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Eric Degelau

degelauhometeam@gmail.com +1(239) 351-5556

$ 700,000

Est. payment -/mo

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Price Dropped by $25K

13401 Pine Needle LN Fort Myers, FL 33908

8 Beds

4 Baths

3,408 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,408 sqft

Price per Sqft $205

Subdivision Fort Myers

MLS Listing ID 225015667

Style Ranch,One Story

Bedrooms 8

Full Baths 4

Construction Status Resale

HOA Y/N No

Year Built 1980

Annual Tax Amount $8,615

Tax Year 2024

Lot Size 0.335 Acres

Acres 0.335

Lot Dimensions Appraiser

Property Sub-Type Quadruplex

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

Community Fort Myers

Area Fm15 - Fort Myers Area

Rooms

Bedroom Description NaN

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile

Fireplace No

Window Features Single Hung

Exterior

Exterior Feature Courtyard, Privacy Wall

Utilities Available Cable Available

Amenities Available None

Waterfront Description None

Water Access Desc Public

Roof Type Shingle

Garage No

Private Pool No

Building

Lot Description Oversized Lot

Dwelling Type Quadruplex

Sewer Public Sewer

Water Public

Architectural Style Ranch, One Story

Structure Type Block,Concrete,Stucco

Construction Status Resale

Others

Pets Allowed Call, Conditional

Senior Community No

Tax ID 02-46-23-04-00000.0010

Acceptable Financing All Financing Considered, Cash

Listing Terms All Financing Considered, Cash

Pets Allowed Call, Conditional

Listed by Epique Realty, Inc. • Hank Bertodatto

Eric Degelau

Team Leader | License ID: 3508369

+1(239) 351-5556

Eric Degelau

13401 Pine Needle LN Fort Myers, FL 33908

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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13401 Pine Needle LN