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Bean Group
Offered at $545,000Active
beds
2
baths
3
sq ft
810
Built
1980

5431 Oak Ridge Avenue

Fort Myers Beach, FL 33931

About this home

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.

Listing last checked: Listing updated:

Listed by J Alex King, Cheryl Walker · Premiere Plus Realty Company · MLS #226027424

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Details at a glance

Interior4 property facts
Rooms
0
Heating
Wall Furnace
Cooling
Wall Unit(s)
Flooring
Vinyl
Building4 property facts
Style
Single Family Residence
Year built
1980
Garage
0
Roof
Shingle
Land & utilities3 property facts
Lot size
0.065 acres
Water
Public
Sewer
Public Sewer
Financial3 property facts
Annual taxes
$5,493
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $545,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,214 / monthAdjust
Principal & interest
$2,756
Property tax
$458
Insurance
Not entered
HOA
$0

Listing annual taxes: $5,493. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Ter

    $545,000 · Nov 19, 2025

  2. Lsd

    $1,299 · Sep 10, 2016

More property insights

Comparable properties 1 supplied

Sold Jul 31, 2026

$525,000

1506 Grandale Street

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About 5431 Oak Ridge Avenue

Can I request a private showing?

Request a tour of 5431 Oak Ridge Avenue and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.