5632 Tenth Ave Fort Myers, FL 33907
Pine Manor NeighborhoodEstimated payment $2,803/month
Total Views
3,193
4
Beds
4
Baths
2,220
Sq Ft
$202
Price per Sq Ft
Highlights
- Fruit Trees
- Contemporary Architecture
- Tile Flooring
- Fort Myers High School Rated A
- Patio
- Central Heating and Cooling System
About This Home
ATTENTION INVESTORS!!! Income-Producing Duplex for Sale – Central Location, Fully Rented!
Excellent opportunity to own a fully rented duplex in a highly sought-after, central location in Fort Myers! This two-story property features two units, each offering 2 bedrooms and 2 bathrooms, ideal for long-term tenants or short-term rental potential.
This income-producing property generates approximately $44,000 per year, making it a smart addition to any real estate portfolio.
The home is equipped with two brand-new A/C units (2025), durable metal roofing, tile flooring throughout, and a paved driveway for easy maintenance.
Outside, the spacious yard with mature fruit trees adds charm and extra value. The property is NOT IN A FLOOD ZONE, providing peace of mind and lower insurance premiums.
Located just minutes from shopping centers, restaurants, and major roadways—including quick access to Cape Coral—this property is perfectly positioned for both convenience and continued tenant demand.
Don’t miss out on this investment in a high-demand area!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,135
Year Built
- Built in 1986
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 112 x 51 x 112 x 51
- Rectangular Lot
- Fruit Trees
Home Design
- Duplex
- Contemporary Architecture
- Metal Roof
- Stucco
Interior Spaces
- 2,220 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Double Hung Windows
- Tile Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Outdoor Features
- Patio
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 71 / 26
- Assessor Parcel Number 11-45-24-06-00026.0710
Community Details
Pet Policy
- Pets Allowed
Additional Features
- Pine Manor Subdivision
- Net Operating Income $43,200
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,135 | $251,100 | -- | -- |
| 2023 | $3,835 | $228,273 | $17,738 | $209,635 |
| 2022 | $2,745 | $123,570 | $0 | $0 |
| 2021 | $2,367 | $150,155 | $9,082 | $141,073 |
| 2020 | $2,186 | $127,580 | $8,400 | $119,180 |
| 2019 | $1,997 | $110,623 | $5,200 | $105,423 |
| 2018 | $1,957 | $112,245 | $5,200 | $107,045 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2025 04/16/25 | For Sale | $449,000 | -- | $202 / Sq Ft |
Source: Florida Gulf Coast Multiple Listing Service
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $375,000 | Superior Title | |
| Warranty Deed | $61,500 | Sunbelt Title Agency | |
| Warranty Deed | $44,000 | Morgan & Associates Title Co | |
| Trustee Deed | $15,200 | None Available | |
| Warranty Deed | $118,000 | Gulfstream Title Llc | |
| Warranty Deed | -- | Gulfstream Title Llc | |
| Warranty Deed | $85,000 | Transcontinental Title Compa | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $68,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | New Conventional | |
| Previous Owner | $84,000 | Commercial | |
| Previous Owner | $82,600 | Commercial |
Source: Public Records
Similar Homes in Fort Myers, FL
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 225039075
APN: 11-45-24-06-00026.0710
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