Calling all investors! This one-of-a-kind property delivers character, convenience, and outstanding income potential, perched on a distinctive corner lot just a short stroll from the sun-drenched shores of Fort Myers Beach. Located in the highly desirable WEEKLY rental zone, this versatile residence features two separate units—a 2-bedroom, 1-bath layout and a 1-bedroom, 1-bath layout—making it ideal for maximizing returns in one of the most sought-after areas on the island. With its unique footprint, proven rental history, and unbeatable proximity to dining, shopping, nightlife, and the beach, this property is an exceptional, income-producing opportunity. Whether you're expanding your investment portfolio or seeking a coastal retreat with built-in earning power, this Fort Myers Beach gem checks every box for location, versatility, and high-demand rental appeal.
For sale
Price cut: $54K (4/17)
$575,000
5431 Oak Ridge AVE, FORT MYERS BEACH, FL 33931
2beds
810sqft
Duplex
Built in 1980
-- sqft lot
$-- Zestimate®
$710/sqft
$-- HOA
What's special
Distinctive corner lotTwo separate units
- 226 days |
- 166 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
J Alex King 239-849-3663,
Premiere Plus Realty Company,
Cheryl Walker 239-202-1536,
Premiere Plus Realty Company
Source: SWFLMLS,MLS#: 225078732
Originating MLS: Bonita Springs
Originating MLS: Bonita SpringsLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Wall Unit
Cooling
- Wall Unit(s)
Features
- Flooring: Vinyl
- Has fireplace: No
Interior area
- Total interior livable area: 810 sqft
Property
Features
- Levels: Multi/Split
- Waterfront features: None
Lot
- Size: 2,831 Square Feet
- Features: Corner Lot, Irregular Lot
Details
- Parcel number: 334624W10020B.3000
- Zoning: TFC2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Frame, Aluminum Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1980
Utilities & green energy
- Water: Central
Community & HOA
Community
- Features: Non-Gated
- Subdivision: GULF HEIGHTS
HOA
- Amenities included: None
Location
- Region: Fort Myers Beach
Financial & listing details
- Price per square foot: $710/sqft
- Tax assessed value: $397,996
- Annual tax amount: $5,493
- Date on market: 11/19/2025
- Lease term: Buyer Finance/Cash
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Price change | $575,000-8.6%$710/sqft |
Source:  SWFLMLS #225078732 Report a problem | ||
| 1/20/2026 | Price change | $629,000-4.6%$777/sqft |
Source: SWFLMLS #225078732 Report a problem | ||
| 11/19/2025 | Listed for sale | $659,000$814/sqft |
Source: SWFLMLS #225078732 Report a problem | ||
| 11/18/2017 | Listing removed | $1,400$2/sqft |
Source: Go McGuire Inc.@ Premiere Plus Realty Co. Report a problem | ||
| 10/24/2017 | Listed for rent | $1,400$2/sqft |
Source: Go McGuire Inc.@ Premiere Plus Realty Co. Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,493 +73.9% | $371,933 +75.5% |
| 2024 | $3,160 -9.4% | $211,871 -8.1% |
| 2023 | $3,487 -27.2% | $230,664 -17.5% |
| 2022 | $4,791 +20.6% | $279,439 +10% |
| 2021 | $3,972 +9.2% | $254,035 +10% |
| 2020 | $3,637 +1.6% | $230,941 +2.1% |
| 2019 | $3,578 | $226,098 +1.4% |
| 2018 | $3,578 +2.6% | $222,869 -1.1% |
| 2017 | $3,488 +1.5% | $225,295 +3.8% |
| 2016 | $3,437 +5.1% | $217,062 +18.9% |
| 2015 | $3,272 +11.3% | $182,496 +17.1% |
| 2014 | $2,940 +11.8% | $155,797 -2.4% |
| 2013 | $2,629 +8.9% | $159,597 +15% |
| 2012 | $2,414 -4.7% | $138,728 -2.5% |
| 2011 | $2,532 -4% | $142,357 -0.5% |
| 2010 | $2,639 -5.3% | $143,104 -10.5% |
| 2009 | $2,786 -44.1% | $159,830 -50% |
| 2007 | $4,987 -6.3% | $319,720 +0.5% |
| 2006 | $5,323 +46.7% | $318,230 +67% |
| 2004 | $3,629 +9% | $190,610 +13.5% |
| 2003 | $3,331 +16.9% | $167,870 +20% |
| 2002 | $2,850 | $139,840 +61.7% |
| 2000 | -- | $86,480 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 33931
Nearby schools
GreatSchools rating
- 7/10Fort Myers Beach Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 4/10Lexington Middle SchoolGrades: 6-8Distance: 4.5 mi
- 4/10Estero High SchoolGrades: 9-12Distance: 7.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Lee County
- Fort Myers Beach
- 33931
- 5431 Oak Ridge AVE
Nearby cities
Nearby zip codes
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