NOT LISTED FOR SALE
12 Beds
12 Baths
6,000 Sq Ft
0.4 Acre Lot

Sale Details

Date Sold: May 13, 2024

Last sale price $1,300,000 $217 Per Sq Ft

158 Days on Market

Highlights

  • Oversized Lot
  • Central Heating and Cooling System
  • Fenced
  • Tile Flooring

About This Home

As of May 2024

Check out this incredible 6 UNIT multifamily in Cape Coral! Each unit has 2 bedrooms and 2 bathrooms, 4 of the units are on a single floor and 2 units have a split level layout like a townhouse. Private laundry hookups, lanai space and plenty of parking can be found. Almost all of the units have been fully renovated and up to date. Located in central Cape Coral near central business district, Midpoint Bridge, and the Cape Coral Hospital. This income producing property can be your next great investment.

Last Agent to Sell the Property

Isabella Gonzalez

M&M Realty Solutions LLC License #258028216 Listed on: 12/06/2023

Co-Listed By

Angel Gonzalez

M&M Realty Solutions LLC License #258007762

Last Buyer's Agent

Linda Carter

RE/MAX Trend License #258002345

RE/MAX Trend

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,997

Year Built

  • Built in 2007

Lot Details

  • 17,380 Sq Ft Lot
  • Lot Dimensions are 144 x 125 x 144 x 125
  • Fenced
  • Oversized Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 6,000 Sq Ft Home
  • Single Hung Windows

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for departure cleaning, electricity, internet, water
  • Legal Lot and Block 38 / 769
  • Assessor Parcel Number 19-44-24-C1-00769.0380

Community Details

Overview

  • 6 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $23,143
  • Net Operating Income $130,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,997

Year Built

Built in 2007

Lot Details

0.4 Acres

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.399
  • Lot Size: 144 x 125 x 144 x 125
  • Co List Office Mls Id: FMMR2
  • Co List Office Phone: 239-656-1620
  • Subdivision Name: CAPE CORAL
  • Directions: Head North on Country Club, past veterans, make a right onto SE tenth st, make another right onto SE 11th St
  • Architectural Style: Other
  • Structure Type: Quadruplex
  • Year Built: 2007
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 10
  • Half Bathrooms: 2
  • Total Bedrooms: 12
  • Flooring: See Remarks, Tile, Vinyl
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Oversized Lot, See Remarks
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Agent has Financial Interest
  • Construction Type: Block, Concrete, See Remarks, Stucco
  • Exterior Features: Fence
  • 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

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

Lot Info

  • Parcel #: 19-44-24-C1-00769.0380
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Departure Cleaning, Electricity, Internet, Water

Multi Family

  • Number Of Units Total: 6
  • Property Net Operating Income: 130680.0
  • Annual Operating Expense: 23143.0

Tax Info

  • Tax Annual Amount: 8996.61
  • Tax Block: 769
  • Tax Lot: 38
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
May 13, 2024
Sold by
Bought by
Seller's Agent
Isabella Gonzalez
M&M Realty Solutions LLC
Buyer's Agent
Linda Carter
RE/MAX Trend
List Price
$1,400,000
Sold Price
$1,300,000
Premium/Discount to List
-$100,000
-7.14%
Views
125

Purchase Details

Closed on
Oct 11, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,950
Interest Rate
5.89%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 14, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 4, 2005
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 2003
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 2003
Sold by
Bought by

Purchase Details

Closed on
May 29, 2002
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,300,000 Sunkissed Title Group
$950,000 --
$435,000 Attorney
$180,000 Title Professionals Of Fl
$21,700 --
$15,000 --
$25,100 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $768,950
Previous Owner $304,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/15/2024 05/15/24 Pending -- -- --
05/13/2024 05/13/24 Sold $1,300,000 -7.1% $217 / Sq Ft
04/12/2024 04/12/24 For Sale $1,400,000 +7.7% $233 / Sq Ft
04/09/2024 04/09/24 Off Market $1,300,000 -- --
03/03/2024 03/03/24 Off Market $1,400,000 -- --
02/29/2024 02/29/24 For Sale $1,400,000 0.0% $233 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
01/22/2024 01/22/24 For Sale $1,400,000 0.0% $233 / Sq Ft
12/06/2023 12/06/23 For Sale $1,400,000 -- $233 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,778 $577,126
2025 $9,778 $524,660 $106,906 $417,754
2024 $9,246 $496,801 $83,520 $371,325
2023 $9,292 $496,749 $74,283 $404,768
2022 $8,997 $489,204 $57,840 $411,971
2021 $9,345 $485,308 $85,704 $399,604
2020 $8,923 $448,465 $60,546 $387,919
2019 $8,147 $405,851 $54,192 $351,659
2018 $7,526 $352,003 $19,131 $332,872
2017 $7,292 $334,985 $16,939 $318,046
2016 $7,392 $341,642 $36,563 $305,079
2015 $7,175 $323,418 $29,862 $293,556
2014 $7,065 $311,719 $46,408 $265,311
2013 -- $335,171 $36,967 $298,204
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223088354

Florida Gulf Coast Multiple Listing Service
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