40K REDUCTION! BRING AN OFFER. $60,540 annual income! Check out this multifamily complex on the market! This property features a quadplex, (4 units), and a separated 1 unit building. This property is sitting at a 6.5% Cap Rate with potential of a value add! The separate 5th unit includes a fridge, sink, stovetop, standing shower, toilet, & wall AC unit. .. Each standard unit of the quadplex is 1 bed 1 bath. 2 have wall A/c and 2 have central air. Cable is available. Unit 1 is remodeled, unit 2 is the largest unit with a den but no closet so it is still considered a 1/1. Units 3 & 4 are standard 1/1's. This property also features an oversized shop across from unit 4, which is currently used at storage. The Quadplex has a new roof installed. Water and electric is connected to 1 meter. All 5 units have tenants in place as well as property management in place. There is a shared common area for laundry on site. Please call with any questions I will answer them to the best of my knowledge. I have leases to share if needed. This Property has huge upside potential! Agents Please See Remarks in regards to showings.
Multi-familyProperty Type
1982Year Built
0.59 acresLot Size
$170Est. Price/Sq.Ft.
Listed by Tyler Kinney• Cozza Investment Group Inc
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
4
Baths
5
Stories
1
Lot width
107 ft.
Lot depth
252 ft.
Lot size
0.59 Acres
Year renovated
1985
Sq. Ft.
2,527
Year built
1982
Style
Multi-Family (5+ Unit)
County
Lee County
APN
04442400000310000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 25, 2026.
RS-1
Residential Single-Family District
The purpose and intent of the RS Residential Single-Family District is to provide opportunities for the suitable location of detached, conventionally built single-family dwelling units and for facilitation of the proper development and protection of the subsequent use and enjoyment thereof.
Permitted uses
Include but are not limited to:
Community / recreation center
Housing-Group
Housing-Single unit
Office
Educational/school
Fire house
Police station
Recreation
Park & open space
Jun 8, 2018 • Final
Roof
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Bathroom Information
# of Full Bathrooms: 6
Interior Features
Window Features: Double Hung
Flooring: Tile
Multi Unit Information
# Of Units Total: 1
Multi Unit Financial Information
Gross Scheduled Income: $60,540
Operating Expense: $15,539
Unit Type 1
4 Bedroom Or More
Unit Description: Laundry Common,Cooktop,Dishwasher,Microwave,Refrigerator
# of Bedrooms: 4
# of Bathrooms Total: 6
# of Full Bathrooms: 5
# of Half Bathrooms: 1
Furnished Information: Unfurnished
Actual Rent: $5,045
Pro Forma: $5,045
Exterior
Building Information
Stories: 1
Roof Details: Shingle
Construction Details: Block, Concrete, Stucco
Land Information
Irrigation Source: Municipal
Lot Information
Lot Size Area: 0.5942
Lot Size Acres: 0.5942
Lot Size Dimensions: 118 x 228 x 115 x 228
Lot Dimensions Source: Appraiser
Lot Size Source: Appraiser
Lot Features: Rectangular Lot
Zoning Description: RS-1
Property Information
Resale
Financial
Tax Information
Annual Tax Amount: $4,695.80
Tax Year: 2021
Rental Information
Tenant Pays: Application Fee
Pets Allowed Details: Call, Conditional
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Cooling
Cooling: Central Air, Electric, Wall Unit(s)
Has Heating
Heating: Central, Electric, Wall Furnace
Location
Community Information
Community Features: Non-Gated
Public facts
Beds: 4
Baths: 5.0
Sq. Ft.: 2,527
Stories: 1.0
Lot Size: 0.59 acres
Style: Multi-Family (5+ Unit)
Year Built: 1982
Year Renovated: 1985
County: Lee County
APN: 04442400000310000
Home facts updated by county records on Sep 25, 2026
Around this home
Schools
Tropic Isles Elementary School
Public PreK-5 • Assigned • 0.6mi
5/10
North Fort Myers High School
Public 9-12 • Assigned • 0.6mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
5/10 Flood Factor
Estimated 31-43% chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.62% chance of being in a wildfire in next 30 years
10/10 Heat Factor
6 days above 106° expected this year, 26 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
North Fort Myers, FL • 33903
Average low and high temperatures (°F)
73
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61
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65
90
72
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91
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89
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86
71
81
61
78
58
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
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Sun exposure
In this area, properties receive around 9.4 hours in
June and 6.7 hours in December, placing it above the
U.S. average for solar exposure.