# 513 SE 24th Ave, CAPE CORAL, FL 33990

> **TL;DR:** 8bd/8ba residential multi family, $860,000 ($185/sqft), built 1978, 4,660 sqft.
> Pool, A/C. Est. $3,727/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $860,000 |
| Price/sqft | $185 |
| Bedrooms | 8 |
| Bathrooms | 8 full |
| Square Feet | 4,660 |
| Year Built | 1978 |
| Lot Size | 15,725 sqft (0.36 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Why This Home Stands Out

- **Pool** - Private pool

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,727 |
| **Total** | **$3,727** |

## Key Amenities

- Pool
- A/C

## Property Highlights

- Built in 1978
- 0.36 acre lot
- Private pool

## Description

### Agent Description
Exceptional investment opportunity! This well-maintained 4-unit property offers strong income potential with flexibility for long-term tenants, seasonal rentals, or short-term/Airbnb use. Ideally situated just off the Hancock Bridge Parkway on SE 24th Ave, the property is located in a desirable area with convenient access to major routes and local amenities. The property features an inviting shared outdoor space highlighted by a refurbished (2025) fully screened pool enclosure and in-ground pool, creating a private and attractive setting for residents or guests. Each unit also includes its own patio area, enhancing tenant comfort and rental appeal. Significant recent upgrades provide added value and peace of mind, including professionally painted exterior (2025), new metal roofs and gutters on both buildings (2025), refurbished pool cage and screening (2025), new HVAC systems in two units (2023/2024), new water heaters in two units (2024), and a new pool pump (2023). These improvements reduce near-term maintenance costs and support stable operation. The location is a standout feature, offering quick access to the Caloosahatchee River Bridge (no tolls) for an easy commute to downtown Fort Myers. The property is also just minutes from parks, Gulf beaches, shopping centers, restaurants, and the many attractions that Cape Coral and Southwest Florida are known for. Whether you're expanding your portfolio or seeking a versatile income-producing property in a high-demand rental area, this is an opportunity you don't want to miss.

## Location

- **Address:** 513 SE 24th Ave, CAPE CORAL, FL 33990
- **County:** Lee
- **Coordinates:** 26.6430032, -81.9238069
- **Google Maps:** https://www.google.com/maps?q=26.6430032,-81.9238069

## Listing Agent

- **Name:** Lora Merrill
- **Brokerage:** William Raveis Real Estate
- **Phone:** 2392909151
- **Email:** lora.a.merrill@raveis.com

## Primary Photo

![513 SE 24th Ave - Primary Photo](http://lh.rdcpix.com/ee4cd0b6b0abf71b44d487bab810530al-f391382016r.jpg)

*47 total photos available on [listing page](https://www.propertysimple.com/listing/513-se-24th-ave-cape-coral-fl-33990-26015823)*

---

**MLS#:** 226015823 | **Updated:** 2026-05-01
**Source:** listhub

*Copyright © 2026 Naples Area Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/513-se-24th-ave-cape-coral-fl-33990-26015823)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "513 SE 24th Ave, CAPE CORAL, FL 33990",
  "description": "Exceptional investment opportunity! This well-maintained 4-unit property offers strong income potential with flexibility for long-term tenants, seasonal rentals, or short-term/Airbnb use. Ideally situated just off the Hancock Bridge Parkway on SE 24th Ave, the property is located in a desirable area with convenient access to major routes and local amenities. The property features an inviting shared outdoor space highlighted by a refurbished (2025) fully screened pool enclosure and in-ground pool",
  "url": "https://www.propertysimple.com/listing/513-se-24th-ave-cape-coral-fl-33990-26015823",
  "image": "http://lh.rdcpix.com/ee4cd0b6b0abf71b44d487bab810530al-f391382016r.jpg",
  "datePosted": "2026-05-01",
  "price": 860000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "513 SE 24th Ave",
    "addressLocality": "CAPE CORAL",
    "addressRegion": "FL",
    "postalCode": "33990",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 26.6430032,
    "longitude": -81.9238069
  },
  "numberOfRooms": 8,
  "numberOfBathroomsTotal": 8,
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 4660,
    "unitCode": "FTK"
  },
  "yearBuilt": 1978
}
```