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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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4562 Tennyson Dr , North Fort Myers, FL 33093
$298,900
Est. Payment: $1,638.04/mo
3 Bed
2 Bath
Status: active | Days on site: 12
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House Description

GREAT INVESTMENT OPPORTUNITY WITH INCOME + APPROVED ADU! 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, currently rented for $1,000/month. The property has been extensively updated with a NEW ROOF, remodeled kitchen and bathrooms, stainless steel appliances, newer A/C, nearly new water heater, tile flooring, custom closets, LED lighting, and a large screened patio. The biggest value-add is the APPROVED ADU PERMIT for a legal 2-bedroom, 1-bath, approximately 720 SF ADU, with independent water and electric meters. The permit is already approved for construction, allowing the new owner to move forward without starting the permitting process from scratch. Income-producing today with significant additional rental income potential once the ADU is completed. Excellent opportunity for investors or owner-occupants looking for immediate income and future upside.

Highlights

Listed by Sergio Fernandez , 305-302-2506 South Florida Trust Realty, Inc. , 305-302-2506. REALTOR Association of Greater Miami and the Beach

Property Type

Residential

Year Built

1969

County

Lee

Area

5940 Florida Other

Neighborhood

Waterway Estates Golf Park

Listing ID

A12102682

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
Air Cond:Central Air
Fireplaces:
Floor:Tile
Other:
  • ▪ Additional:First Floor Entry
Water:Public

Exterior Features

Lot:< 1/4 Acre
Zoning:RS-1
Roof:Shingle
Sewer:Public Sewer
Parking Features:Circular Driveway,Covered,Driveway
Principal Interest
$1,638
Taxes
$216

Home Price

$298,900

Loan Details

30 yrs
7.292%

Down Payment

20%
$59,780
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,638.04

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,638.04 $215.75 $0.00 $1,853.79
Yearly $19,656.45 $2,589.00 $0.00 $22,245.45
Total $589,693.46 $77,670.00 $0.00 $667,363.46

Today's Rates

30 Year

7.29%

20 Year

6.92%

15 Year

6.5%

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Market insight data is pulled from the same city as the listing being viewed (North Fort Myers, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-31T17:11:00.000Z

© 2026 REALTOR Association of Greater Miami and the Beach