$660,000
SOLD SEP 9, 2025

13401 Pine Needle Ln Fort Myers, FL 33908

8 Beds
4 Baths
3,408 Sq Ft
0.34 Acres

Recently Sold

$194 Per Sq Ft

6% Below List Price

212 Days on Market

Highlights

  • Oversized Lot
  • Courtyard
  • Central Heating and Cooling System
  • Fort Myers High School Rated A
  • Tile Flooring
  • Privacy Fence

About This Home

As of September 2025

BUYER FINANCING FELL THROUGH! OVER APPRAISED at $713,000! Welcome to 13401 Pine Needle Ln, Fort Myers, FL 33908, a fantastic investment opportunity nestled in a serene neighborhood. This quadplex boasts a remarkable 8%+ 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, all units are rented, with one fetching $1,800 per month, one at $1,700 per month, and the remaining two at $1,600 per month. 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. Appraisal, Home Inspection, 4-Point, & Wind Mitigation available upon request!

Last Agent to Sell the Property

Hank Bertodatto

Epique Realty, Inc. License #251536118 Listed on: 02/09/2025

Epique Realty, Inc.

Last Buyer's Agent

Dominick Clarizio

The Agency Naples License #374012988

The Agency Naples

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,616

Year Built

  • Built in 1980

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 124 x 106 x 139 x 108
  • Privacy Fence
  • Oversized Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,408 Sq Ft Home
  • 1-Story Property
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Courtyard

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for application fee, cable TV, electricity, internet
  • Tax Lot 1
  • Assessor Parcel Number 02-46-23-04-00000.0010

Community Details

Overview

  • 4 Units
  • Fort Myers Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $14,600
  • Net Operating Income $67,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,616

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.335
  • Lot Size: 124 x 106 x 139 x 108
  • Subdivision Name: FORT MYERS
  • Architectural Style: Ranch, One Story
  • Building Stories: 1
  • Structure Type: Quadruplex
  • Year Built: 1980
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Courtyard, Privacy Wall
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: None
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 02-46-23-04-00000.0010
  • Zoning Description: RM-2

Rental Info

  • Tenant Pays: Application Fee, Cable TV, Electricity, Internet

Multi Family

  • Number Of Units Total: 4
  • Property Net Operating Income: 67000.0
  • Annual Operating Expense: 14600.0

Tax Info

  • Tax Annual Amount: 8615.92
  • Tax Lot: 1
  • Tax Year: 2024

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 Sold $660,000 -5.0% $194 / Sq Ft
09/09/2025 09/09/25 Pending -- -- --
07/28/2025 07/28/25 Price Changed $695,000 -0.7% $204 / Sq Ft
06/12/2025 06/12/25 For Sale $700,000 0.0% $205 / Sq Ft
05/27/2025 05/27/25 Pending -- -- --
03/21/2025 03/21/25 Pending -- -- --
03/20/2025 03/20/25 Price Changed $700,000 -3.4% $205 / Sq Ft
03/12/2025 03/12/25 For Sale $725,000 0.0% $213 / Sq Ft
02/09/2025 02/09/25 For Sale $725,000 0.0% $213 / Sq Ft
10/19/2020 10/19/20 Rented -- -- --
09/19/2020 09/19/20 Under Contract -- -- --
09/09/2020 09/09/20 For Rent $1,075 -- --
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225015667

Florida Gulf Coast Multiple Listing Service