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Duplex Multifamily Portfolio
For Sale
Contact for pricing
Pending

4139 Pine Drop Ln, North Fort Myers, FL 33917

For sale duplex property with four total units across two buildings in North Fort Myers, FL.

Property SizeContact for details
Days on Market141

Property Features for 4139 Pine Drop Ln

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Cap Rate 8.1%
Multifamily Units 4
Listing Agency: Saggio Realty
Listed By: Mike Rivera · License #FL BK661902
Source: Crexi
Added: Apr 11 Changed: Aug 28 Last Checked: Aug 26 at 6:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Saggio Realty

Investment Insights

Based on property information with market context.

This for-sale duplex multifamily portfolio consists of two duplex buildings containing four total units. The offering is presented with an 8.1 cap rate figure, along with a detailed cash-flow scenario included in the marketing materials.

The property is located at 4139 Pine Drop Ln in North Fort Myers, Florida 33917. The remarks also discuss a value-add approach through unit interior renovations and common area improvements, with a corresponding rent and NOI scenario that can vary based on sale date and subsequent performance.

Additional information is available via video walk-through and the referenced web page, and the full offering materials are available upon signing an NDA.

Key Highlights

  • Duplex investment property in North Fort Myers, FL with 4 total units across 2 buildings
  • 8.1 cap rate listed for the property
  • Offered at $470,000 with $49,800 listed gross (per provided remarks)

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Nail Salon HVAC Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

148
Businesses Nearby

Demographics for 33917, FL

30,702
Population
18,789
Households
1.6
Avg Household Size
61
Median Age
19%
College-Educated
89%
High-School Grad
65.5 sq mi
ZIP Area
469
Density / Sq Mi
$54,198
Median Household Income
$35,670
Median Earnings
$1,320
Median Rent
$170,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - For sale duplex property with four total units across two buildings in North Fort Myers, FL.
Where is this multifamily property located?
The property is located at 4139 Pine Drop Ln North Fort Myers, FL.
What are key features of this property?
This property features: Duplex investment property in North Fort Myers, FL with 4 total units across 2 buildings; 8.1 cap rate listed for the property; Offered at $470,000 with $49,800 listed gross (per provided remarks)
More about this property
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