This quadplex highly desirable rental area serving Sanibel Island and the beaches. All very well maintained with good rental history and books. Attached proforma shows actual expenses with what current buyers property taxes will be. Some tenants have been in place over five years. - so rents are below market (One in place ten years) Some units totally renovated some in original condition - but all in great shape and regular maintenance records are available during due diligence. This is a solid investment with easy to verify numbers. In my opinion the rents are $150 to $200 below market for each unit, but the proforma are actual rents and still look good. Please do not disturb tenants. There are no vacancies and rarely are, we will show the units only with a contract with proof of ability to perform.
Off market
Zestimate®
$486,800
13426/432 Pine Needle Ln, Fort Myers, FL 33908
8beds
--sqft
MultiFamily
Built in 1980
-- sqft lot
$486,800 Zestimate®
$--/sqft
$2,287 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced air, Electric
Cooling
- Central
Features
- Flooring: Tile
- Windows: Other
Property
Features
- Exterior features: Stucco, Cement / Concrete
- Frontage length: 140
Lot
- Size: 0.34 Acres
- Features: Corner Lot
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
Materials
- Roof: Other
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Central
Community & neighborhood
Location
- Region: Fort Myers
Other
Other facts
- Flooring: Tile
- Roof: Shingle
- ArchitecturalStyle: Ranch
- CoolingYN: true
- NumberOfUnitsTotal: 4
- ConstructionMaterials: Stucco, Concrete Block
- PropertyAttachedYN: true
- LotFeatures: Corner Lot
- FrontageLength: 140
- NumberOfBuildings: 1
- ElevationUnits: Feet
- StructureType: House
- AssociationAmenities: See Remarks
- Heating: Central Electric
- Cooling: Central Electric, Ceiling Fan(s)
- WindowFeatures: Other
- Sewer: Central
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$486,800
2% more+$9,736
With Zillow Showcase(estimated)$496,536