13401 Pine Needle LN Active Save Request In-Person Tour Request Virtual Tour
Fort Myers,FL 33908
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Fort Myers
MLS Listing ID 225015667
Bedrooms 8
Full Baths 4
Year Built 1980
Annual Tax Amount $8,615
Tax Year 2024
Lot Size 0.335 Acres
Property Sub-Type Quadruplex
Property Description
BUYER FINANCING FELL THROUGH! OVER APPRAISED at $713,000! Welcome to 13401 Pine Needle Ln, Fort Myers, FL 33908, a fantastic investment opportunity nestled in a serene neighborhood. This quadplex boasts a remarkable 8%+ 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, all units are rented, with one fetching $1,800 per month, one at $1,700 per month, and the remaining two at $1,600 per month. 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. Appraisal, Home Inspection, 4-Point, & Wind Mitigation available upon request!
Location
State FL
County Lee
Area Fm15 - Fort Myers Area
Zoning RM-2
Interior
Heating Central Electric
Cooling Central Electric
Flooring Tile
Exterior
Exterior Feature Courtyard,Privacy Wall
Community Features None,No Subdivision
Utilities Available Cable Available
Waterfront Description None
Roof Type Shingle
Building
Lot Description Oversize
Story 1
Sewer Central
Water Central
Structure Type Concrete Block,Stucco
New Construction No
Others
Acceptable Financing Buyer Finance/Cash
Listing Terms Buyer Finance/Cash