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Active
    • Price cut: $25.1K (7/16)
    $599,900

    14938 Wise Way, Fort Myers, FL 33905

    8beds
    3,008sqft
    : 
    $3,908/mo
    Get pre-qualified
    Quadruplex, Multi Family
    Built in 1971
    -- sqft lot
    $572,100 Zestimate®
    $199/sqft
    $-- HOA

    What's special

    Gulf accessDirect boating accessRecent cosmetic improvementsPeaceful water views
    Discover an exceptional waterfront investment opportunity at 14938 Wise Way in Fort Myers. This income-producing quadplex offers the perfect blend of strong rental potential and the sought-after Southwest Florida waterfront lifestyle. Situated on a gulf-access canal, residents can enjoy direct boating access and peaceful water views right from the property. Each of the four units features its own private screened porch, providing a comfortable outdoor space where tenants can relax and take in the waterfront setting. The units have also undergone recent cosmetic improvements, enhancing their appeal while helping attract and retain quality tenants. Whether you are looking to expand your investment portfolio by securing a multi-unit property in a desirable waterfront location, or looking for the ideal owner-occupant house hack, this quadplex presents a fantastic opportunity. With steady income potential, gulf access, and desirable outdoor living spaces for every unit, this property embodies the best of Florida waterfront living combined with reliable rental performance.
    183 days
    419
    37

    Zillow last checked:

    Listing updated:

    Listed by:

    Stetson Miller 850-259-2910,

    The Simonelli Real Estate Grp

    Source: Florida Gulf Coast MLS,MLS#: 2026011138MLS LogoOriginating MLS: Florida Gulf Coast

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Features
      • Flooring: Tile
      • Windows: Single Hung
      Interior area
      • Total structure area: 3,008
      • Total interior livable area: 3,008 sqft
      Video & virtual tour

      Property

      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Patio
      • Exterior features: Patio
      • On waterfront: Yes
      • Waterfront features: Canal Access, Seawall
      Lot
      • Size: 0.32 Acres
      • Dimensions: 148 x 99 x 148 x 101
      • Features: Irregular Lot
      Details
      • Parcel number: 214326070000B.0040
      • Lease amount: $0
      • Zoning description: RM-2

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Two Story
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Stucco, Wood Frame
      • Roof: Metal
      Condition
      • Resale
      • Year built: 1971

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Features: Boat Facilities, Non-Gated
      • Condo and coop fee: $0
      • Membership fee: $0
      • Subdivision: FORT MYERS
      HOA
      • Amenities included: None
      Location
      • Region: Fort Myers

      Financial & listing details

      • Price per square foot: $199/sqft
      • Tax assessed value: $140,061
      • Annual tax amount: $3,336
      • Date on market: 3/5/2026
      • Cumulative days on market: 184 days
      • Listing terms: All Financing Considered,Cash,FHA,VA Loan
      • Tenant pays: Electricity

        Estimated market value

        $572,100

        $543,000 - $601,000

        $1,583/mo

        Price history

        DateEventPrice
        7/16/2026Price change$599,900-4%$199/sqft
        Source: Florida Gulf Coast MLS #2026011138 Report a problem
        6/22/2026Price change$624,990-3.8%$208/sqft
        Source: Florida Gulf Coast MLS #2026011138 Report a problem
        5/6/2026Price change$649,990-3.7%$216/sqft
        Source: Florida Gulf Coast MLS #2026011138 Report a problem
        4/8/2026Price change$674,990-3.6%$224/sqft
        Source: Florida Gulf Coast MLS #2026011138 Report a problem
        3/5/2026Listed for sale$699,990+21.7%$233/sqft
        Source: Florida Gulf Coast MLS #2026011138 Report a problem
        8/17/2023Listing removed--
        Source: Zillow Rentals Report a problem
        7/1/2023Listed for rent$1,499
        Source: Zillow Rentals Report a problem
        10/15/2021Sold$575,000$191/sqft
        Source: Florida Gulf Coast MLS #221018748 Report a problem
        8/27/2021Pending sale$575,000+129.1%$191/sqft
        Source: Florida Gulf Coast MLS #221018748 Report a problem
        4/6/2016Sold$251,000-6.7%$83/sqft
        Source: Florida Gulf Coast MLS #216008491 Report a problem
        4/5/2016Pending sale$269,000$89/sqft
        Source: West Coast Realty Inc #216008491 Report a problem
        2/9/2016Listed for sale$269,000$89/sqft
        Source: West Coast Realty Inc #216008491 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,336 +3.6%$140,061 -2.2%
        2024$3,221 +2.9%$143,275 +2.3%
        2023$3,132 -65.1%$140,061 -75.7%
        2022$8,961 +63.7%$577,007 +104.1%
        2021$5,474 +9.4%$282,696 +10%
        2020$5,005 +9%$256,996 -12.8%
        2019$4,593 $294,744 +2.5%
        2018$4,593 +8.5%$287,492 +48.9%
        2017$4,231 +20.5%$193,085 +42.6%
        2016$3,512 +32%$135,419 -3.5%
        2015$2,660 -10.2%$140,338
        2014$2,961 $140,338
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Fort Myers Shores

        Getting around

        7 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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