ActiveMLS# 620fe4f31a13bce41d5c4dad6aa5e4af63 days on market
$298,900
$247 / sq ft
4562 Tennyson DR
NORTH FORT MYERS, FL, 33903
3Bedrooms
2Bathrooms
1,210Sq Ft
1969Year Built
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About This Property

EXCEPTIONAL INVESTMENT OPPORTUNITY! This income-producing property currently generates $2,650 in gross monthly rental income ($31,800 annually), featuring a remodeled 2-bedroom, 1-bath main home rented for $1,650/month and a separate 1-bedroom, 1-bath studio rented for $1,000/month. Major improvements include a NEW ROOF, remodeled kitchen and bathrooms, stainless steel appliances, newer A/C and water heater, tile flooring, and screened patio. THE REAL VALUE: CITY-APPROVED PLANS FOR A 2-BEDROOM, 1-BATH ADU WITH SEPARATE WATER AND ELECTRIC METERS! Once completed, the property could generate an estimated $4,300/month or $51,600 in gross annual rental income from THREE separate rental spaces. That's approximately 62% more gross rental income than currently generated! The property is offered with the ADU still unbuilt, allowing the next owner to capitalize on the approved plans and unlock significant additional income potential. Immediate cash flow, substantial upside, and the opportunity to own a three-income-stream investment. A DEAL WORTH A CLOSER LOOK!

Key Features

  • 0.219 Acres Lot
  • Built in 1969

Property Details

  • Type: Single Family Home
  • Year Built: 1969
  • Lot Size: 0.219 sq ft
  • Sq Ft: 1,210
  • Price / Sq Ft: $247
  • HOA: Contact Agent
  • Bedrooms: 3
  • Bathrooms: 2
  • Feature: 0.219 Acres Lot
  • Feature: Built in 1969
  • Status: Active
  • MLS Number: 620fe4f31a13bce41d5c4dad6aa5e4af
  • Days on Market: 63
  • Listed By: South Florida Trust Realty, In · Sergio Fernandez
  • Zip Code: 33903
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$298,9004562 Tennyson DR, NORTH FORT MYERS, FL
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