4562 Tennyson Dr,NORTH FORT MYERS, FL 33903
NORTH FORT MYERS, FL 33903
Description
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!
Details
| MLS # | 2026037877 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1969 |
| Days On Site | 43 |
| Listing Provided By | South Florida Trust Realty, In | Sergio Fernandez |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,210 |
| Car Port | Yes |
| Story(s) | 1 |
| Units | 1 |
| Zoning | RS-1 |
| Acreage | 0.22 |
| Water Front | Yes |
| Property View | Yes |
Interior
| Rooms Total | 0 |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Electric |
| Heating Yes / No | Yes |
| Heating | Central Electric |
| Interior Features | Other |
| Furnished | Unfurnished |
| Appliances | Dishwasher, Microwave, Other, Range, Refrigerator, Refrigerator/Freezer |
| Fireplace Yes / No | No |
| Laundry Features | Washer/Dryer Hookup |
| Room Dining Room Features | Other |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Concrete Block, Stucco |
| Foundation Details | Concrete Block |
| Lot Features | Regular |
Parking
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
| Parking Features | Attached Carport |
Taxes
| Tax Annual Amount | 2589.25 |
|---|---|
| Tax Block | 1 |
| Tax Legal Description | WATERWAY ESTATES BLK 1 UNIT 1 PB 21 PG 3 LOT 71 |
| Tax Year | 2025 |
Area Information
| State | FL |
|---|---|
| County | Lee |
| City | NORTH FORT MYERS |
| Zip Code | 33903 |
| Area | NORTH FORT MYERS |
| Community Name | NORTH FORT MYERS |
| Listing VS Median (in NORTH FORT MYERS) | |
Price: $298,900 low | high Med: $285,000 sqft: 1,210 low | high Med: 1,387 $ / sqft: $247 low | high Med: $205 On site: 43 low | high Med: 60 | |
Market Activity 33903
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Learn More About This Property
| State | FL |
|---|---|
| County | Lee |
| City | NORTH FORT MYERS |
| Zip Code | 33903 |
| Area | NORTH FORT MYERS |
| Community Name | NORTH FORT MYERS |
| Listing VS Median (in NORTH FORT MYERS) | |
Price: $298,900 low | high Med: $285,000 sqft: 1,210 low | high Med: 1,387 $ / sqft: $247 low | high Med: $205 On site: 43 low | high Med: 60 | |
