Property
Beds
8
Full Baths
8
1/2 Baths
None
Year Built
1978
Sq.Footage
4,660
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.
Features & Amenities
Interior
-
Total Bedrooms
8
-
Bathrooms
8
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Block, Stucco
-
Other Exterior Features
Storage
-
Pool
Yes
-
Pool Features
Community, Screen Enclosure, Private
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.361
-
Property Type
Residential
-
Property Sub Type
Quadruplex
-
Architectural Style
Quadraplex
Price
-
Sales Price
$860,000
-
Tax Amount
$10,838.71
-
Sq. Footage
4, 660
-
Price/SqFt
$184
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Association Amenities
Pool
-
Senior Community YN
NO
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Location
County
Lee
Elementary School
Middle School
High School
Listing Courtesy of Lora Merrill , William Raveis Real Estate
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Agent | Realtor®
Julia McCabe
Call Julia today to schedule a private showing.
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