Price in Improvement Reduced Over 34K!!! 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 a 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.
Pending
Price cut: $34.1K (8/12)
$799,900
513 SE 24th AVE #1-4, CAPE CORAL, FL 33990
8beds
4,660sqft
Quadruplex
Built in 1978
-- sqft lot
$-- Zestimate®
$172/sqft
$-- HOA
What's special
In-ground poolInviting shared outdoor spaceProfessionally painted exterior
- 133 days
- 451
- 33
Zillow last checked:
Listing updated:
Listed by:
Lora Merrill 239-290-9151,
William Raveis Real Estate
Source: SWFLMLS,MLS#: 226015823
Originating MLS: Naples
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Features
- Flooring: Tile
- Has fireplace: No
Interior area
- Total interior livable area: 4,660 sqft
Property
Features
- Exterior features: Storage
- Has private pool: Yes
- Pool features: Community, In Ground, Concrete, Equipment Stays, Screen Enclosure
- Waterfront features: None
Lot
- Size: 0.36 Acres
- Features: Oversize
Details
- Additional structures: Storage
- Parcel number: 174424C301364.0230
- Zoning: RML
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Block, Frame, Stucco
- Foundation: Concrete Block
- Roof: Metal
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Water: Assessment Paid, Central
Community & HOA
Community
- Features: Pool, Non-Gated
- Subdivision: CAPE CORAL
HOA
- Amenities included: Pool
Location
- Region: Cape Coral
Financial & listing details
- Price per square foot: $172/sqft
- Annual tax amount: $10,838
- Date on market: 4/17/2026
- Lease term: Buyer Finance/Cash
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Pending sale | $799,900$172/sqft |
Source: | ||
| 8/12/2026 | Price change | $799,900-4.1%$172/sqft |
Source: | ||
| 7/29/2026 | Price change | $834,000-1.8%$179/sqft |
Source: | ||
| 5/22/2026 | Price change | $849,000-1.3%$182/sqft |
Source: | ||
| 4/17/2026 | Listed for sale | $860,000+32.5%$185/sqft |
Source: | ||
| 2/5/2024 | Listing removed | -- |
Source: | ||
| 6/30/2021 | Sold | $649,000-0.1%$139/sqft |
Source: | ||
| 5/21/2021 | Pending sale | $649,900$139/sqft |
Source: | ||
| 5/16/2021 | Listed for sale | $649,900+33.2%$139/sqft |
Source: | ||
| 9/12/2019 | Sold | $488,000-4.1%$105/sqft |
Source: | ||
| 7/19/2019 | Pending sale | $509,000$109/sqft |
Source: Home Team Advantage Realty #219035577 Report a problem | ||
| 6/24/2019 | Price change | $509,000-1.8%$109/sqft |
Source: Home Team Advantage Realty #219035577 Report a problem | ||
| 3/19/2019 | Price change | $518,500-0.3%$111/sqft |
Source: Douglas Realty & Development #218059864 Report a problem | ||
| 2/5/2019 | Price change | $519,900-1.9%$112/sqft |
Source: Douglas Realty & Development #218059864 Report a problem | ||
| 9/16/2018 | Listed for sale | $529,900+51.4%$114/sqft |
Source: Douglas Realty & Development #218059864 Report a problem | ||
| 6/13/2017 | Sold | $349,900$75/sqft |
Source: Agent Provided Report a problem | ||
| 5/27/2017 | Pending sale | $349,900$75/sqft |
Source: RE/MAX Realty Group #217035833 Report a problem | ||
| 5/24/2017 | Listed for sale | $349,900$75/sqft |
Source: RE/MAX Realty Group #217035833 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment









