$700,000
 $3,758 est/mo Sourced by Back At You

13401 Pine Needle Ln,Fort Myers, FL 33908

Fort Myers, FL 33908

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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.

Details

MLS#225015667
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusPending
Year1980
Days On Site79
Listing Provided ByEpique Realty, Inc. | Hank Bertodatto

Features

Bed(s)8
Bath(s) 4 Total
SQ Feet3,408
Story(s)1
Units4
Building(s)1
ZoningRM-2
Acreage0.34
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Royal Palm Coast Realtor Association ®.

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Learn More About This Property

StateFL
CountyLee
CityFort Myers
Zip Code33908
AreaFM15 Fort Myers Area
Community NameFORT MYERS
Listing VS Median (in FORT MYERS)
Price:
$700,000
low | high
Med:
$315,000
100% of Average
SqFt:
3,408
low | high
Med:
1,410
100% of Average
$ / SqFt:
$205
low | high
Med:
$223
41.234042553191% of Average
On site:
79
low | high
Med:
36.000000
100% of Average
Sourced by Back At You
Listing Updated: April 28, 2025 at 6:19:09 PM PDT
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