1720 SW 33rd Terrace Cape Coral, FL 33914
Pelican NeighborhoodEstimated payment $3,042/month
Highlights
- In Ground Pool
- Oversized Lot
- Fenced
- Cape Elementary School Rated A-
- Central Heating and Cooling System
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
The Landmark Group SWFL LLC License #258029302 Listed on: 07/30/2025
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 125 x 130 x 130 x 125
- Fenced
- Oversized Lot
Home Design
- Duplex
- Shingle Roof
- Stucco
Interior Spaces
- Single Hung Windows
- Laminate Flooring
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $6,303 | $341,776 | -- | -- |
| 2024 | $6,303 | $310,705 | $120,511 | $167,816 |
| 2023 | $5,890 | $287,367 | $84,842 | $190,697 |
| 2022 | $6,118 | $286,287 | $0 | $0 |
| 2021 | $5,497 | $260,680 | $60,950 | $199,730 |
| 2020 | $5,220 | $236,601 | $51,750 | $184,851 |
| 2019 | $4,060 | $222,058 | $51,750 | $170,308 |
| 2018 | $3,751 | $192,193 | $49,450 | $142,743 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | For Sale | $480,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $460,000 | Title Junction | |
| Warranty Deed | $305,000 | Cape Coral Ttl Ins Agcy Inc | |
| Warranty Deed | $160,000 | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $367,500 | New Conventional | |
| Previous Owner | $294,820 | FHA |
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 2025003742
APN: 04-45-23-C2-04721.0030
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