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Pending
  • Price cut: $34.1K (8/12)
    $799,900

    513 SE 24th AVE #1-4, CAPE CORAL, FL 33990

    8beds
    4,660sqft
    : 
    $5,160/mo
    Get pre-qualified
    Quadruplex
    Built in 1978
    -- sqft lot
    $-- Zestimate®
    $172/sqft
    $-- HOA

    What's special

    In-ground poolInviting shared outdoor spaceProfessionally painted exterior
    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.
    131 days
    |
    540
    |
    38
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lora Merrill 239-290-9151,

    William Raveis Real Estate

    Source: SWFLMLS,MLS#: 226015823MLS LogoOriginating 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

        DateEventPrice
        8/17/2026Pending sale$799,900$172/sqft
        Source: SWFLMLS #226015823 Report a problem
        8/12/2026Price change$799,900-4.1%$172/sqft
        Source: SWFLMLS #226015823 Report a problem
        7/29/2026Price change$834,000-1.8%$179/sqft
        Source: SWFLMLS #226015823 Report a problem
        5/22/2026Price change$849,000-1.3%$182/sqft
        Source: SWFLMLS #226015823 Report a problem
        4/17/2026Listed for sale$860,000+32.5%$185/sqft
        Source: SWFLMLS #226015823 Report a problem
        2/5/2024Listing removed--
        Source: Florida Gulf Coast MLS #221033841 Report a problem
        6/30/2021Sold$649,000-0.1%$139/sqft
        Source: Florida Gulf Coast MLS #221033841 Report a problem
        5/21/2021Pending sale$649,900$139/sqft
        Source: Florida Gulf Coast MLS #221033841 Report a problem
        5/16/2021Listed for sale$649,900+33.2%$139/sqft
        Source: Florida Gulf Coast MLS #221033841 Report a problem
        9/12/2019Sold$488,000-4.1%$105/sqft
        Source: Florida Gulf Coast MLS #219035577 Report a problem
        7/19/2019Pending sale$509,000$109/sqft
        Source: Home Team Advantage Realty #219035577 Report a problem
        6/24/2019Price change$509,000-1.8%$109/sqft
        Source: Home Team Advantage Realty #219035577 Report a problem
        3/19/2019Price change$518,500-0.3%$111/sqft
        Source: Douglas Realty & Development #218059864 Report a problem
        2/5/2019Price change$519,900-1.9%$112/sqft
        Source: Douglas Realty & Development #218059864 Report a problem
        9/16/2018Listed for sale$529,900+51.4%$114/sqft
        Source: Douglas Realty & Development #218059864 Report a problem
        6/13/2017Sold$349,900$75/sqft
        Source: Agent Provided Report a problem
        5/27/2017Pending sale$349,900$75/sqft
        Source: RE/MAX Realty Group #217035833 Report a problem
        5/24/2017Listed for sale$349,900$75/sqft
        Source: RE/MAX Realty Group #217035833 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33990

        Getting around

        20 / 100
        Car-Dependent
        52 / 100
        Bikeable

        Nearby schools

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