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Michael & Dana Delong

delongrealestateteam@gmail.com +1(239) 404-5506

$ 860,000

Est. payment | -/mo

8 Beds

8 Baths

4,660 SqFt

Save

$ 860,000

Est. payment | -/mo

Save

8 Beds

8 Baths

4,660 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,660 sqft

Price per Sqft $184

Subdivision Cape Coral

MLS Listing ID 226015823

Style Resale Property

Bedrooms 8

Full Baths 8

Year Built 1978

Annual Tax Amount $10,838

Tax Year 2025

Lot Size 0.361 Acres

Acres 0.361

Property Sub-Type Quadruplex

Source Naples

Property Description

Exceptional investment opportunity! This well-maintained 4-unit property offers strong income potential with flexibility for long-term tenants, seasonal rentals, or short-term/Airbnb use. Ideally situated just off the Hancock Bridge Parkway on SE 24th Ave, the property is located in a desirable area with convenient access to major routes and local amenities. The property features an inviting shared outdoor space highlighted by a refurbished (2025) fully screened pool enclosure and in-ground pool, creating a private and attractive setting for residents or guests. Each unit also includes its own patio area, enhancing tenant comfort and rental appeal. Significant recent upgrades provide added value and peace of mind, including professionally painted exterior (2025), new metal roofs and gutters on both buildings (2025), refurbished pool cage and screening (2025), new HVAC systems in two units (2023/2024), new water heaters in two units (2024), and a new pool pump (2023). These improvements reduce near-term maintenance costs and support stable operation. The location is a standout feature, offering quick access to the Caloosahatchee River Bridge (no tolls) for an easy commute to downtown Fort Myers. The property is also just minutes from parks, Gulf beaches, shopping centers, restaurants, and the many attractions that Cape Coral and Southwest Florida are known for. Whether you're expanding your portfolio or seeking a versatile income-producing property in a high-demand rental area, this is an opportunity you don't want to miss.

Location

State FL

County Lee

Community Non-Gated

Area Cape Coral

Zoning RML

Interior

Heating Central Electric

Flooring Tile

Fireplace No

Heat Source Central Electric

Exterior

Exterior Feature Storage

Pool Community, Below Ground, Concrete, Equipment Stays, Screen Enclosure

Community Features Pool

Amenities Available Pool

Waterfront Description None

Roof Type Metal

Street Surface Paved

Garage No

Private Pool Yes

Building

Lot Description Oversize

Water Assessment Paid, Central

Architectural Style Quadraplex

Structure Type Concrete Block,Wood Frame,Stucco

New Construction No

Others

Pets Allowed Yes

Senior Community No

Tax ID 17-44-24-C3-01364.0230

Listed by William Raveis Real Estate • Lora Merrill

513 SE 24th AVE #1-4 Cape Coral, FL 33990