$379,500
4 Bed SingleFamilyResidence for Sale in Hendry Estates
3516 E Riverside Drive, Fort Myers, FL, 33916
About this home
SELLER MOTIVATED OFFERING CREDIT TOWARD BUYER'S CLOSING COSTS WITH AN ACCEPTABLE OFFER! 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!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1925
- Interior
- 1,830 sqft
- Lot size
- 6,969.6 sqft
- Acreage
- 0.16 acres
- Garage
- None
- Days on market
- 42
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $5,313/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- New construction
- No
- Pets
- Yes
- County
- Lee
Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.
Based on the $/sqft of 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 3210 King Street | May 2026 | $440,000 | 3/2 | 1,688 | $261 |
| 3000 Oasis Grand Boulevard 1507 | Dec 2025 | $294,000 | 3/2 | 1,802 | $163 |
| 3000 Oasis Grand Boulevard 2104 | Oct 2025 | $350,000 | 3/2 | 1,708 | $205 |
| 3000 Oasis Grand Boulevard 2107 | Nov 2025 | $395,000 | 3/2 | 1,804 | $219 |
| 3000 Oasis Grand Boulevard 901 | Apr 2026 | $315,000 | 3/2 | 1,854 | $170 |
| Average | 5 comps | $358,800 | $204 |
Market trends, Fort Myers
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
The good, the trade-offs & the location
- Built 1925 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
- No garage listed
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.