13401/407 Pine Needle Lane
Fort Myers, FL 33908
- 8 beds
- 4 baths
- 3,408 sqft
- 14,610 sqft lot
- $129 per sqft
- 1980 build
- – on site
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This seller has two quads for sale in a highly desirable rental area serving Sanibel Island and the beaches. All very well maintained with good rental history and books. Attached proforma shows actual expenses with what current buyers property taxes will be. Rents are below market as some tenants have been in place over five years. - so rents are below market (One in place ten years) Some units totally renovated some in original condition - but all in great shape and regular maintenance records are available during due diligence. This is a solid investment with easy to verify numbers. In my opinion the rents are $150 to $200 below market for each unit, but the proforma are actual rents and still look good. Please do not disturb tenants. There are no vacancies and rarely are, we will show the units only with a contract with proof of ability to perform.
Listing courtesy of FGCMLS / EXP Realty LLC
Last checked:
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Last updated Jan 25, 2025
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MLS# 219001601 —
The Building
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Year Built:1980
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Construction Materials:Block,Concrete,Stucco
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Building Area Total:3408.0
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Architectural Style:Ranch,OneStory,SeeRemarks
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Roof:Shingle
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Exterior Features:None
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Window Features:Other
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Stories:1
Interior
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Flooring:Tile
Financial & Terms
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Possession:CloseOfEscrow
Location
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Directions:Summerlin to McGregor to Davis Road to Needle
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Latitude:26.49899
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Longitude:-81.977632
The Property
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Property Type:ResidentialIncome
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Property Condition:Resale
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Lot Features:CornerLot
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Lot Size Acres:0.3354
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Lot Size Area:0.3354
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Lot Size Units:Acres
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Lot Size Source:SeeRemarks
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Lot Size Dimensions:140 x 110 x 140 x 110
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Lot Dimensions Source:SeeRemarks
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Zoning Description:RM-2
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Parcel Number:02-46-23-04-00000.0010
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Structure Type:Quadruplex
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Waterfront:false
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Waterfront Features:None
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Road Responsibility:PublicMaintainedRoad
Listing Agent
- Contact info:
- Agent phone:
- (239) 851-5464
- Office phone:
- (888) 883-8509
Taxes
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Tax Year:2017
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Tax Lot:1
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Tax Legal Description:WHISPERING PINES PH 1 PB 32 PG 116 LOT 1
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Tax Annual Amount:4292.0
Beds
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Total Bedrooms:8
Baths
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Total Baths:4
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Full Baths:4
Heating & Cooling
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Heating:Central,Electric
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Heating:true
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Cooling:CentralAir,CeilingFans,Electric
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Cooling:true
Utilities
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Utilities:CableAvailable
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Sewer:PublicSewer
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Water Source:AssessmentPaid,SeeRemarks
The Community
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Subdivision Name:WHISPERING PINES
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Community Features:NonGated
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Association Amenities:SeeRemarks
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Spa:false
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Pool Private:false
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Pets Allowed:Yes
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).