$505,000

1705 & 1707 SW 1st Ave Cape Coral, FL 33991

Hancock Neighborhood

Estimated payment $3,432/month

Total Views 151
6 Beds
4 Baths
2,418 Sq Ft
$209 Price per Sq Ft

Highlights

  • Impact Glass
  • Patio
  • Central Heating and Cooling System
  • Cape Elementary School Rated A-
  • Tile Flooring
  • Ceiling Fan

About This Home

Built in 2019, this income-producing duplex is in a prime location and fully rented on both sides, making it a fantastic investment opportunity. Each unit features tile flooring throughout for easy maintenance, ceiling fans in every room, and a modern layout that appeals to tenants. With reliable rental income already in place and a desirable location close to shopping, dining, and major roadways, this property is the perfect addition to any investment portfolio.

Listing Agent

Maureen Mitchell

Marshall Reddick Real Estate License #258029763 Listed on: 08/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,165

Year Built

  • Built in 2019

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 85 x 125 x 85 x 125
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,418 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring
  • Impact Glass

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 26 / 3084
  • Assessor Parcel Number 26-44-23-C2-03084.0260

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $11,141
  • Net Operating Income $28,339

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,165

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Lot Size: 85 x 125 x 85 x 125
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 2019
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Tile
  • Window Features: Impact Glass

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • 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 Unpaid
  • Utilities: Cable Available
  • Water Source: Assessment Unpaid

Condo/Co-op/Association

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

Lot Info

  • Land Lease Expiration Date: 2025-11-02
  • Parcel #: 26-44-23-C2-03084.0260
  • Zoning Description: R3-D

Rental Info

  • Tenant Pays: Application Fee, Cable TV, Departure Cleaning, Electricity, Internet, Pet Deposit

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 28339.0
  • Annual Operating Expense: 11141.0

Tax Info

  • Tax Annual Amount: 8164.79
  • Tax Block: 3084
  • Tax Lot: 26
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $8,165 $343,236 -- --
2023 $7,795 $312,033 $0 $0
2022 $6,962 $283,666 $0 $0
2021 $6,457 $257,878 $40,000 $217,878
2020 $5,687 $233,376 $28,000 $205,376
2019 $1,764 $25,500 $25,500 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 For Sale $505,000 -- $209 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $339,700 Attorney
Warranty Deed $35,000 Fidelity Natl Title Of Flori
Warranty Deed $56,500 Townsend Title Ins Agency Ll
Warranty Deed $43,700 Fidelity National Title Ins
Corporate Deed $45,000 Builders Titlecorp Inc
Warranty Deed $56,900 Gulf Breeze Title Ins Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $203,820 New Conventional
Previous Owner $43,650 Unknown
Source: Public Records

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Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 2025006368

Florida Gulf Coast Multiple Listing Service

APN: 26-44-23-C2-03084.0260

Florida Lee County Cape Coral 33991 Hancock

1705 & 1707 SW 1st Ave, Cape Coral, FL

This home is located at 1705 & 1707 SW 1st Ave, Cape Coral, FL 33991 and is currently priced at $505,000, approximately $208 per square foot. This property was built in 2019. 1705 & 1707 SW 1st Ave is a home located in Lee County with nearby schools including Caloosa Elementary School, Cape Elementary School, and Tropic Isles Elementary School.

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Listing Agent
Maureen Mitchell
Section Image
Marshall Reddick Real Estate
(239) 372-0344