13401 Pine Needle Ln Fort Myers, FL 33908
Estimated payment $4,584/month
Total Views
117,395
8
Beds
4
Baths
3,408
Sq Ft
$205
Price per Sq Ft
Highlights
- Oversized Lot
- Courtyard
- Central Heating and Cooling System
- Fort Myers High School Rated A
- Tile Flooring
- Privacy Fence
About This Home
BUYER FINANCING FELL THROUGH! OVER APPRAISED at $713,000! Welcome to 13401 Pine Needle Ln, Fort Myers, FL 33908, a fantastic investment opportunity nestled in a serene neighborhood. This quadplex boasts a remarkable 8%+ 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, all units are rented, with one fetching $1,800 per month, one at $1,700 per month, and the remaining two at $1,600 per month. 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. Appraisal, Home Inspection, 4-Point, & Wind Mitigation available upon request!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,616
Year Built
- Built in 1980
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 124 x 106 x 139 x 108
- Privacy Fence
- Oversized Lot
Home Design
- Quadruplex
- Shingle Roof
- Stucco
Interior Spaces
- 3,408 Sq Ft Home
- 1-Story Property
- Single Hung Windows
- Tile Flooring
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Outdoor Features
- Courtyard
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 02-46-23-04-00000.0010
Community Details
Overview
- 4 Units
- Fort Myers Subdivision
Pet Policy
- Call for details about the types of pets allowed
Building Details
- Operating Expense $14,600
- Net Operating Income $67,000
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/12/2025 06/12/25 | For Sale | $700,000 | 0.0% | $205 / Sq Ft |
| 05/27/2025 05/27/25 | Pending | -- | -- | -- |
| 03/21/2025 03/21/25 | Pending | -- | -- | -- |
| 03/20/2025 03/20/25 | Price Changed | $700,000 | -3.4% | $205 / Sq Ft |
| 03/12/2025 03/12/25 | For Sale | $725,000 | 0.0% | $213 / Sq Ft |
| 02/09/2025 02/09/25 | For Sale | $725,000 | 0.0% | $213 / Sq Ft |
| 10/19/2020 10/19/20 | Rented | -- | -- | -- |
| 09/19/2020 09/19/20 | Under Contract | -- | -- | -- |
| 09/09/2020 09/09/20 | For Rent | $1,075 | -- | -- |
Source: Florida Gulf Coast Multiple Listing Service
About the Listing Agent
Experienced Real Estate with a demonstrated history of working in the professional training & coaching industry. Skilled in Luxury Goods, Real Property, Waterfront Property, New Home Sales, and Rentals. Strong education professional with a Associate's degree focused in Real Estate from Larson Educational Services.
Hank's Other Listings
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 225015667
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