: $100 On site: 5 low | high Med: 53.5 | |
| State | FL |
|---|---|
| County | Lee |
| City | FORT MYERS |
| Zip Code | 33908 |
| Area | WHISPERING PINES |
| Community Name | WHISPERING PINES |
| Listing VS Median (in WHISPERING PINES) | |
Price: $675,000 low | high Med: $339,750 sqft: 3,408 low | high Med: 2,695 $ / sqft: $198 low | high Med: $100 On site: 5 low | high Med: 53.5 | |