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

5450 54505460 5th Ave, Fort Myers, FL 33901

Income property portfolio spanning apartment buildings, duplexes, single-family homes, and a condominium across Fort Myers-area locations.

Property SizeContact for details
Days on Market45

Property Features for 5450 54505460 5th Ave

General Information

Standard status Active

Additional Details

Multifamily Units 46

Building Details

Year Built 1969
Buildings 20
Listing Agency: Compass Florida, LLC
Listed By: Astar Sakuri · License #198036955
Source: Swfloridarealestate
Added: Jul 17 Changed: Aug 30 Last Checked: Aug 25 at 5:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Florida, LLC

Investment Insights

Based on property information with market context.

This multifamily portfolio comprises 46 units distributed across several residential property formats. The holdings include apartment buildings with six, four, and three units, five duplexes, seven single-family homes, and one condominium. The mix provides a range of building sizes and residential configurations within one sale offering.

Properties are located in Fort Myers and North Fort Myers, with addresses represented across multiple ZIP codes. The portfolio includes assets 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 multifamily portfolio
  • 1‑6 Unit Building, 4‑4 Unit Buildings, and 2‑3 Unit Buildings
  • Five duplexes included in the portfolio

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

1,346
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Income property portfolio spanning apartment buildings, duplexes, single-family homes, and a condominium across Fort Myers-area locations.
Where is this multifamily property located?
The property is located at 5450 54505460 5th Ave 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 multifamily portfolio; 1‑6 Unit Building, 4‑4 Unit Buildings, and 2‑3 Unit Buildings; Five duplexes included in the portfolio
More about this property
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