$900,000

Estimated payment $5,483/month

Total Views 894
8 Beds
8 Baths
4,428 Sq Ft
$203 Price per Sq Ft

Highlights

  • 0.71 Acre Lot
  • Oversized Lot
  • Tile Flooring
  • North Fort Myers High School Rated A
  • Jalousie or louvered window
  • Central Heating and Cooling System

About This Home

Anothere nice property just listed..Welcome to 1992 Queen Street in beautiful North Fort Myers—a rare and exciting opportunity to own a spacious and versatile multi-unit property in a prime location. This impressive fourplex offers eight bedrooms and eight bathrooms across approximately 4,860 square feet, set on a generous 0.72-acre lot. Each unit includes its own private screened lanai, perfect for enjoying Florida’s sunshine year-round. Solidly built with block and stucco construction, the property combines comfort, privacy, and long-term durability. Previously operated as an assisted living facility GENERATING OVER $30k per month, the layout is ideal for a variety of uses—multi-family rentals, extended family living, or specialty housing. With RM-2 zoning, ample parking, and a strong rental history, the possibilities are endless. Whether you're an investor seeking stable returns or a visionary ready to transform this space into something extraordinary, 1992 Queen Street is ready to exceed expectations. Don’t miss this incredible chance to own a truly unique property!

Listing Agent

Carl Christian

The Nice Agent Co. License #278527200 Listed on: 06/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,656

Year Built

  • Built in 1975

Lot Details

  • 0.71 Acre Lot
  • Lot Dimensions are 45 x 78 x 45 x 78
  • Fenced
  • Oversized Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 4,428 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Jalousie or louvered window

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2A / 7
  • Assessor Parcel Number 35-43-24-00-00007.002A

Community Details

Overview

  • 4 Units
  • Admirals Bay Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $230,000
  • Net Operating Income $15,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,656

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.713
  • Lot Size: 45 x 78 x 45 x 78
  • Subdivision Name: ADMIRALS BAY
  • Directions: OLD 41 NORTH TO RIGHT ON POWERLL DRIVE (JUST PAST WEAVERS CORNER) TO LEFT ON QUEEN
  • Architectural Style: Ranch, One Story
  • Building Stories: 1
  • Structure Type: Quadruplex
  • Year Built: 1975
  • Property Sub Type Additional: Quadruplex
  • Pets No Pets Comments: ,,,
  • Special Features: None
  • Stories: 1

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Flooring: Carpet, Tile
  • Window Features: Jalousie

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: Fence
  • Other Structures: Outbuilding
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 35-43-24-00-00007.002A
  • Zoning Description: RM-2

Rental Info

  • Tenant Pays: Grounds Care, Janitorial Service

Multi Family

  • Number Of Units Total: 4
  • Property Net Operating Income: 15000.0
  • Annual Operating Expense: 230000.0

Tax Info

  • Tax Annual Amount: 6656.3
  • Tax Block: 7
  • Tax Lot: 2A
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,656 $452,139 $93,168 $332,869
2023 $6,730 $451,855 $29,272 $406,871
2022 $6,719 $447,795 $30,176 $401,350
2021 $6,926 $447,397 $48,873 $398,524
2020 $4,208 $445,390 $29,752 $415,638
2019 $3,908 $410,028 $34,418 $375,610
2018 $4,350 $480,256 $41,103 $439,153
2017 $4,468 $491,386 $43,377 $448,009
2016 $4,321 $477,466 $58,612 $418,854
2015 $3,905 $414,377 $27,373 $387,004
2014 $4,440 $394,408 $26,050 $368,358
2013 -- $375,762 $7,128 $368,634
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 For Sale $900,000 -- $203 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $750,000 Premier Florida Title
Warranty Deed -- Security Ttl & Abstract Llc
Warranty Deed $220,000 Security Title & Trust Inc
Warranty Deed -- --
Warranty Deed $172,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $691,000 New Conventional
Previous Owner $150,000 Future Advance Clause Open End Mortgage
Previous Owner $176,000 Commercial
Previous Owner $160,000 Commercial
Previous Owner $137,600 Commercial
Source: Public Records

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225055238

Florida Gulf Coast Multiple Listing Service

APN: 35-43-24-00-00007.002A