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  • $660,000

    13401 Pine Needle Ln, Fort Myers, FL 33908

    8beds
    3,408sqft
    Quadruplex, Multi Family
    Built in 1980
    -- sqft lot
    $646,500 Zestimate®
    $194/sqft
    $1,722 Estimated rent

    Home value

    $646,500

    $569,000 - $731,000

    $1,722/mo

    Zestimate® history
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    $4,316/mo

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    What's special

    BUYER FINANCING FELL THROUGH! OVER APPRAISED at $713,000! Welcome to 13401 Pine Needle Ln, Fort Myers, FL 33908, a fantastic investment opportunity nestled in a serene neighborhood. This quadplex boasts a remarkable 8%+ 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, all units are rented, with one fetching $1,800 per month, one at $1,700 per month, and the remaining two at $1,600 per month. 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. Appraisal, Home Inspection, 4-Point, & Wind Mitigation available upon request!

    Zillow last checked:

    Listing updated:

    Listed by:

    Hank Bertodatto 239-848-7552,

    Epique Realty, Inc.

    Bought with:

    Dom Clarizio, 374012988

    The Agency Naples

    Source: Florida Gulf Coast MLS,MLS#: 225015667MLS LogoOriginating MLS: Florida Gulf Coast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Features
    • Flooring: Tile
    • Windows: Single Hung
    Interior area
    • Total structure area: 3,408
    • Total interior livable area: 3,408 sqft

    Property

    Features
    • Stories: 1
    • Exterior features: Courtyard, Privacy Wall
    • Waterfront features: None
    Lot
    • Size: 0.34 Acres
    • Dimensions: 124 x 106 x 139 x 108
    • Features: Oversized Lot
    Details
    • Parcel number: 0246230400000.0010
    • Lease amount: $0
    • Zoning description: RM-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch,One Story
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Block, Concrete, Stucco
    • Roof: Shingle
    Condition
    • Resale
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Condo and coop fee: $0
    • Membership fee: $0
    • Subdivision: FORT MYERS
    HOA
    • Amenities included: None
    Location
    • Region: Fort Myers

    Financial & listing details

    • Price per square foot: $194/sqft
    • Annual tax amount: $8,615
    • Date on market: 2/9/2025
    • Cumulative days on market: 213 days
    • Listing terms: All Financing Considered,Cash
    • Tenant pays: Application Fee, Cable TV, Electricity, Internet
    • Contingency: Financing

    Price history

    DateEventPrice
    9/9/2025Sold$660,000-5%$194/sqft
    Source: Florida Gulf Coast MLS #225015667 Report a problem
    8/11/2025Pending sale$695,000$204/sqft
    Source: Florida Gulf Coast MLS #225015667 Report a problem
    7/28/2025Price change$695,000-0.7%$204/sqft
    Source: Florida Gulf Coast MLS #225015667 Report a problem
    6/13/2025Listed for sale$700,000$205/sqft
    Source: SWFLMLS #225015667 Report a problem
    4/26/2025Pending sale$700,000$205/sqft
    Source: SWFLMLS #225015667 Report a problem
    3/20/2025Price change$700,000-3.4%$205/sqft
    Source: SWFLMLS #225015667 Report a problem
    3/12/2025Listed for sale$725,000$213/sqft
    Source: SWFLMLS #225015667 Report a problem
    3/2/2025Pending sale$725,000$213/sqft
    Source: SWFLMLS #225015667 Report a problem
    2/9/2025Listed for sale$725,000$213/sqft
    Source: SWFLMLS #225015667 Report a problem
    10/20/2024Listing removed$1,700-5.6%
    Source: Zillow Rentals Report a problem
    10/2/2024Listed for rent$1,800$1/sqft
    Source: Zillow Rentals Report a problem
    2/19/2024Listing removed--
    Source: Zillow Rentals Report a problem
    2/12/2024Listed for rent$1,800+67.4%$1/sqft
    Source: Zillow Rentals Report a problem
    10/14/2020Listing removed$1,075
    Source: Florida Real Estate Connection #220056981 Report a problem
    9/9/2020Listed for rent$1,075
    Source: Florida Real Estate Connection #220056981 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Iona

    Nearby schools

    GreatSchools rating
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