13401 Pine Needle LN Pending Save Request In-Person Tour Request Virtual Tour
Fort Myers,FL 33908
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Subdivision Fort Myers
MLS Listing ID 225015667
Style Resale Property
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1980
Annual Tax Amount $8,615
Tax Year 2024
Lot Size 0.335 Acres
Acres 0.335
Property Sub-Type Quadruplex
Source Florida Gulf Coast
Property Description
Welcome to 13401 Pine Needle Ln, Fort Myers, FL 33908, a fantastic investment opportunity nestled in a serene neighborhood. This quadplex boasts a remarkable 9%+ CAP rate, making it an attractive option for savvy investors. Each of the four units has been meticulously renovated and updated, ensuring modern comfort and convenience for tenants. Currently, three of the units are rented, with two fetching $1,800 per month and one at $1,500. The remaining unit is available and listed at $1,700, offering potential for immediate rental income. Each unit is equipped with its own washer & dryer, providing added convenience for tenants. The property features new A/C condenser units across all units, with two units also benefiting from new air handlers, ensuring efficient climate control and reduced maintenance concerns. The charming courtyard entrance adds a touch of elegance and provides a welcoming atmosphere for residents. Located in a desirable area of Fort Myers, this property is close to various amenities and attractions. Nearby, you'll find popular spots such as the Gulf Coast Town Center for shopping and dining, and the beautiful beaches of Fort Myers & Sanibel Island are just a short drive away. This quadplex is not just a property; it's a promising investment with a solid return potential. Don't miss out on the opportunity to own a piece of Fort Myers real estate that combines modern living with excellent income prospects.
Location
State FL
County Lee
Area Fort Myers
Zoning RM-2
Interior
Heating Central Electric
Flooring Tile
Fireplace No
Heat Source Central Electric
Exterior
Exterior Feature Courtyard
Amenities Available None
Waterfront Description None
Roof Type Shingle
Garage No
Private Pool No
Building
Lot Description Oversize
Water Central
Architectural Style Ranch,Quadraplex
Structure Type Concrete Block,Stucco
New Construction No
Others
Pets Allowed With Approval
Senior Community No
Tax ID 02-46-23-04-00000.0010