NOT LISTED FOR SALE

1624 Orchid Blvd Unit A & B Cape Coral, FL 33904

Caloosahatchee Neighborhood

Estimated Value: $354,347 - $392,000

4 Beds
4 Baths
2,210 Sq Ft
$170/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $375,000 $170 Per Sq Ft

Current estimated payment $2,367/month

45 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Fenced
  • Cape Elementary School Rated A-

About This Home

As of August 2022

Super affordable duplex in great location. Here is your chance to increase your investment portfolio or become a real estate investor. Perhaps live in half and rent out the other half, allowing you to live virtually free? This duplex has 2 bedrooms and 2 baths on each side, with large screened front porches and even larger screened lanai space plus super spacious fenced yards. Each side is month to month, both paying below market value. With rents that could easily command $1600 a month this is an outstanding investment. AC in unit A is from 2010, AC in unit B is from 2019.

Last Agent to Sell the Property

Kelly Ann Hammer

Century 21 Selling Paradise License #258018713 Listed on: 07/07/2022

Century 21 Selling Paradise

Last Buyer's Agent

PJ Peebles Jr

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,767

Year Built

  • Built in 1965

Lot Details

  • 10,498 Sq Ft Lot
  • Lot Dimensions are 95 x 130 x 70 x 130
  • Fenced
  • Irregular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,210 Sq Ft Home
  • Single Hung Windows

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for electricity, sewer, water
  • Legal Lot and Block 12 / 343
  • Assessor Parcel Number 07-45-24-C2-00343.0120

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $5,000
  • Net Operating Income $19,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,767

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.241
  • Lot Size: 95 x 130 x 70 x 130
  • Subdivision Name: CAPE CORAL
  • Directions: On the west side of Orchid Blvd
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1965
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Irregular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, 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: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 07-45-24-C2-00343.0120
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 19600.0
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 3766.78
  • Tax Block: 343
  • Tax Lot: 12
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Aug 22, 2022
Sold by
Lundberg and Susan
Bought by
Kartes Christopher J and Kartes Jane M
Seller's Agent
Kelly Ann Hammer
Century 21 Selling Paradise
Buyer's Agent
PJ Peebles Jr
List Price
$374,900
Sold Price
$375,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$376,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,087
Avg. Annual Appreciation
0.10%
Original Mortgage
$286,171
Outstanding Balance
$273,891
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$102,196

Purchase Details

Closed on
May 10, 2002
Sold by
Martell Nicholas and Martell April
Bought by
Lundberg Richard and Lundberg Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 2001
Sold by
Bryant William O and Bryant Cele G
Bought by
Martell Nicholas and Martell April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 1996
Sold by
Galler Gary S
Bought by
Bryant William O and Bryant Cele G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.77%
Mortgage Type
Commercial
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
Kartes Christopher J $375,000 Team Title Insurance Agency
Lundberg Richard $144,000 --
Martell Nicholas $105,000 --
Bryant William O $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kartes Christopher J $286,171
Previous Owner Lundberg Richard $100,000
Previous Owner Martell Nicholas $84,000
Previous Owner Bryant William O $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2022 08/22/22 Sold $375,000 0.0% $170 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $374,900 -- $170 / 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 $3,853 $208,154 -- --
2023 $3,853 $202,091 $37,768 $162,499
2022 $4,406 $171,114 $0 $0
2021 $3,767 $178,989 $23,244 $155,745
2020 $3,535 $155,037 $21,000 $134,037
2019 $3,312 $151,007 $21,000 $130,007
2018 $3,159 $142,918 $21,000 $121,918
2017 $3,087 $150,196 $18,000 $132,196
2016 $2,796 $128,129 $19,896 $108,233
2015 $2,589 $115,097 $17,223 $97,874
2014 $2,320 $92,901 $24,546 $68,355
2013 -- $86,208 $12,836 $73,372
Source: Public Records

Agents Affiliated with this Home

  • Kelly Ann Hammer

    Seller's Agent in 2022

    Kelly Ann Hammer

    Century 21 Selling Paradise

    (239) 707-7154

    35 in this area

    144 Total Sales

    Kelly Ann Hammer
    Section Image

  • P

    Buyer's Agent in 2022

    PJ Peebles Jr

  • Pierre Peebles

    Buyer's Agent in 2022

    Pierre Peebles

    Century 21 Tri Power Realty

    (239) 823-0628

    2 in this area

    55 Total Sales

    Pierre Peebles
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222051017

Florida Gulf Coast Multiple Listing Service

APN: 07-45-24-C2-00343.0120

Florida Lee County Cape Coral 33904 Caloosahatchee

1624 Orchid Blvd Unit A & B, Cape Coral, FL

This home is located at 1624 Orchid Blvd Unit A & B, Cape Coral, FL 33904 since 07 July 2022 and is currently estimated at $376,087, approximately $170 per square foot. This property was built in 1965. 1624 Orchid Blvd Unit A & B is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles 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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