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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.
| DAYS ON MARKET | 33 | LAST UPDATED | 3/11/2025 |
|---|---|---|---|
| TRACT | FORT MYERS | YEAR BUILT | 1980 |
| COMMUNITY | FORT MYERS | COUNTY | Lee |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR CONDITIONING | Yes |
|---|---|
| AREA | FORT MYERS |
| CONSTRUCTION | Block, Stucco |
| EXTERIOR | Courtyard |
| HEAT | Central, ELECTRIC |
| LOT | 0.335 acre(s) |
| STORIES | 1 |
| STYLE | Quadraplex, Ranch |
| SUBDIVISION | FORT MYERS |
| TAXES | 8615.92 |
| ZONING | RM-2 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Epique Realty, Inc.
Listing data deemed reliable but not guaranteed.
This IDX solution is (c) Diverse Solutions 2025.
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