3516 E Riverside DR, Fort Myers, FL 33916

• 4 beds |
• 3 baths |
• 1,830 sqft

Property Description

Discover a rare investment opportunity just steps from the Caloosahatchee River! This is one of a kind property features two separate homes on a single lot, making it an excellent choice for multi-generational living, rental income, or both. Opportunities like this are hard to find in such a desirable Fort Myers location, so don't miss your chance to make it yours. The front home offers 3 bedrooms and 2 bathrooms, while the rear includes 1 bedroom, bonus room and 1 bathroom. Each residence has its own electric meter, adding convenience and flexibility for tenants, extended family, or future income potential. Whether you're searching a primary residence with an income producing guest house or an investment property with strong rental appeal, this versatile set up delivers exceptional value. Recent updates include a new shingle roof, new flooring, and a beautifully renovated kitchen, (Quartz countertop will be installed prior to closing) adding modern style and value to the home. Whether you're looking for a move in ready residence or an income producing investment, these upgrades make this property even more appealing. Conveniently located near downtown Fort Myers, local shopping center, dining, parks, fishing pier, and major roadways, this property combines flexibility, location and long-term potential. With so much to offer, this is the perfect time to schedule a showing and submit your offer before this opportunity is gone!

Listing Status:

Active

Date Added:

July 16, 2026

Data Last Updated:

July 29, 2026 at 1:06AM

Listing Office:

Armada Real Estate, Inc. : (239) 788-2738

MLS ID:

2026030215

Interior

• General: Fireplace
• Appliances: Electric CooktopDishwasherMicrowave
• Dining: Dining - Living
• Laundry: Washer/Dryer Hookup
• Flooring: Laminate
• A/C: Central Electric
• Heating: Central Electric
• Fireplace: Fireplace

Exterior

• Style: RanchSingle Family
• Parking: Driveway PavedParking spaces: 0

Construction

• Roofing: Shingle
• General: Wood FrameStucco1

Location

• Road/Access: Paved
• HOA Amenities: 0.0
• Originating MLS: Florida Gulf Coast
• County: Lee

Lot

• Zoning: RS-6HENDRY ESTATES BLK 3 PB 7 PG 58 LOT 3 + NELY 10 FT LOT 2007-44-25-P3-00903.0030
• View: Partial BayRiverView
• Restrictions: No Commercial

Utilities

• Water: Assessment PaidCentral

Financial

• Source: Florida Gulf Coast