5431 Oak Ridge AVE, 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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1980
Materials
- Roof: Shingle
- Construction materials: Frame,Aluminum Siding
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Flooring: Vinyl
Heating & Cooling
- Heating features: Wall Unit
- Cooling features: Wall Unit(s)
Interior Area
- Total interior livable area: 810 sqft
Property
Details
- Parcel number: 334624W10020B.3000
- Zoning: TFC2
Features
- Levels: Multi/Split
- Waterfront features: None
Lot
- Lot size: 2,831 sqft
- Features: Corner Lot,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
- Hurricane
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Lee County and Florida
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,755 | $33,060 |
| Home Insurance * | $406 | $4,872 |
| Property Taxes | $661 | $7,932 |
| Electricity | $197 | $2,366 |
| Total | $4,019 | $48,228 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-17 | Price change | $575,000 |
| 2026-01-20 | Price change | $629,000 |
| 2025-11-19 | Listed for sale | $659,000 |
| 2017-11-18 | Listing removed | $1,400 |
| 2017-10-24 | Listed for rent | $1,400 |
View on Zillow