For Sale House MLS# 2026037877

4562 Tennyson DR

NORTH FORT MYERS, FL 33903

$319,000

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About 4562 Tennyson DR

GREAT OPPORTUNITY for investors, first-time buyers, or anyone looking for a beautifully remodeled home with immediate rental income and significant future upside! This spacious 3-bedroom, 2-bath property consists of a 2-bedroom, 1-bath main home plus a separate 1-bedroom, 1-bath studio with its own private entrance. The studio is currently rented for $1,000/month to excellent tenants who are reliable and consistently pay on time. The main 2/1 was previously rented for $1,750/month, easy to show.

The property has been extensively updated with a NEW ROOF, completely remodeled kitchen and bathrooms, stainless steel appliances, A/C less than 3 years old, nearly new water heater, 24x36 tile flooring throughout, custom-made wood closets, LED lighting, and a large screened-in patio.

One of the property's biggest advantages is the ADU potential. Plans and a permit application have recently been submitted to the City for approval for a fully legal ADU with separate electric and water meters. Once completed, the ADU could significantly increase the property's rental potential and turn this into an even stronger investment opportunity with multiple income-producing spaces.

The property is being offered at the current list price before ADU construction begins. Once construction starts, the value and asking price will naturally increase.

This property offers incredible flexibility: purchase it as an investment and benefit from the existing rental income, or live comfortably in the main 2/1 while keeping the studio rented for $1,000/month to help offset your monthly expenses. With the major renovations already completed, a separate income-producing studio, and the ADU process already underway, this is a tremendous opportunity with immediate income and substantial future investment potential. A fantastic first property or investment—don't miss it!

Property details

Property

Type
Single Family Residence
MLS type
Single Family Home
Status
Active
Year built
1969
Stories
1
Living area
1,210 sqft
Price / sqft
$264
Lot
0.219
Full baths
2
Furnished
Unfurnished
Original price
$319,000
MLS #
2026037877

Interior

Features
true, Central Electric, Other, Washer/Dryer Hookup, Tile, Dishwasher, Microwave, Other, Range, Refrigerator/Freezer, Refrigerator
Appliances
Dishwasher, Microwave, Other, Range, Refrigerator/Freezer, Refrigerator
Flooring
Tile
Heating
true, Central Electric
Cooling
true, Central Electric
Laundry
Washer/Dryer Hookup

Exterior & lot

Features
Ranch, Single Family, Attached Carport, Parking spaces: 1
Construction
Concrete Block, Stucco, 1, Concrete Block, Shingle
Roof
Shingle
Foundation
Concrete Block
Lot
City, View, RS-1, WATERWAY ESTATES BLK 1 UNIT 1 PB 21 PG 3 LOT 71, 16-44-24-06-00000.0710, None/Other
View
City
Parking
Attached Carport

Schools

District
Lee County School District

Utilities

Utilities
Assessment Paid, Central
Water
Assessment Paid, Central

Financial

Financial
Florida Gulf Coast
Annual tax
$2,589
Tax year
2025
Parcel
16-44-24-06-00000.0710
Legal
WATERWAY ESTATES BLK 1 UNIT 1 PB 21 PG 3 LOT 71

Location

Subdivision
NORTH FORT MYERS
Area
NORTH FORT MYERS
County
Lee
Neighborhood
Waterway Estates
Community
Lee, 0.0, Florida Gulf Coast

Location

Neighborhood
Waterway Estates
Subdivision
NORTH FORT MYERS
School district
Lee County School District

Ask about this property

Questions on 4562 Tennyson DR, NORTH FORT MYERS, FL 33903, or want to see it in person?

Listed by Sergio Fernandez, South Florida Trust Realty, In

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.