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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 8h ago

GREAT INVESTMENT OPPORTUNITY with immediate rental income and outstanding future income potential! This beautifully remodeled property features 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, and the main 2/1 is rented for $1,650/month, generating $2,650 in current gross monthly rental income. 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. THE BIGGEST OPPORTUNITY: AN APPROVED ADU READY FOR CONSTRUCTION! The approved plans include a 2-bedroom, 1-bath ADU with separate electric and water meters. Once built, the property could offer THREE separate rental income-producing spaces, with estimated gross monthly rental income of approximately $4,300: $1,650 from the main home, $1,000 from the existing studio, and an estimated $1,650 from the new ADU. That's approximately $51,600 in potential gross annual rental income! The property is being offered at its current list price before ADU construction begins, giving the next owner the opportunity to take advantage of the approved plans and unlock the property's full income potential. Whether you're an investor looking to expand your rental portfolio or a buyer interested in living in one space while generating income from the others, this property offers flexibility, immediate cash flow, and the potential for three rental income streams. A rare opportunity with an approved ADU and tremendous upside. Don't miss it!

$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 10/31/2026. 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 3:20 AM UTC, 10/31/2026

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