46-Unit SFR/MFR Portfolio 5450-5460 5th Ave 46 Unit Apartment Building $7,200,000 ($156,522/Unit) Fort Myers, FL 33907

Nowhere else are there opportunities to acquire 46 residential units in a single transaction in one of Southwest Florida's most active rental markets. The portfolio includes a mix of apartment buildings, duplexes, single-family homes, and a condominium, providing buyers with both income diversification and operational flexibility. With an established net operating income of approximately $512,244, the offering delivers immediate cash flow while creating multiple avenues for future value creation.

Significant upside potential exists through strategic property upgrades, lease optimization, and full occupancy initiatives. Investors have the opportunity to enhance returns by modernizing units, aligning rents with prevailing market rates, and capturing additional income through improved management and leasing strategies. The varied asset mix allows buyers to implement value-add plans across multiple property types, creating a scalable investment platform within a single acquisition.

Fort Myers continues to experience exceptional growth, with the population increasing by approximately 16% since 2020. Serving as a major hub for Southwest Florida's five-county region of more than 790,000 residents, the city benefits from a diverse economic base supported by tourism, healthcare, advanced manufacturing, and technology industries. Lee County's median household income exceeds $76,000, while ongoing development and placemaking initiatives continue to drive economic expansion and long-term housing demand.

Residential demand remains supported by favorable demographic trends. Renters account for approximately 50.9% of occupied housing units, slightly exceeding the homeowner population and creating a deep, stable tenant base. With a median resident age of roughly 40.8 years, the market benefits from a balanced mix of working professionals, families, and retirees seeking housing throughout the region. Fort Myers' appeal is further enhanced by its waterfront setting along the Caloosahatchee River, vibrant Downtown River District, and proximity to renowned destinations such as Sanibel and Captiva Islands.

Supported by in-place income, identifiable value-add opportunities, and favorable market fundamentals, the portfolio offers investors a compelling path to both immediate cash flow and long-term appreciation.

Reach out to Compass Realty today to obtain specific financial information and learn more about this compelling Fort Myers investment opportunity.

1. 3213–3219 Broadway, Fort Myers, FL 33901 / 4-Unit
2. 3022 Guava St, Fort Myers, FL 33916 /Single Family
3.1402 Veronica S Shoemaker Blvd, Fort Myers, FL 33916 / Single Family
4. 3652 Clermont St, Fort Myers, FL 33916 /Single Family
5. 1702–1708 Cypress Dr, Fort Myers, FL 33907 / 4-Unit
6. 5450–5460 5th Ave, Fort Myers, FL 33907 / 6-Unit
7. 1769 Elan Ct, Fort Myers, FL 33916 / Single Family
8. 278 Poe Ave, North Fort Myers, FL 33917 /Single Family
9. 241 Byron Ave, North Fort Myers, FL 33917 / Single Family
10. 1785 N. Meador Ct, Fort Myers, FL 33916 / Single Family
11. 3656–3660 Seminole Ave, Fort Myers, FL 33916 /3-Unit
12. 710–714 Karlov St, Fort Myers, FL 33916 /3-Unit
13. 1900 Clifford St Apt 603, Fort Myers, FL 33901 /Condo
14. 4749–4757 Glenwood Ave, Fort Myers, FL 33905 /4-Unit
15. 5551–5553 5th Ave, Fort Myers, FL 33916 /2-Unit
16. 462–464 Carolina Ave, Fort Myers, FL 33905 /4-Unit
17. 75–77 Cypress St, North Fort Myers, FL 33907 /2-Unit
18. 1604–1608 Oak Drive, Fort Myers, FL 33907 /2-Unit
19. 5537–5539 10th Ave, Fort Myers, FL 33907 /2-Unit
20. 5447–5449 10th Ave, Fort Myers, FL 33907 / 2-Unit