BEDS8
BATHS8 full
MLS#226015823
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCAPE CORAL
Property Description
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 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ceiling Fans, Central Electric
Heating: Central Electric
Home Style: Quadraplex
Lot Size: 0.36 Acres
Year Built: 1978
Amenities
Storage
Feature Descriptions
Amenities: Community Pool
Community Type: Non-Gated
Construction: Concrete Block, Wood Frame
Flooring: Tile
GEO Area: CC14 - Cape Coral Unit 16,18,22-
Lot: Oversize
Lot Frontage: 120
Pets: No Approval Needed
Pool: Below Ground, Concrete, Equipment Stays, Screened
Sewer: Assessment Paid, Central
Swimming Pool: Yes
Units: 4
Water: Assessment Paid, Central
Listed By / Shown By
Listed By
Agency Name: William Raveis Real Estate
Agency Phone: 239-529-5451
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 2,164.82 per month $1,913.99 Principal & Interest $0.00 Property Tax (data not provided by mls) $250.83 Homeowner's InsuranceChange Payment Information
513 SE 24th Ave, Unit 1-4 | MLS# 226015823
This multi-family property located at 513 SE 24th Ave, Unit 1-4, Cape Coral, FL 33990 is currently listed for sale with an asking price of $860,000. Search Cape Coral real estate on www.realtymark.net today.