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513 SE 24th Avenue #1-4

Cape Coral, FL 33990
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$849,000 $3,579/Mo
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Bed 8

Bed

Bath 8

Bath

Acres0.36

Acre(Lot)

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 gutter s 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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $849,000

AD Id : 77565871

MLS Id : 226015823

Beds : 8

Lot Size : 0.36 Acre

Year Built : 1978

County : Lee

Subdivision: Cape Coral

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 8 Full Baths: 8

    Roofing Information

    Metal

    Flooring Information

    Tile

  • Interior Features

    Roof: Metal
    Window Features: SingleHung, Sliding

  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, CeilingFans, Electric

  • Building Information

    Year Built: 1978
    Building Area Total: 4660
    Construction Materials: Block, Concrete, Stucco, WoodFrame
    Pool Features: Concrete, InGround, PoolEquipment, ScreenEnclosure, Community
    Private Pool: Yes
    Water front Features: None

  • Exterior Features

    Exterior Features: Storage

  • Lot Information

    Lot Dimensions: 120 x 132 x 120 x 134 Main Square Feet: 0.361 Lot Size Acres: 0.361 Lot Size Source: Appraiser Lot Description: OversizedLot

    Property Information

    Subdivision: CAPE CORAL Source Property Type: ResidentialIncome Zoning Description: RML Property SubType: Quadruplex Property Age: 48

  • Listing Price Information

    Listing Price: $849000
    Original Price: $860000
    AllFinancingConsidered, Cash

  • Tax Information

    Parcel Number: 17-44-24-C3-01364.0230 Tax Lot: 23 Tax Block: 1364 Tax Year: 2025 Annual Tax: $10838.71 Tax Legal Desc: CAPE CORAL UNIT 18 BLK 1364 PB 13 PG 114 LOTS 23 THRU 25

  • Garage Information

    Pets Allowed: Yes

    Homeowners Association Information

    Association Amenities: Pool
    Community Features: NonGated

  • Utility Information

    CableAvailable

  • Location Information

    Direction: GPS Friendly. From Del Prado Blvd, go west on Viscaya Pkwy, then North on SE 24th Ave. The property is on the right off SE 24th Ave. WaterSource: AssessmentPaid, Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
712 SE 8th St, Cape Coral, FL, 33990 $390,000 4 2 1,800 1,800 SqFt
1242 SE 24th Avenue, Cape Coral, FL, 33990 $437,000 6 4 --
1208/1210 SE 24th Avenue, Cape Coral, FL, 33990 $449,000 6 4 2,382 2,382 SqFt
1208/1210 SE 24th Avenue, Cape Coral, FL, 33990 $449,000 6 4 --
421/423 SE 24th Avenue, Cape Coral, FL, 33990 $375,500 5 4 --
1413/1415 SE 23rd Place, Cape Coral, FL, 33990 $425,000 6 4 --
1018-1020 SE 24th Avenue, Cape Coral, FL, 33990 $499,900 6 4 --
315 SE 24th Avenue, Cape Coral, FL, 33990 $510,000 4 4 --
924 SE 24th Avenue #A B, Cape Coral, FL, 33990 $399,000 4 4 --
912 SE 24th Avenue #A, Cape Coral, FL, 33990 $479,500 4 4 --

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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/16/2026 @ 15:23

MLS: 226015823 LISTED BY: Lora Merrill, William Raveis Real Estate 239-529-5451 SOURCE: FGC

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