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5441-5451 Oak Ridge AVE, Fort Myers Beach, FL, 33931

3beds
2baths
1,400sqft
$799,000
$571price/sqft
$5,351/moest. monthly cost
$214,040/yrincome needed

About This Home

Discover this beautifully renovated ELEVATED DUPLEX in the highly desirable WEEKLY rental zone of Fort Myers Beach! Offering two separate units—a 2-bedroom, 1-bath and a 1-bedroom, 1-bath—this property is perfect for someone seeking excellent rental income or homeowners looking for a beachside retreat with rental income potential. Enjoy peace of mind with a new roof, new A/C systems, updated electrical, and plumbing throughout the property. Each unit offers bright, open living areas, well-appointed kitchens, and comfortable bedrooms, perfect for vacationers or long-term tenants. Elevated Construction provides extra storage space below and added flood protection. Prime Location with direct beach access. Just steps from the pristine sands of Fort Myers Beach, restaurants, shops, and entertainment. Whether you’re looking for an income-producing property or a personal getaway, this duplex delivers modern amenities and a prime beachside location.

Getting Around

11
WalkingCar-Dependent
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

3/10
Lexington Middle SchoolGrades 6-84.5 mi
4/10
Estero High SchoolGrades 9-127.3 mi

Construction

Condition

  • Year built: 1968

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Vinyl

Heating & Cooling

  • Heating features: Central
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total interior livable area: 1,400 sqft

Property

Details

  • Parcel number: 334624W10020B.2000
  • Zoning: TFC2

Features

  • Exterior features: Courtyard
  • Waterfront features: None

Lot

  • Lot size: 10,802 sqft
  • Features: Irregular Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Lightning
Tsunami

FEMA Declared Disasters in Lee County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,040$48,480
Home Insurance *$595$7,140
Property Taxes $519$6,228
Electricity $197$2,366
Total$5,351$64,212
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$183,462/yr
40% on housing$160,530/yr
45% on housing$142,693/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.2%
15.2%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$571This listing

vs Other Active Listings

Avg $/sqft

ZIP 33931$620
Lee County$283

vs Homes Sold Last Month

Median $/sqft

ZIP 33931$520
Lee County$222

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-01-20Price change$888,000
2025-11-19Listed for sale$899,000
2025-09-09Listing removed$999,999
2025-08-04Price change$999,999
2025-07-11Price change$1,050,000
2025-06-27Price change$1,125,000
2025-01-03Listed for sale$1,150,000
2024-12-23Listing removed$1,099,900
2024-07-03Listed for sale$1,099,900
2024-05-30Listing removed--
2024-02-27Listing removed$1,099,900
2023-09-22Listed for sale$1,099,900
2023-08-15Listing removed--
2023-06-28Listed for sale$1,149,000

For Sale by Agent

AgentJ Alex King
BrokeragePremiere Plus Realty Company

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