BEDS8
BATHS4 full
MLS#2026037960
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONWHISPERING PINES
Property Description
Rare investment opportunity in South Fort Myers. This 4-plex offers strong value-add potential, with two of the four units currently occupied and generating $32,340 per year in rental income. Each unit features 2 bedrooms, 1 bathroom, and approximately 852 sq ft of living space.Units include refrigerator, stove, washer, dryer, and dishwasher, along with a screened lanai. No major repairs are needed, providing a solid foundation for future upgrades and rent increases.The property offers 7 dedicated parking spaces and is located approximately 10 minutes from Fort Myers Beach, close to convenience stores and daily amenities. Leases were recently renewed, providing stable income for the new owner.This is an excellent opportunity for investors seeking long-term growth, rental optimization, or a strong value-add strategy in a desirable location.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Electric
Heating: Central Electric
Lot Size: 0.33 Acres
Roof Type: Shingle
Taxes: $5,990
Year Built: 1980
Feature Descriptions
Construction: Concrete Block, Stucco
Days on Site: 60
Exterior: Concrete Block, Stucco
Flooring: Tile, Vinyl
GEO Area: FM15 - Fort Myers Area
Home Warranty Y/N: No
Irrigation: Assessment Paid
Lease Considered Y/N: No
Listing Terms: Buyer Finance/Cash, Cash, Consider 1st Mortgage, Consider 2nd Mortgage, FHA, VA Loan
Lot: Irregular Lot, Oversize
Parcel #: 02-46-23-04-00000.0010
Pets: No Approval Needed
Property Attached Y/N: Yes
Property Sub-Type: Quadruplex
Road Surface: Paved
Sewer: Assessment Paid
Sewer: Assessment Paid
Transfer Fee: 0
Units: 1
Units in Building: Square Feet
Water: Assessment Paid
Water: Assessment Paid
Windows: Single Hung
Listed By / Shown By
Listed By
Agency Name: KEYRENTER FORT MYERS
Agency Phone: 239-900-9077
Shown By
Agent Name: Leslie Russell Associate Broker/Consultant
Agent Phone: Cell: (215) 694-9169
Agency Title: RealtyMark
Estimate Your Payment
Estimated Payment
$ 2,107.68 per month $1,422.14 Principal & Interest $499.17 Property Tax $186.38 Homeowner's InsuranceChange Payment Information
Leslie Russell Associate Broker/Consultant
Office: (215) 376-4444 ext. 318
Cell: (215) 694-9169
Email Me
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13401 Pine Needle Ln | MLS# 2026037960
This multi-family property located at 13401 Pine Needle Ln, Fort Myers, FL 33908 is currently listed for sale with an asking price of $639,000. Search Fort Myers real estate on lrussell.realtymark.net today.