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    Cape Coral Four-Unit Investment Property Title is generated by Realmo AI

    513 SE 24th Ave, Cape Coral, FL 33990

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    For Sale
    $860,000

    MULTI_FAMILY - Other - CAPE CORAL, FL

    Property size:
    4,660 SF
    Lot size:
    0.36 Acres
    Price / SF:
    $184/SF
    Added:
    Apr 16, 2026
    Days on Market:
    29
    Last Refresh:
    May 14 at 6:06 am

    Property Features for 513 SE 24th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RML
    Bedrooms
    8
    Bathrooms
    8
    Rooms
    Bedroom 5, Bathroom 6, Bathroom 5, Bedroom 6, Bathroom 7, Bathroom 8, Bedroom 7, Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 8
    Pets allowed
    Yes
    Pool private
    1
    Exterior features
    Storage
    Standard status
    Active
    APN
    17-44-24-C3-01364.0230
    Size
    4,660 SF
    Lot size
    0.36 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    10839

    Utilities

    Heating system
    Electric (Heating), Central
    Cooling system
    Electric, Ceiling Fan(s), Central Air

    Building Details

    Year built
    1978
    Number of units
    4
    Flooring type
    Tile
    Building materials
    Concrete Block, Wood Frame, Stucco
    Roof type
    Metal
    Architectural style
    Other
    Additional Structures
    Storage

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    Listing Contact
    Lora Merrill

    Listing agent Lora Merrill License #NAPLES-244521496

    Listing office William Raveis Real Estate 800 Seagate Drive, Suite 101, Naples, FL

    Listing date Apr 16, 2026

    MLS# 226015823 Listing URL

    Copyright © 2026 Naples Area Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Well‑maintained 4‑unit property offering a versatile income‑producing opportunity.
    • Strong income potential with flexibility for long‑term, seasonal, or short‑term/Airbnb rentals.
    • Desirable location with convenient access to major routes, local amenities, and downtown Fort Myers (via toll‑free bridge).
    • Refurbished (2025) screened pool enclosure and in‑ground pool, plus private patio areas for each unit.
    • Significant recent upgrades including new metal roofs/gutters (2025), exterior paint (2025), new HVAC systems in two units (2023/2024), and new water heaters in two units (2024).
    • Minutes from parks, Gulf beaches, shopping centers, restaurants, and other Southwest Florida attractions.

    Overview

    This well-maintained four-unit property presents an investment opportunity with income potential and flexibility for long-term tenants, seasonal rentals, or short-term use. Situated off the Hancock Bridge Parkway on SE 24th Ave, the property benefits from a location with access to major routes and local amenities. The property includes a shared outdoor space featuring a refurbished fully screened pool enclosure and in-ground pool. Each unit has its own patio area. Recent upgrades include a professionally painted exterior, new metal roofs and gutters on both buildings (all in 2025), a refurbished pool cage and screening (2025), new HVAC systems in two units (2023 and 2024), new water heaters in two units (2024), and a new pool pump (2023). The location provides access to the Caloosahatchee River Bridge for commuting to downtown Fort Myers. The property is also near parks, Gulf beaches, shopping centers, and restaurants. The property, zoned RML, is 4,660 square feet in size and sits on a 0.361-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.9238069
    Latitude
    26.6430032

    FAQs

    What type of property is this?
    Quadplex - Well-maintained four-unit property with income potential and recent upgrades.
    Where is this quadplex located?
    The property is located at 513 SE 24th Ave Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $860,000.
    What are key features of this property?
    This property features: Well‑maintained 4‑unit property offering a versatile income‑producing opportunity.; Strong income potential with flexibility for long‑term, seasonal, or short‑term/Airbnb rentals.; Desirable location with convenient access to major routes, local amenities, and downtown Fort Myers (via toll‑free bridge).
    More about this property
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