Homes for sale - 13401 Pine Needle LN, Fort Myers, FL 33908

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Stevan Stanisic

stanisic.stevan@gmail.com +1(239) 777-9517

$700,000

Est. payment - /mo

8 Beds

4 Baths

0.33 Acres Lot

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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

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Listed by Epique Realty, Inc. • Hank Bertodatto

13401 Pine Needle LN Fort Myers, FL 33908