$8,609

closing credit¹

13401 Pine Needle Ln Fort Myers, FL 33908

$725,000
8 beds
4 full
0.3 acres
Multi-Family

Property details

About 13401 Pine Needle Ln

Welcome to 13401 Pine Needle Ln, Fort Myers, FL 33908, a fantastic investment opportunity nestled in a serene neighborhood. This quadplex boasts a remarkable 9%+ CAP rate, making it an attractive option for savvy investors. Each of the four units has been meticulously renovated and updated, ensuring modern comfort and convenience for tenants. Currently, three of the units are rented, with two fetching $1,800 per month and one at $1,500. The remaining unit is available and listed at $1,700, offering potential for immediate rental income. Each unit is equipped with its own washer & dryer, providing added convenience for tenants. The property features new A/C condenser units across all units, with two units also benefiting from new air handlers, ensuring efficient climate control and reduced maintenance concerns. The charming courtyard entrance adds a touch of elegance and provides a welcoming atmosphere for residents. Located in a desirable area of Fort Myers, this property is close to various amenities and attractions. Nearby, you'll find popular spots such as the Gulf Coast Town Center for shopping and dining, and the beautiful beaches of Fort Myers & Sanibel Island are just a short drive away. This quadplex is not just a property; it's a promising investment with a solid return potential. Don't miss out on the opportunity to own a piece of Fort Myers real estate that combines modern living with excellent income prospects.

Highlights

Home typeQuadruplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Lot size0.335 Acres
Year built1980
MLS #225015667

Summary

  • MLS Number: 225015667
  • MLS Name: SWFL
  • Office Name: Epique Realty, Inc.
  • Office Phone: (888) 893-3537
  • Office Email: FLBroker@EpiqueRealty.com
  • Listing Agent: Hank Bertodatto

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/13/2025, 8:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of property featuring a front lawn

$725,000

13401 Pine Needle Ln

$8,609

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 05, 2023
Home Sold
$432,000
Apr 10, 2019
Home Sold
$420,000
May 06, 2003
Home Sold
$226,000
Jan 25, 2000
Home Sold
$165,000

Tax history

YearAssessmentProperty Tax
2023$536,860$8,468
2022$499,406$5,738
2021$381,572$6,284
2020$345,610$6,284

History based on county public records data.

Nearby schools

1

Harlem Heights Community Charter School

Public Charter KG-5

3.3 mi

15570 Hagie Dr

6

Heights Elementary School

Public District KG-5

3.6 mi

15200 Alexandria Ct

10

Fort Myers Beach Elementary School

Public District KG-5

4.2 mi

2751 Oak St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $70,249. Typical income of Fort Myers, FL residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

27%
<35k
35%
35k-100k
24%
100k-200k
14%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

42%
Single, No Kids
4%
Single, with Kids
42%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
5%
12-17 yrs old
11%
18-34 yrs old
44%
35-64 yrs old
31%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • Hiking/backpackingHiking/backpacking
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Stein MartStein Mart
  • Nordstrom RackNordstrom Rack
  • Chico'sChico's

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • ChipotleChipotle
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • BuickBuick
  • MazdaMazda
  • LincolnLincoln

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • RockRock
  • ClassicalClassical
All data provided by Home Junction and Claritas

This home is located at 13401 Pine Needle Ln in Fort Myers, FL and zip code 33908 in the Iona neighborhood. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 10, 2025 and is currently priced at $725,000.

In January 2025, from all listings sold in Fort Myers, FL there were more than 8 sold above asking price, over 212 sold below and more than 35 were sold right at the asked price. In January 2025 in Fort Myers, FL there were 21.3% more homes for sale than in December. In January 2025, listings were on the market for 82 days. During the same period, the median list price in this real estate market was $374,744.

From Rocket Homes Real Estate and based on county public records data.

More resources