Property View

513 24th AVE 1-4

CAPE CORAL FL, 33990

$834,000.00

N/A per sqft

Active

8 Beds

8 Baths

4660 sqft

Quadruplex

Built in 1978

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.

226015823

MLS ID

2026-04-16

LISTED

N/A

UPDATED

Map

513 24th AVE 1-4

Interior Features

Total Stories

0

Bedrooms

8 Beds

Bathrooms

8 Baths

Interior Features

--

Appliances

Floor Description

Tile,

Fireplace

Yes

Cooling

Yes

Cooling Description

Ceiling Fan(s), Central Electric,

Heating

Yes

Heating Description

Central Electric,

Exterior/Building Features

Architectual Style

Quadraplex,

Roof

Metal,

Other Property Details

Area Name

Inland

Taxes

$10838.71

Tax Frequency

Annually

Association Amenities

Garage

No

Garage Spaces

0

Parking

No

View

no

View Description

No

Country

Lee

Pool

Community, Below Ground, Concrete, Equipment Stays, Screen Enclosure,

William Raveis Real Estate

Lora Merrill

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List Office Name: William Raveis Real Estate

List Office Phone: 239-529-5451