513 SE 24th Avenue #1-4, Cape Coral, FL 33990
Local realty services provided by:CENTURY 21 Selling Paradise
513 SE 24th Avenue #1-4,Cape Coral, FL 33990
$849,000
- 8 Beds
- 8 Baths
- 4,660 sq. ft.
- Multi-family
- Active
Listed by: lora merrill
Office: william raveis real estate
MLS#:226015823
Source:FL_GFMB
Price summary
- Price:$849,000
- Price per sq. ft.:$182.19
About this home
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....
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Home facts
- Year built:1978
- Listing ID #:226015823
- Added:59 day(s) ago
- Updated:June 16, 2026 at 02:52 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:8
- Full bathrooms:8
- Flooring:Tile
- Living area:4,660 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:1978
- Building area:4,660 sq. ft.
- Lot area:0.36 Acres
- Construction Materials:Block, Concrete, Stucco, Wood Frame
- Exterior Features:Storage
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$849,000
- Price per sq. ft.:$182.19
- Tax amount:$10,839 (2025)
Features and amenities
- Amenities:Pool
- Pool features:Community, Concrete, In Ground, Pool, Pool Equipment, Screen Enclosure
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