513 SE 24th AVE Unit 1-4, Cape Coral, FL 33990

$834,000
8
BD
8
BA
4,660
SqFt

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Courtesy of William Raveis Real Estate.

List Price
$834,000
Status
ACTIVE
Days on Market
110
Price Change
▼ $15,000 1785355872
MLS#
226015823
Subtype
Residential Income
Style
Quadraplex
Year Built
1978
Bedrooms
8
Bathrooms
8
Full Baths
8
Living Area
4,660
Lot Size
15,725
Acres
0.36
Subdivision
Cape Coral
Neighborhood
Cape Coral
MLS Area Major
CC14 - Cape Coral Unit 16,18,22-

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

Amenities
Pool
Exterior Features
Storage
Taxes
$10,838
Property Description
Quadraplex
Zoning
RML
Flooring
Tile
Heating
Central Electric
Air Conditioning
Ceiling Fan(s), Central Electric
Roof
Metal
Foundation
Concrete Block
Pool
Yes

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