NOT LISTED FOR SALE

1405 SE 23rd Place Cape Coral, FL 33990

Hancock Neighborhood

Estimated Value: $457,000 - $486,000

6 Beds
4 Baths
2,434 Sq Ft
$195/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $310,000 $127 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,097/month

313 Days on Market

Highlights

  • Oversized Lot
  • Tile Flooring
  • Ceiling Fan
  • Cape Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of March 2018

Great opportunity to invest!!! Nice Duplex located at SE of Cape Coral. Each unit offers 3 bedrooms, 2 bathrooms, a screened lanai, car garage for 2 cars, and a laundry area. The units are rented for $1200 and $950 monthly ( this last unit is occupied with a long term tenant that is month to month). Conveniently located close to Del Prado Blvd, schools and shopping areas.

Last Agent to Sell the Property

Rene Alvarez

Innova Real Estate Corp License #258009053 Listed on: 04/06/2017

Last Buyer's Agent

Karina Rivero

Royal Realty of SW FL., Inc. License #258004242

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,136

Year Built

  • Built in 2004

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 80 x 140 x 80 x 140
  • Oversized Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,434 Sq Ft Home
  • Ceiling Fan
  • Double Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for application fee, cable TV, electricity, sewer, telephone, water
  • Legal Lot and Block 15 / 1416
  • Assessor Parcel Number 20-44-24-C3-01416.0150

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $4,135
  • Net Operating Income $21,665

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,136

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.26
  • Lot Size: 80 x 140 x 80 x 140
  • Co List Office Mls Id: FMPM
  • Co List Office Phone: (239) 281-6763
  • Subdivision Name: CAPE CORAL
  • Directions: From Viscaya Pkwy turn South on SE 23rd Pl, just pass SE 13th ST, and the property will be on the left side.
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 2004
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Tile
  • Window Features: Double Hung

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 20-44-24-C3-01416.0150
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Application Fee, Cable TV, Electricity, Sewer, Telephone, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 21665.0
  • Annual Operating Expense: 4135.0

Tax Info

  • Tax Annual Amount: 4136.0
  • Tax Block: 1416
  • Tax Lot: 15
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2017
Closed on
Mar 15, 2018
Sold by
Gabay Gennadiy and Gabay Zhanna
Bought by
Groff Investments Llc
Seller's Agent
Rene Alvarez
Innova Real Estate Corp
Buyer's Agent
Karina Rivero
Royal Realty of SW FL., Inc.
List Price
$339,900
Sold Price
$310,000
Premium/Discount to List
-$29,900
-8.8%
Current Estimated Value
$462,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,667
Avg. Annual Appreciation
7.00%

Purchase Details

Closed on
Sep 30, 2003
Sold by
Amer Prime Group Inc
Bought by
Gabay Gennadiy and Gabay Zhanna
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Groff Investments Llc $310,000 Attorney
Gabay Gennadiy $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gabay Gennadiy $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2018 03/16/18 Sold $310,000 -8.8% $127 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
04/06/2017 04/06/17 For Sale $339,900 -- $140 / Sq Ft
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 $6,770 $351,139 -- --
2023 $6,770 $319,217 $0 $0
2022 $6,242 $290,197 $0 $0
2021 $5,582 $264,379 $40,000 $224,379
2020 $5,299 $239,832 $31,750 $208,082
2019 $5,021 $226,910 $25,000 $201,910
2018 $4,778 $229,334 $25,000 $204,334
Source: Public Records

Agents Affiliated with this Home

  • Rene Alvarez

    Seller's Agent in 2018

    Rene Alvarez

    Innova Real Estate Corp

    (239) 573-4647

    15 in this area

    158 Total Sales

    Section Image

  • K

    Buyer's Agent in 2018

    Karina Rivero

    Royal Realty of SW FL., Inc.

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 217011523

Florida Gulf Coast Multiple Listing Service

APN: 20-44-24-C3-01416.0150

Florida Lee County Cape Coral 33990 Hancock

1405 SE 23rd Place, Cape Coral, FL

This home is located at 1405 SE 23rd Place, Cape Coral, FL 33990 since 06 April 2017 and is currently estimated at $475,000, approximately $195 per square foot. This property was built in 2004. 1405 SE 23rd Place is a home located in Lee County with nearby schools including Caloosa Elementary School, Tropic Isles Elementary School, and Hancock Creek Elementary School.

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.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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