Ad #7586956
MLS #226015823
Exceptional investment opportunity! This well-maintained 4-unit
513 SE 24th Ave 1-4, Cape Coral, FL 33990
$849,000
8Beds
8Baths
4,660Sqft
0.36Acres
About this property
Exceptional investment opportunity! This well-maintained 4-unit property offers strong income potential with flexibility for long-term tenants, seasonal rentals, or short-term/ 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.
Property Features
8 Beds
8 Baths
4,660 Sqft
Built in 1978
0.36 Acres
Siding: Concrete Block, Wood Frame, Stucco
Metal Roof
Has Swimming Pool
Central, Electric (Heating)
$10,839 / yr property tax
Lee County
CAPE CORAL Community
Additional Photos
Contact Information
Lora Merrill
William Raveis Real Estate
239-290-9151
Location
Listing Agent: Lora Merrill 239-290-9151
Broker: William Raveis Real Estate 239-293-6225 Listing Site
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.
Broker: William Raveis Real Estate 239-293-6225 Listing Site
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.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$849,000
8
Beds
8
Baths
4,660
Sqft
513 SE 24th Ave 1-4, Cape Coral, FL 33990
By contacting this agent you agree to these Terms and Conditions.
MLS# 226015823
Exceptional investment opportunity! This well-maintained 4-unit
$849,000
513 SE 24th Ave 1-4, Cape Coral, FL 33990
8
Beds
8
Baths
4,660
Sqft
0.36
Acres
$849,000
513 SE 24th Ave 1-4, Cape Coral, FL 33990
8 Beds
8 Baths
4,660 Sqft
0.36 Acres
Exceptional investment opportunity! This well-maintained 4-unit property offers strong income potential with flexibility for long-term tenants, seasonal rentals, or short-term/ 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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Property Details
HOME DETAILS
8 Beds
8 Baths
4,660 Sqft
Built in 1978
0.36 Acres
EXTERIOR
Siding: Concrete Block, Wood Frame, Stucco
Metal Roof
Has Swimming Pool
INTERIOR
Central, Electric (Heating)
FINANCIAL & COMMUNITY
$10,839 / yr property tax
Lee County
CAPE CORAL Community
See More Details
Location
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Ad Statistics
Ad Number
7586956
Viewed
71 times
Listing Status
Active
Added
Apr 17, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Naples Area Board of REALTORS
Source Property ID
226015823
Listing Agent: Lora Merrill 239-290-9151
Broker: William Raveis Real Estate 239-293-6225 Listing Site
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.
Broker: William Raveis Real Estate 239-293-6225 Listing Site
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.
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