513 Se 24th Ave Unit 1-4, Cape Coral, FL 33990

$849,000
8
BD
8
BA

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List Price
$849,000
Listing Price
$849,000
Price Change
▼ $11,000 1779492563
Days on Market
102
MLS#
226015823
Development
Cape Coral
Building Design
Quadruplex
County
Lee
Region
CC14 - Cape Coral Unit 16,18,22-
Development
Cape Coral
Subdivision
Cape Coral
Year Built
1978
Total Area
15,725

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.

Additional Information

Units
4
Bathrooms
8
Lot Description
Oversize
Lot Frontage
120
Construction
Concrete Block, Wood Frame, Stucco
Amenities
Pool, Non-Gated
Windows
Single Hung, Sliding
Exterior Features
Storage
Water
Assessment Paid, Central
Sewer
Assessment Paid, Central
Cooling
Ceiling Fan(s), Central Electric
Irrigation
Assessment Paid, Central
Waterfront Description
None
Boat Access
None

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Calculator source: Real Geeks

Listing courtesy of William Raveis Real Estate.