For sale

Price cut: $30K (7/24)

$545,000

5431 Oak Ridge AVE, FORT MYERS BEACH, FL 33931

2beds

810sqft

$3,475/mo

Get pre-qualified

Single Family Residence

Built in 1980

2,831 Square Feet Lot

$-- Zestimate^®

$673/sqft

$-- HOA

What's special

Distinctive corner lotTwo separate units

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.

16 days

404

16

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Rooms

Room types: Screened Lanai/Porch, 2 Bed

Dining room

Features: Other

Heating

Wall Unit

Cooling

Wall Unit(s)

Appliances

Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Washer
Laundry: Inside

Features

Other, Laundry in Residence, Screened Lanai/Porch
Flooring: Vinyl
Has fireplace: No

Interior area

Total structure area: 1,215
Total interior livable area: 810 sqft

Property

Features

Levels: Two
Stories: 2
Patio & porch: Screened Lanai/Porch
Has view: Yes
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: SingleFamily
Property subtype: Single Family Residence

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

Has HOA: No
Amenities included: Beach Access

Location

Region: Fort Myers Beach

Financial & listing details

Price per square foot: $673/sqft
Tax assessed value: $397,996
Annual tax amount: $5,493
Date on market: 8/3/2026
Lease term: Buyer Finance/Cash
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/24/2026	Price change	$545,000-5.2%$673/sqft
Source: SWFLMLS #225078732 Report a problem
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