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    4844-4846 E Riverside Dr, Unit 111 Fort Myers, FL 33905

    Sponsored
    For Sale
    $495,000

    LAND - FORT MYERS, FL

    Lot size:
    0.56 Acres
    Days on Market:
    137
    Last Refresh:
    Jan 10 at 11:06 am

    Property Features for 4844-4846 E Riverside Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RS-1
    APN
    33-43-25-03-00004.1110
    Lot size
    0.56 Acres

    Utilities

    Utilities
    Water Available
    Water front
    1

    Realty World J. PAVICH R.E. (239) 495-9968 [email protected]

    Listing agent Joe R Pavich (239) 910-0304

    Listing date Aug 27, 2025

    Copyright © 2026 Bonita Springs-Estero REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Land on Caloosahatchee River

    This property offers an incredible opportunity, consisting of three lots being sold together as one unit, including one lot on Labelle Ave, with a combined area of 0.56 acres. Zoned for Residential, the property currently features three existing wood frame homes damaged by Hurricane Ian, and is being sold for land value only. The possibilities are endless, whether to rebuild or reimagine the space for a new residential or multi-family project. The waterfront lot boasts an enviable location on the picturesque Caloosahatchee River with Gulf access. Located in Russell Park, an established riverfront neighborhood known for its tranquil atmosphere and scenic beauty, the property offers a serene setting along the riverbank and the convenience of being close to major amenities. Its prime location offers easy access to I-75 and downtown Fort Myers, making it ideal for those seeking a harmonious balance between city life and waterfront living. This property offers a blank canvas to bring your vision to life, whether you're an investor, developer, or someone dreaming of creating your waterfront sanctuary.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Myers
    County
    Lee
    State
    Florida
    Longitude
    -81.811095
    Latitude
    26.685629

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    FAQs

    What type of property is this?
    Land - Residential land with Gulf access on the Caloosahatchee River.
    Where is this land located?
    The property is located at 4844-4846 E Riverside Dr, Unit 111 Fort Myers, FL.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - Waterfront lot on the Caloosahatchee River with Gulf access.; - Large 0.56-acre combined area across three lots, offering significant development potential.; - Zoned Residential, allowing for rebuilding or new residential/multi-family construction.
    (239) 910-0304
    Request Owner's contact information
    4844-4846 E Riverside Dr, Unit 111 Fort Myers, FL 33905
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4844-4846 E Riverside Dr, Unit 111 Fort Myers, FL 33905
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