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GREAT OPPORTUNITY for investors, first-time buyers, or anyone looking for a beautifully remodeled home with immediate rental income and significant future upside! This spacious 3-bedroom, 2-bath property consists of a 2-bedroom, 1-bath main home plus a separate 1-bedroom, 1-bath studio with its own private entrance. The studio is currently rented for $1,000/month to excellent tenants who are reliable and consistently pay on time. The main 2/1 was previously rented for $1,750/month, easy to show.
The property has been extensively updated with a NEW ROOF, completely remodeled kitchen and bathrooms, stainless steel appliances, A/C less than 3 years old, nearly new water heater, 24x36 tile flooring throughout, custom-made wood closets, LED lighting, and a large screened-in patio.
One of the property's biggest advantages is the ADU potential. Plans and a permit application have recently been submitted to the City for approval for a fully legal ADU with separate electric and water meters. Once completed, the ADU could significantly increase the property's rental potential and turn this into an even stronger investment opportunity with multiple income-producing spaces.
The property is being offered at the current list price before ADU construction begins. Once construction starts, the value and asking price will naturally increase.
This property offers incredible flexibility: purchase it as an investment and benefit from the existing rental income, or live comfortably in the main 2/1 while keeping the studio rented for $1,000/month to help offset your monthly expenses. With the major renovations already completed, a separate income-producing studio, and the ADU process already underway, this is a tremendous opportunity with immediate income and substantial future investment potential. A fantastic first property or investment—don't miss it!
Property Details
Price: $319,000
Sq Ft: 1,210
($264 per
sqft)
Bedrooms: 3
Bathrooms: 2
City: North Fort Myers
County: Lee
Type: Single Family
Development: North Fort Myers
Acres: 0.2190
Virtual Tour/Floorplan:
View
Year Built: 1969
Listing Number: 2026037877
Status Code: A-Active
Taxes: $2,589.25
Tax Year: 2025
Application Fee: $0.00
Garage:
Furnishings: Unfurnished
Pets Allowed: Yes
Interior Features:
Other
Financial Information:
Taxes: $2,589.25
Tax Year: 2025
Equipment:
Dishwasher
Microwave
Other
Range
Refrigerator
Refrigerator/ Freezer
View:
Y
Additional Information:
Building Description: Ranch, Single Family
Community Type: Non- Gated
MLS Area: North Fort Myers
Total Square Footage: 1,210
Total Floors: 1
Water: Assessment Paid, Central
Construction: Concrete Block, Stucco
Short Sale: No
Date Listed: 2026-09-09 00:00:00
Furnished: Unfurnished
Parking: Attached Carport
Flooring: Tile
Roof: Shingle
Heating: Central Electric
Cooling: Central Electric
Storm Protection: Impact Resistant Doors, Other, Shutters
Laundry: Washer/ Dryer Hookup
Irrigation: Assessment Paid, Central
Pets: Yes
Restrictions: None/ Other
Maintenance: Other
Lot Desc.: Regular
Map of 4562 Tennyson Dr, North Fort Myers, FL 33903
Listing Courtesy Of: South Florida Trust Realty, In
sf.trustrealty@gmail.com