13401 Pine Needle LN

$660,000
13401 Pine Needle LN, FORT MYERS, FL 33908
13401 Pine Needle LN

13401 Pine Needle LN

$660,000

BUYER FINANCING FELL THROUGH! OVER APPRAISED at $713,000! Welcome to 13401 Pine Needle Ln, Fort Myers, FL 33908, a fantastic investment opportunity nestled in a serene neighborhood. This quadplex boasts a remarkable 8%+ CAP rate, making it an attractive option for savvy investors. Each of the four units has been meticulously renovated and updated, ensuring modern comfort and convenience for tenants. Currently, all units are rented, with one fetching $1,800 per month, one at $1,700 per month, and the remaining two at $1,600 per month. Each unit is equipped with its own washer & dryer, providing added convenience for tenants. The property features new A/C condenser units across all units, with two units also benefiting from new air handlers, ensuring efficient climate control and reduced maintenance concerns. The charming courtyard entrance adds a touch of elegance and provides a welcoming atmosphere for residents. Located in a desirable area of Fort Myers, this property is close to various amenities and attractions. Nearby, you'll find popular spots such as the Gulf Coast Town Center for shopping and dining, and the beautiful beaches of Fort Myers & Sanibel Island are just a short drive away. This quadplex is not just a property; it's a promising investment with a solid return potential. Don't miss out on the opportunity to own a piece of Fort Myers real estate that combines modern living with excellent income prospects. Appraisal, Home Inspection, 4-Point, & Wind Mitigation available upon request!
Dominick Clarizio
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Features & Amenities

Interior

Total Bedrooms 8
Total Bathrooms 4
Full Bathrooms 4
Flooring Tile

Exterior

Water Source Central
ROOF Shingle
Lot Features Oversize
Heat type Central Electric
Air Conditioning Central Electric
Substructure Concrete Block
HOA Amenities None
Other Exterior Features Courtyard

Area & Lot

Status Sold
Date Sold September 9, 2025
LOT SIZE 0.34 Acres
MLS® ID 225015667
Type Multi-Family
Year Built 1980
Architecture Styles Ranch, Quadraplex
Water Frontage None

Financial

SALES PRICE $660,000
REAL ESTATE TAXES $8,616/yr
Zoning RM-2

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