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46-Unit Multifamily Portfolio
For Sale
$7,200,000

5450-5460 5th Avenue, Fort Myers, FL 33901

CommercialSale, Fort Myers, FL

Property SizeContact for details
Lot Size0.29 Acres
Days on Market93

Property Features for 5450-5460 5th Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description TFC-2
Subdivision FM03 - Fort Myers Area
Standard status Active
APN 11-45-24-03-00014.0120
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description UNITY HEIGHTS BLK 1 PB 5 PG 8 PT LTS 2 + 3 AS DESC OR 3831 PG 3393
Tax Annual Amount 5826
Legal Description UNITY HEIGHTS BLK 1 PB 5 PG 8 PT LTS 2 + 3 AS DESC OR 3831 PG 3393

Building Details

Year built 1969
Floors in Building 1
Listing Agency: Compass Florida, LLC
Listed By: Astar Sakuri · License #198036955
Added: Jun 2 Changed: Aug 27 Last Checked: Sep 2 at 10:06PM
MLS# 2026024568

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 Fort Myers multifamily portfolio contains 46 units distributed across multiple residential properties. The holdings include one six-unit building, four four-unit buildings, two three-unit buildings, five duplexes, seven single-family homes, and one condominium unit.

The portfolio includes properties in Fort Myers and North Fort Myers, with addresses identified on Broadway, Guava Street, Veronica S. Shoemaker Boulevard, Clermont Street, Cypress Drive, Fifth Avenue, Elan Court, Poe Avenue, Byron Avenue, Meador Court, Seminole Avenue, Karlov Street, Clifford Street, Glenwood Avenue, Carolina Avenue, Cypress Street, Oak Drive, and Tenth Avenue.

Key Highlights

  • 46 total units across a multi‑property residential portfolio
  • One 6‑unit building and four 4‑unit buildings
  • Two 3‑unit buildings and five duplexes

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service Veterinary Clinic Grocery & Convenience Store Tanning Salon

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

46
Residential units

Location Intelligence

Trade Area within ½ mile

1,244
Businesses Nearby

Demographics for 33901, FL

22,629
Population
11,709
Households
1.9
Avg Household Size
43
Median Age
29%
College-Educated
83%
High-School Grad
6.2 sq mi
ZIP Area
3,650
Density / Sq Mi
$51,579
Median Household Income
$37,233
Median Earnings
$1,291
Median Rent
$280,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Multifamily property - Fort Myers portfolio comprising multifamily buildings, duplexes, single-family homes, and one condominium unit.
Where is this multifamily property located?
The property is located at 5450-5460 5th Avenue Fort Myers, FL.
What is the asking price?
The asking price for this property is $7,200,000.
What are key features of this property?
This property features: 46 total units across a multi‑property residential portfolio; One 6‑unit building and four 4‑unit buildings; Two 3‑unit buildings and five duplexes
More about this property
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