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$690,000
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Property Description
Rarely available quadplex for sale in the heart of Cape Coral. This fantastic opportunity boasts a total of 8 bedrooms and 8 bathrooms spread across four separate units. Each unit features a comfortable and spacious 2-bedroom, 2-bathroom layout, making it perfect for renters. All units have their own screened in lanai (two units in the front, and two in the back). Whether you're a seasoned investor aiming to grow your portfolio or an owner-occupant wanting to live in one unit and rent out the rest, this property is a winner! Recent upgrades include a new roof in 2019, fresh exterior paint in 2024, a new AC unit in Unit C in 2023, a new dishwasher in Unit B in 2024, and a new refrigerator in Unit D in 2022, updated luxury vinyl flooring in Unit D in 2024. The courtyard area boasts a meticulously planned and executed landscaping design, including lush and vibrant greenery. For tenants, privacy is key. Strategically planted hedges offer a natural screen, providing a sense of seclusion and peace. Looking for a hassle-free investment that starts paying you back right away? This property comes with the fantastic advantage of already having long-term tenants in place! All four units are tenant occupied. Plus, you can rest easy knowing the property has been professionally managed, ensuring smooth operations and happy tenants. This means instant income and a smooth transition for you as the new owner. This property boasts a highly desirable central location, placing residents within easy reach of essential amenities. Its proximity to hospitals, reputable schools, entertainment, restaurants and a variety of shopping destinations guarantees unparalleled convenience for tenants. Don't miss this opportunity - call now to arrange your visit!
Full Property Details
Full Property Details for 918 SE 24th Ave #A
General
- Sold For: $690,000
- Taxes: (2024)
- Status: Closed
- Type: Multi-Family
- Source: Bonita_Springs
- MLS ID: 225040494
- Added to Site: 270 day(s) ago
Interior
- Flooring: Carpet, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 8
Additional Information
- Shared Amenities: None, Non-Gated
Exterior
- Exterior Features: Courtyard
Location
- Area: CC14 - Cape Coral Unit 16, 18, 22-
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Driving Directions: From Viscaya Pkwy, South onto SE 24th Ave, properties are on your right.
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
- Water: Assessment Paid
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Description/Design: Quadruplex
- Exterior Const.: Concrete Block, Stucco
- Roof: Shingle
- Windows: Single Hung
- Year Built: 1980
Lot Features
- Lot Size (Acres): 0.386
- Lot Size (Sq. Ft.): 16,814
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 120 x 120 x 140 x 140
- Frontage Feet: 120
- Irrigation System: Assessment Paid
- Zoning: R3-D
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Operating Expenses: $12,360
- Tax Year: 2024
- Terms: Buyer Finance/Cash
- Tenant Pays: Electricity, Water
Disclosures and Reports
- Legal Description: CAPE CORAL UNIT 18 BLK 1399 PB 13 PG 108 LOTS 29 THRU 31 + VAC INST# 2008000115643
- Property ID: 20-44-24-C2-01399.0290
- Section: 20
- Block: 1399
- Lot Number: 29
Listed by Century 21 Sunbelt Realty
Sold by United Realty Group Inc
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Schools
Schools serving 918 SE 24th Ave #A
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 | 1.7 mi |
Tropic Isles Elementary School 5145 Orange Grove Boulevard, North Fort Myers, FL 33903 | K-5 | 2 mi |
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990 | 6-8 | 1.3 mi |
Diplomat Middle School 1039 Northeast 16th Terrace, Cape Coral, FL 33909 | 6-8 | 3.8 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 4.1 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 2 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 3.8 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 5.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 918 SE 24th Ave #A
Date
Details
Price
Change
Source
7/28/2025
Sold
$690,000
-7.38%
MLS
5/22/2025
Price Reduced
$745,000
-3.25%
MLS
5/07/2025
Price Reduced
$770,000
-1.91%
MLS
4/22/2025
Listed
$785,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
918 SE 24th Ave #A, Cape Coral, FL 33990 (MLS# 225040494) is a Multi-Family property that was sold at $690,000 on July 28, 2025. Want to learn more about 918 SE 24th Ave #A? 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.

