13401 Pine Needle Ln., Fort Myers, FL 33908

13401 Pine Needle Ln., Fort Myers, FL 33908
Photo 1 of 17
$700,000
Beds Baths Sq. Ft. Taxes Built
8 4.00 0 $8,615.92 1980
On the market: 40 days
Recent price change: $725,000

Est. Monthly Payment:

$4,721($4,003 + $718 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
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.
Listing courtesy of Hank Bertodatto, Epique Realty, Inc.