$520,000
$10K PRICE DROP

1720 SW 33rd Terrace Cape Coral, FL 33914

Pelican Neighborhood

Estimated payment $3,408/month

Total Views 428
4 Beds
4 Baths
2,114 Sq Ft
$246 Price per Sq Ft

Highlights

  • In Ground Pool
  • Central Heating and Cooling System
  • Rectangular Lot
  • Cape Elementary School Rated A-
  • Ceiling Fan

About This Home

Welcome to 1716/1720 SW 33rd Terrace, a meticulously maintained duplex located in one of Cape Coral’s most sought-after neighborhoods. Built in 1994 and situated on a generous 16,248 sq ft lot, this income-producing property features two spacious units, each offering 2 bedrooms, 2 bathrooms, private garages, and individual entrances—ideal for owner-occupants, investors, or multi-generational living. Each unit boasts a comfortable, open-concept layout with tile flooring throughout, functional kitchens, large living areas, in-unit laundry, and ample storage. Impact-resistant windows and a durable shingle roof provide both safety and long-term value. The exterior includes a clean stucco finish, a full auto-sprinkler system, and generous driveways leading to attached garages. Currently, units are leased at $2,295/month, generating immediate cash flow. There is also a beautiful, concrete below ground pool in that back that has a small fence surrounding and seperate enclosed back lanais.Located in the heart of Southwest Cape Coral, this property is just minutes from shopping centers, waterfront dining, parks, and the Gulf-access marinas that make the area so desirable. Families will appreciate proximity to top-rated local schools such as Gulf Elementary, Gulf Middle, and Ida S. Baker High School. With well-maintained neighboring homes and quick access to Cape Coral Parkway, this location combines peace, prestige, and convenience. Walking distance to Gulf Elementary and middle!Whether you're looking to grow your portfolio or secure a low-maintenance investment with strong rental potential, 1716/1720 SW 33rd Terrace is the complete package. This is Cape Coral living—and earning—at its finest.Property has a new roof and was remodeled completely on the interior a couple years ago! Motivated Seller!

Listing Agent

Nick Rinella

Gulf Coast Advisors License #258029302

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,303

Year Built

  • Built in 1994

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 130 x 125 x 130 x 125
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,114 Sq Ft Home
  • Ceiling Fan
  • Double Hung Windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Pool

  • In Ground Pool

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 3 / 4721
  • Assessor Parcel Number 04-45-23-C2-04721.0030

Community Details

Overview

  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,303

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.373
  • Lot Size: 130 x 125 x 130 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1994
  • Property Sub Type Additional: Duplex
  • Pets No Pets Comments: ,,,
  • Special Features: None

Interior Features

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

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Owner Has Flood Insurance, Owner Is Listing Agent
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: None
  • 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
  • Utilities: Cable Available
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 04-45-23-C2-04721.0030
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Application Fee, Credit Check, Electricity, Internet, Janitorial Service

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 6302.96
  • Tax Block: 4721
  • Tax Lot: 3
  • 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

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 Price Changed $520,000 -1.9% $246 / Sq Ft
04/22/2025 04/22/25 For Sale $530,000 -- $251 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225040651

Florida Gulf Coast Multiple Listing Service

Florida Lee County Cape Coral 33914 Pelican

1720 SW 33rd Terrace, Cape Coral, FL

Homes for Sale in Cape Coral, FL

This home is located at 1720 SW 33rd Terrace, Cape Coral, FL 33914 and is currently priced at $520,000, approximately $245 per square foot. This property was built in 1994. 1720 SW 33rd Terrace is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

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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

Listing Agent
Nick Rinella
Section Image
Gulf Coast Advisors
(239) 970-4911