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

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Rebecca Troyer

rebecca@bonitaflproperties.com +1(239) 272-2626

$ 695,000

Est. payment | -/mo

8 Beds

4 Baths

0.33 Acres Lot

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$ 695,000

Est. payment | -/mo

Save

8 Beds

4 Baths

0.33 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

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

Acres 0.335

Property Sub-Type Quadruplex

Source Florida Gulf Coast

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

Window Features Single Hung

Exterior

Exterior Feature Courtyard, Privacy Wall

Community Features None, No Subdivision

Utilities Available Cable Available

Waterfront Description None

Roof Type Shingle

Private Pool No

Building

Lot Description Oversize

Story 1

Sewer Central

Water Central

Level or Stories 1 Story/Ranch

Structure Type Concrete Block,Stucco

New Construction No

Others

Tax ID 02-46-23-04-00000.0010

Acceptable Financing Buyer Finance/Cash

Listing Terms Buyer Finance/Cash

Listed by Epique Realty, Inc. • Hank Bertodatto