$520,000
SOLD JAN 21, 2025
8 Beds
4 Baths
-- Sq Ft
0.28 Acres

Recently Sold

10% Below List Price

148 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Tile Flooring
  • Rectangular Lot
  • Fort Myers High School Rated A
  • Central Heating and Cooling System
  • Fenced

About This Home

As of January 2025

Affordable investment opportunity This solidly built quadruplex offers four identical 2-bedroom, 1-bathroom units, perfect for long-term tenants or first-time investors. Each unit features a practical layout with a cozy living area, a functional kitchen. Located in a convenient access to public transportation, local shops, and schools, this property is ideal for tenants looking for affordable housing. Long-term tenants in place with consistent rental income, Separate meters for each unit (tenants pay their own utilities).

Last Agent to Sell the Property

Claudia Sotelo

Cash Flow Realty Inc License #785011084 Listed on: 08/26/2024

Last Buyer's Agent

Yeisy Fuentes

Sonia Rios Realty License #279666504

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,110

Year Built

  • Built in 1971

Lot Details

  • 0.28 Acre Lot
  • Fenced
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • Single Hung Windows

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 15 / 25
  • Assessor Parcel Number 11-45-24-05-00025.0150

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Pine Manor Subdivision
  • Operating Expense $7,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,110

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • Subdivision Name: PINE MANOR
  • Directions: GPS
  • Architectural Style: Duplex
  • Structure Type: Quadruplex, Duplex
  • Year Built: 1971
  • Property Sub Type Additional: Duplex,Quadruplex
  • Pets No Pets Comments: ,,,
  • Special Features: Auction

Interior Features

  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: See Remarks, Terrazzo, Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Agent has Financial Interest
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Fence
  • Property Condition: Resale
  • Roof: Shingle

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 11-45-24-05-00025.0150
  • Zoning Description: TFC-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, See Remarks

Multi Family

  • Annual Operating Expense: 7000.0

Tax Info

  • Tax Annual Amount: 4109.84
  • Tax Block: 25
  • Tax Lot: 15
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Jan 21, 2025
Sold by
Trevica Properties Llc and Muniment Llc
Bought by
Dominguez Juan
Seller's Agent
Claudia Sotelo
Cash Flow Realty Inc
Buyer's Agent
Yeisy Fuentes
Sonia Rios Realty
List Price
$575,000
Sold Price
$520,000
Premium/Discount to List
-$55,000
-9.57%
Views
20
Current Estimated Value
$502,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,307
Avg. Annual Appreciation
-6.81%
Original Mortgage
$390,000
Outstanding Balance
$388,957
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$113,736

Purchase Details

Closed on
Aug 20, 2015
Sold by
Leach Cindra S
Bought by
Trevica Properties Llc

Purchase Details

Closed on
Dec 21, 2010
Sold by
Leach Cindra S
Bought by
Leach Cindra S and The Cindra S Leach Revocable Trust

Purchase Details

Closed on
Nov 29, 2010
Sold by
Leach Condra S
Bought by
Leach Cindra S and Michael R Leach Revocable Trust

Purchase Details

Closed on
Nov 15, 2007
Sold by
Leach Michael R
Bought by
Leach Micheal R

Purchase Details

Closed on
Feb 2, 2006
Sold by
Leach Michael R
Bought by
Leach Michael R and Michael R Leach Revocable Trust

Purchase Details

Closed on
Jan 11, 1999
Sold by
Watt Jennifer E and Scalora Jennifer E
Bought by
Leach Michael P and Sangmaster Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
6.72%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $520,000 Sun National Title
Warranty Deed $97,500 Entitle Llc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- None Available
Warranty Deed $88,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $390,000 New Conventional
Previous Owner $79,200 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2025 04/12/25 Price Changed $1,600 +3.2% $2 / Sq Ft
03/03/2025 03/03/25 For Rent $1,550 0.0% --
01/31/2025 01/31/25 Pending -- -- --
01/21/2025 01/21/25 Sold $520,000 -9.5% --
01/10/2025 01/10/25 Pending -- -- --
11/11/2024 11/11/24 Price Changed $574,900 0.0% --
11/07/2024 11/07/24 For Sale $575,000 0.0% --
08/26/2024 08/26/24 For Sale $575,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

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 $4,952 $181,346 -- --
2023 $4,110 $164,860 $0 $0
2022 $3,912 $149,873 $0 $0
2021 $3,420 $209,650 $20,872 $188,778
2020 $3,225 $187,340 $16,800 $170,540
2019 $2,710 $122,736 $10,400 $112,336
2018 $2,620 $118,701 $10,400 $108,301
2017 $2,464 $104,171 $8,000 $96,171
2014 -- $68,690 $6,648 $62,042
Source: Public Records

Agents Affiliated with this Home

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Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224069984

Florida Gulf Coast Multiple Listing Service

APN: 11-45-24-05-00025.0150