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13418 Pine Needle Ln

4 Unit Apartment Building Offered For Sale in Fort Myers, FL 33908

Investment Highlights

  • Unlock the potential of this 4-unit multi-family property located in Fort Myers, which is currently a stalled renovation but offers excellent upside
  • Situated on a ±0.34-acre lot, the property has seen progress in its renovation, including completed insulation, drywall, texture
  • Structurally, the roof is in excellent condition, having been installed in 2019, and the HVAC systems include three units upgraded in 2021
  • This investment boasts a total building size of ±3,408 square feet, with each unit measuring ±852 square feet and featuring 2 bedrooms and 1 bathroom
  • Rough electrical work has been completed, and new doors have been installed.
  • This property is a prime value-add opportunity, with the potential to yield strong rental income once completed.

Executive Summary

COMING TO AUCTION
AUCTION BID DATES: 12/9/2024 – 12/11/2024
STARTING BID $200,000
Broker of Record
Kyle Matthews
License No. CQ1066435 (FL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts Under Contract

Sale Type Investment
No. Units 4
Property Type Multifamily
Apartment Style Low Rise
Building Class C
Building Size 2,000 SF
No. Stories 1
Year Built 1980

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Trash Pickup - Curbside
  • Public Transportation
  • Walk-Up
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-46-23-04-00000.0100
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$93,491
  • Listing ID: 33883727

  • Date on Market: 11/15/2024

  • Last Updated:

  • Address: 13418 Pine Needle Ln, Fort Myers, FL 33908

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