NOT LISTED FOR SALE

307 SW 47th Terrace Unit 1-2 Cape Coral, FL 33914

Pelican Neighborhood
4 Beds
4 Baths
1,708 Sq Ft
10,019 Sq Ft Lot

Last Sold January 09, 2019

Last sale price $225,000 $132 Per Sq Ft

Highlights

  • Home fronts a seawall
  • In Ground Pool
  • Patio
  • Cape Elementary School Rated A-
  • Canal Access
  • Tile Flooring

About This Home

As of January 2019

This Duplex is priced to sell! Located in the popular SW Cape on a gulf access canal with a pool. The whole interior of both units have been completely renovated with porcelain tile throughout, granite counter tops, custom soft closed cabinetry and stainless steel appliances in the kitchen. The bathrooms have been totally redone and have granite counter tops, custom cabinetry and new plumbing throughout the units. There is a cement dock to fish or just sit and relax and watch as the boats go by. Both units are exactly the same and have the exact same new tile, granite counter tops and custom cabinets. Both units feature 2 bedrooms and 2 full bathrooms. Unit 1 in the front is rented for $1150/month and Unit 2 in the back rented for $1250. The pool care and lawn is currently being taken care of by one of the tenants. Water and electric are on separate meters and are paid by the tenants. This property makes both the perfect home and investment!!!

Last Agent to Sell the Property

Lisa Peters

Century 21 Selling Paradise License #258024049 Listed on: 01/09/2019

Century 21 Selling Paradise

Last Buyer's Agent

Lisa Peters

Century 21 Selling Paradise License #258024049 Listed on: 01/09/2019

Century 21 Selling Paradise

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,623

Year Built

  • Built in 1978

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Home fronts a seawall
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,708 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Pool

  • In Ground Pool
  • Vinyl Pool

Outdoor Features

  • Canal Access
  • Patio

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for electricity, water
  • Legal Lot and Block 14 / 1600
  • Assessor Parcel Number 11-45-23-C3-01600.0150

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $7,200
  • Net Operating Income $2,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,623

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Subdivision Name: CAPE CORAL
  • Directions: Cape Coral Parkway W to Pelican Blvd turn R, make a R onto SW 47th Terrace. The property will be on the left hand side.
  • Architectural Style: Ranch, One Story, Duplex
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1978
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

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

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: In Ground, See Remarks, Vinyl
  • Pool Private: Yes
  • Waterfront Features: Canal Access, Seawall
  • Waterfront: Yes
  • 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 Paid
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 11-45-23-C3-01600.0150
  • Zoning Description: R3-W
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, See Remarks, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 2880.0
  • Annual Operating Expense: 7200.0

Tax Info

  • Tax Annual Amount: 3623.0
  • Tax Block: 1600
  • Tax Lot: 14
  • Tax Year: 2018

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/09/2019 01/09/19 Sold $225,000 -10.0% $132 / Sq Ft
01/09/2019 01/09/19 For Sale $250,000 +21.4% $146 / Sq Ft
08/16/2016 08/16/16 Sold $206,000 0.0% $121 / Sq Ft View Prior Sale
08/16/2016 08/16/16 For Sale $206,000 -- $121 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Lisa Peters

    Century 21 Selling Paradise

    (239) 823-5535

    7 in this area

    40 Total Sales

    Lisa Peters
    Section Image
  • Albert Baeza

    Seller's Agent in 2016

    Albert Baeza

    RE/MAX Gulf Coast Realty

    (850) 225-4538

    20 in this area

    166 Total Sales

    Albert Baeza
    Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218085066

Florida Gulf Coast Multiple Listing Service
Florida Lee County Cape Coral 33914 Pelican

307 SW 47th Terrace Unit 1-2, Cape Coral, FL

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