NOT LISTED FOR SALE
6 Beds
4 Baths
2,436 Sq Ft
10,019 Sq Ft Lot

Last Sold August 08, 2023

Last sale price $450,000 $185 Per Sq Ft

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Rectangular Lot
  • Cape Elementary School Rated A-
  • Ceiling Fan
  • 3-minute walk to Paul Sanborn Park

About This Home

As of August 2023

GREAT Opportunity to purchase a cash flowing opportunity in Sunny Southwest Cape Coral! Brand new roof installed this month with all Soffit and Fascia replaced. One side has been fully renovated with cabinets, stainless steel appliances, all tile floors, fresh paint and blinds, and new fixtures throughout. #225 is clean with all tile, ceiling fans in each room, and painted just a little while ago. No Flood insurance required! Both sides rented with leases until Jan and April 2024. Not often you can walk into a property and cash flow from day one! Both sides are rented so please do not disturb the tenants. See Confidential remarks for showing availability.

Last Agent to Sell the Property

Jerry Robinson

KHI Real Estate FM, LLC License #258023281 Listed on: 06/30/2023

Last Buyer's Agent

Jerry Robinson

KHI Real Estate FM, LLC License #258023281 Listed on: 06/30/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,506

Year Built

  • Built in 1990

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 120 x 80 x 120
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,436 Sq Ft Home
  • Ceiling Fan
  • Single 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, departure cleaning, electricity
  • Legal Lot and Block 5 / 1363
  • Assessor Parcel Number 17-44-24-C2-01363.0050

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $13,482
  • Net Operating Income $31,458

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,506

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 120 x 80 x 120
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1990
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

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

Exterior Features

  • Lot Features: Rectangular 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
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Amenities: None
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 17-44-24-C2-01363.0050
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Application Fee, Departure Cleaning, Electricity

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 31458.0
  • Annual Operating Expense: 13482.0

Tax Info

  • Tax Annual Amount: 5506.07
  • Tax Block: 1363
  • Tax Lot: 5
  • Tax Year: 2022

Range of Values:

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Sold Price
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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 List to Sale Price per Sq Ft Prior Sale
08/08/2023 08/08/23 Sold $450,000 +2.3% $185 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $440,000 0.0% $181 / Sq Ft
04/24/2023 04/24/23 Rented -- -- --
04/10/2023 04/10/23 For Rent $1,950 0.0% --
06/30/2021 06/30/21 Sold $340,000 -2.9% $140 / Sq Ft View Prior Sale
05/31/2021 05/31/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $350,000 -- $144 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223047730

Florida Gulf Coast Multiple Listing Service