513 SE 24th Avenue Unit 1-4, Cape Coral, FL 33990
- $849,000
- 8
- BD
- 8
- BA
- 4,660
- SqFt
- List Price
- $849,000
- Status
- ACTIVE
- MLS#
- 226015823
- Price Change
- ▼ $11,000 1779493080
- Bedrooms
- 8
- Bathrooms
- 8
- Living Area
- 4,660
- Development
- Cape Coral
- Subdivision
- Cape Coral
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.
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Additional Information
- Taxes
- $10,838
- Building Design
- Quadraplex
- Year Built
- 1978
- Community Type
- Non-Gated
- Construction
- Block, Concrete, Stucco, Wood Frame
- Living Area
- 4,660
- Acres
- 0.36
- Amenities
- Pool
- Cooling
- Central Air, Ceiling Fan(s), Electric
- Heating
- Central, Electric
- Flooring
- Tile
- Exterior Features
- Storage
- Waterfront Description
- None
- Water
- Assessment Paid, Public
- Sewer
- Assessment Paid, Public Sewer
- Pool Description
- Concrete, In Ground, Pool Equipment, Screen Enclosure, Community
- Pets
- Yes
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Listing courtesy of William Raveis Real Estate.