13401 Pine Needle Lane
Fort Myers, FL 33908
- 8 beds
- 4 baths
- 3,408 sqft
- 14,593 sqft lot
- $205 per sqft
- 1980 build
- – on site
Welcome to 13401 Pine Needle Ln, Fort Myers, FL 33908, a fantastic investment opportunity nestled in a serene neighborhood. This quadplex boasts a remarkable 9%+ 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, three of the units are rented, with two fetching $1,800 per month and one at $1,500. The remaining unit is available and listed at $1,700, offering potential for immediate rental income. 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.
Last checked:
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Last updated Mar 20, 2025
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MLS# 225015667 —
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
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Roof:Shingle
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Exterior Features:Courtyard,PrivacyWall
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Window Features:SingleHung
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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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Latitude:26.499048
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Longitude:-81.977654
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:OversizedLot
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Lot Size Acres:0.335
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Lot Size Area:0.335
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Lot Size Units:Acres
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Lot Size Source:Appraiser
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Lot Size Dimensions:124 x 106 x 139 x 108
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Lot Dimensions Source:Appraiser
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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
Listing Agent
- Contact info:
- Agent phone:
- (239) 848-7552
- Office phone:
- (888) 893-3537
Taxes
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Tax Year:2024
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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:8615.92
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,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:Public
The Community
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Subdivision Name:FORT MYERS
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Association Amenities:None
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Spa:false
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Pool Private:false
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Pets Allowed:Call,Conditional
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).
