UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,368 sqft
Price per Sqft $225
Subdivision Fort Myers
MLS Listing ID 2025019650
Style Two Story,See Remarks
Bedrooms 8
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1980
Annual Tax Amount $5,947
Tax Year 2025
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions Appraiser
Property Sub-Type Quadruplex
Property Description
and is fully occupied with long-term renters, providing immediate and reliable income. This property is NOT in an HOA! Thoughtful renovations on the lower two units completed in 2022. These units showcase coastal-inspired tile plank flooring, fresh drywall and insulation, updated electrical, updated baseboards, and light, airy interior paint. Kitchens on the lower level have been refreshed with modern appliances, updated cabinetry, granite countertops, and sleek fixtures—perfect for relaxed beachside living.
Additionally, the upper left unit underwent a complete remodel in 2021, including a fully updated bathroom, new kitchen cabinets with granite countertops, new range, microwave, and refrigerator, kitchen LVP flooring, new carpet, updated electrical, modern fixtures, and fresh paint throughout. Upper right also has significant improvements providing confidence for years to come, including a new roof installed in 2023 and all HVAC replacements in 2021, 2023, and 2024. The front and rear lanais were fully rebuilt in 2023 with new framing and screens, creating inviting outdoor spaces to enjoy the Florida breeze. Adding to the property's appeal is a spacious, fenced-in backyard complete with owners shed—an inviting outdoor retreat ideal for relaxing evenings, tenant enjoyment, and enhancing rental desirability.
With its desirable location near Sanibel's beaches, extensive updates, and an impressive 7.1% cap rate, this quadplex offers a rare opportunity to combine strong cash flow with the charm of coastal living. Serious offers only.
Location
State FL
County Lee
Community Fort Myers
Area Fm15 - Fort Myers Area
Rooms
Bedroom Description NaN
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Tile, Vinyl
Furnishings Furnished
Fireplace No
Window Features Single Hung
Exterior
Exterior Feature Fence
Utilities Available Cable Available
Amenities Available None
Waterfront Description None
Water Access Desc Public
Roof Type Shingle
Garage No
Private Pool No
Building
Lot Description Rectangular Lot
Dwelling Type Quadruplex
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Two Story, See Remarks
Level or Stories Two
Additional Building Outbuilding
Structure Type Block,Concrete,Stucco
Construction Status Resale
Others
Pets Allowed Call, Conditional
Senior Community No
Tax ID 02-46-23-04-00000.0020
Acceptable Financing All Financing Considered, Cash
Disclosures Owner Has Flood Insurance, Seller Disclosure
Listing Terms All Financing Considered, Cash
Pets Allowed Call, Conditional
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2025019650
GET MORE INFORMATION
Billee Silva, PA, ABR SRS
Licensed Realtor | License ID: P3275278
Licensed Realtor License ID: P3275278