Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
3 Beds
2 Baths
1,210 sqft

$298,900

4562 Tennyson DR, NORTH FORT MYERS FL, 33903

Price per sqft$247.02
Built in1969
Property size1,210 sqft
Property typeResidential
Courtesy of Sergio Fernandez, South Florida Trust Realty, In, (305) 302-2506

Overview

Active

Listed Sep 9, 2026

Updated 3 days ago

EXCEPTIONAL INVESTMENT OPPORTUNITY! This income-producing property currently generates $2,650 in gross monthly rental income ($31,800 annually), featuring a remodeled 2-bedroom, 1-bath main home rented for $1,650/month and a separate 1-bedroom, 1-bath studio rented for $1,000/month. Major improvements include a NEW ROOF, remodeled kitchen and bathrooms, stainless steel appliances, newer A/C and water heater, tile flooring, and screened patio. THE REAL VALUE: CITY-APPROVED PLANS FOR A 2-BEDROOM, 1-BATH ADU WITH SEPARATE WATER AND ELECTRIC METERS! Once completed, the property could generate an estimated $4,300/month or $51,600 in gross annual rental income from THREE separate rental spaces. That's approximately 62% more gross rental income than currently generated! The property is offered with the ADU still unbuilt, allowing the next owner to capitalize on the approved plans and unlock significant additional income potential. Immediate cash flow, substantial upside, and the opportunity to own a three-income-stream investment. A DEAL WORTH A CLOSER LOOK!

$1,989/mo

Est. mortgage payment based on a $298,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2026037877

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.22 Acres

Other Property Details

Taxes
$2,589
Tax Frequency
Annually
Association Fee Frequency
Yearly
View
Yes
Pets Allowed
Yes
55+/Senior Community
No
MLS provider logo

The IDX display contains information sourced from the Naples Area Board of REALTORS® as of 11/5/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Naples Area Board of REALTORS® All rights reserved.

Data last updated 3:50 AM UTC, 11/5/2026

Powered by Luxury Presence