513 SE 24th Ave #1-4, Cape Coral, FL 33990 - Photo 1

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$860,000 Just Listed

For Sale
Active
Multi-Family
4 Units
0.361 Acres
Updated 1 day ago

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Property Description

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 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.

Full Property Details

Full Property Details for 513 SE 24th Ave #1-4

General

Price: $860,000
Taxes: (2025)
Status: Active
Type: Multi-Family
Source: Bonita_Springs
MLS ID: 226015823
Updated: 4/17/2026
Added to Site: 1 day(s) ago

Interior

Flooring: Tile

Rooms

Bathrooms

Total Bathrooms: 8
Full Bathrooms: 8

Bedrooms

Total Bedrooms: 8

Additional Information

Shared Amenities: Pool, Non-Gated
Pool: Yes
Private Pool: Yes
Pool Description: In Ground, Concrete, Equipment Stays, Screen Enclosure

Exterior

Exterior Features: Storage

Location

Area: CC14 - Cape Coral Unit 16, 18, 22-
County: Lee
Subdivision: CAPE CORAL
Building Name: CAPE CORAL
Driving Directions: 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.

Community

Units Assoc/Comm: 4
Pets Allowed: Yes

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Ceiling Fan(s), Central Electric
Heating Type: Central Electric

Utilities

Sewer: Assessment Paid, Central
Water: Assessment Paid, Central
Cable Available: Yes
Utility Description: Cable Available

Structural Information

# Buildings: 2
Description/Design: Quadruplex
Exterior Const.: Concrete Block, Wood Frame, Stucco
Roof: Metal
Windows: Single Hung, Sliding
Year Built: 1978

Lot Features

Lot Size (Acres): 0.361
Lot Size (Sq. Ft.): 15,725
Lot Size Source: Property Appraiser Office
Lot Dimensions: 120 x 120 x 132 x 134
Frontage: Public Road
Frontage Feet: 120
Street/Road Desc.: Paved
Road Maintenance: City Maintained
Irrigation System: Assessment Paid, Central
Lot Features: Oversize
Zoning: RML
Lot Description: Oversize

Water Features

Water Front Desc.: None
Canal Width: None

Financial Considerations

Operating Expenses: $25,960
Tax Year: 2025
Terms: Buyer Finance/Cash
Tenant Pays: Application Fee, Cable TV, Cleaning Fee, Departure Cleaning, Electricity, Telephone, Internet Access, Pet Deposit, Sewer, Water

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 18 BLK 1364 PB 13 PG 114 LOTS 23 THRU 25
Property ID: 17-44-24-C3-01364.0230
Section: 17
Block: 1364
Lot Number: 23

Listed by William Raveis Real Estate

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— 513 SE 24th Ave #1-4 —

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Schools

Schools serving 513 SE 24th Ave #1-4

School District:Lee County School District, Fort Myers, FL

Name	Grades	Distance
Caloosa Elementary School 620 Del Prado Boulevard South, Cape Coral, FL 33990	K-5	1.1 mi
Hancock Creek Elementary School 1601 Skyline Drive, North Fort Myers, FL 33903	K-5	1.4 mi
Tropic Isles Elementary School 5145 Orange Grove Boulevard, North Fort Myers, FL 33903	K-5	1.5 mi
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990	6-8	1.2 mi
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909	6-8	3.3 mi
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903	9-12	1.6 mi
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991	9-12	4.1 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	5.3 mi
Diplomat Elementary School 1115 Northeast 16th Terrace, Cape Coral, FL 33909	K-5	3.3 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 513 SE 24th Ave #1-4 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

4/17/2026

Listed

$860,000

32.51%

MLS

6/30/2021

Sold

$649,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 513 SE 24th Ave #1-4

Year

Property Taxes

Change

Tax Assessment

Change

2025

$10,839

10%

$478,568

-9%

2024

$9,839

14%

$523,239

32%

2023

$8,639

$395,511

2021

$8,375

-18%

$383,185

-26%

2022

$10,163

21%

$515,752

44%

2021

$8,375

$357,733

2019

$7,786

$338,434

10%

2018

$7,244

18%

$307,667

2017

$6,149

15%

$304,409

33%

2016

$5,359

10%

$229,536

19%

2015

$4,872

—

$192,191

-12%

2014

$4,887

14%

$217,881

18%

2013

$4,304

—

$185,119

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 513 SE 24th Ave #1-4

513 SE 24th Ave #1-4, Cape Coral, FL 33990 (MLS# 226015823) is a Multi-Family property with 4 units containing 8 bedrooms and 8 full bathrooms. 513 SE 24th Ave #1-4 is currently listed for $860,000 and was received on April 17, 2026. Want to learn more about 513 SE 24th Ave #1-4? Do you have questions about finding other Multi-Family real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.

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513 SE 24th Ave #1-4 Cape Coral, FL 33990