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Waterfront Quadplex with Gulf Access
For Sale
$599,900

14938 Wise Way, Fort Myers, FL 33905

ResidentialIncome, Fort Myers, FL

Property SizeContact for details
Lot Size0.32 Acres
Days on Market190

Property Features for 14938 Wise Way

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description RM-2
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 7, Bathroom 2, Bedroom 2, Bedroom 8, Bedroom 6, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 4
Patio and Porch features Patio
Pets allowed Yes
Exterior features Patio
Subdivision FORT MYERS
Lot features Irregular Lot
Standard status Active
APN 21-43-26-07-0000B.0040
Lot size 0.32 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description W 147FT OF LT B LANDINGS EAST PARADISE SHORES PB 25 PG 80
Tax Annual Amount 3336
Legal Description W 147FT OF LT B LANDINGS EAST PARADISE SHORES PB 25 PG 80

Utilities

Sewer type Septic Tank
Heating system Central, Electric (Heating)
Cooling system Electric, Central Air
Water source Public
Water front features Canal Access, Seawall
Water front 1

Amenities

private screened porch

Building Details

Year built 1971
Floors in Building 2
Number of units 4
Flooring type Tile
Building materials Stucco, WoodFrame
Roof type Metal
Architectural style Other
Listing Agency: The Simonelli Real Estate Grp
Listed By: Stetson Miller · License #258028865
Added: Mar 5 Changed: Sep 5 Last Checked: Sep 11 at 3:06AM
MLS# 2026011138

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This quadplex at 14938 Wise Way comprises four residential units, each with a private screened porch. Recent cosmetic improvements have been completed, and the property includes tile flooring, central air conditioning, electric heating, stucco and wood-frame construction, and a metal roof. The building was constructed in 1971 and occupies 0.316 acres.

The property fronts a canal with gulf access, a seawall, and water views. Public water and a septic tank serve the site. Its waterfront setting and individual outdoor spaces are central physical features of the property, while the four-unit configuration supports continued multifamily use.

Key Highlights

  • Four‑unit quadplex on 0.316 acres
  • Gulf‑access canal with seawall and water views
  • Private screened porch provided for each unit

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Electrical Service Nail Salon Auto Parts Store Building Supply Big Box & Wholesale Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

49
Businesses Nearby

Demographics for 33905, FL

37,692
Population
17,337
Households
2.2
Avg Household Size
41
Median Age
22%
College-Educated
79%
High-School Grad
40.2 sq mi
ZIP Area
938
Density / Sq Mi
$70,009
Median Household Income
$36,923
Median Earnings
$1,509
Median Rent
$260,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residences offer screened porches, canal access, and recent cosmetic improvements.
Where is this quadplex located?
The property is located at 14938 Wise Way Fort Myers, FL.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Four‑unit quadplex on 0.316 acres; Gulf‑access canal with seawall and water views; Private screened porch provided for each unit
More about this property
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