NOT LISTED FOR SALE

1314 SE 40th Terrace Cape Coral, FL 33904

Caloosahatchee Neighborhood
4 Beds
4 Baths
-- Sq Ft
9,583 Sq Ft Lot

Last Sold November 13, 2017

Last sale price $275,000

3 Days on Market

About This Home

As of November 2017

Fully rented 4-plex that generates $35,880 annual rental income. Low costs to insure. New roof, a/c units, and building paint.

Last Agent to Sell the Property

Keith Gordon

ADDVANTAGE Listed on: 10/04/2017

Last Buyer's Agent

John Ellwood Jr

Miloff Aubuchon Realty Group

Miloff Aubuchon Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 9,583

Home Design

  • Quadruplex

Listing and Financial Details

  • Tenant pays for full electric, full telephone, internet access

Community Details

Overview

  • Cape Coral Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $2,400
  • Net Operating Income $29,220

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Listing Details

  • Legal Description: CAPE CORAL UNIT 7 BLK 313 PB 12 PG 123 LOTS 7 + 8
  • Street View Param: 1$26.576609$-81.94700799999998$166.66$13.33$1.00$VS4uVr2m-_kxFpEXJDRQAA
  • Building Design: Quadraplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Flooring: Tile

Exterior Features

  • Construction: Concrete Block
  • Exterior Features: Patio
  • Exterior Finish: Stucco
  • Irrigation: Central

Utilities

  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Community Type: Non-Gated
  • Sub Condo Name: CAPE CORAL

Association/Amenities

  • Units in Building: 4
  • Pets: No Approval Needed
  • Development: Cape Coral

Lot Info

  • Lot Dimensions: 80 X 125
  • Lot Back: 80
  • Lot Frontage: 80
  • Lot Left: 125
  • Lot Right: 125
  • Lot Unit: 7
  • Section: 7
  • Zoning Code: R3-D

Rental Info

  • Tenant Pays: Full Electric, Full Telephone, Internet Access

Tax Info

  • Tax Description: City And County

Multi Family

  • Unit Count: 4
  • Gross Rental Income: 33600.00
  • Annual Expenses: 2400.00
  • Annual Net Operating Income: 29220.00

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2017 11/13/17 Sold $275,000 +1.9% --
10/07/2017 10/07/17 Pending -- -- --
10/04/2017 10/04/17 For Sale $269,900 -- --
Source: Naples Area Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Keith Gordon

    Seller's Agent in 2017

    Keith Gordon

    ADDVANTAGE

    (877) 232-9695

    2 in this area

    811 Total Sales

    Keith Gordon
    Section Image

  • J

    Buyer's Agent in 2017

    John Ellwood Jr

    Miloff Aubuchon Realty Group

    (239) 229-9904

    16 in this area

    56 Total Sales

    John Ellwood Jr
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217060492

Naples Area Board of REALTORS®
Florida Lee County Cape Coral 33904 Caloosahatchee

1314 SE 40th Terrace, Cape Coral, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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