NOT LISTED FOR SALE

326 NE 16th Place Unit 1-4 Cape Coral, FL 33909

Hancock Neighborhood
8 Beds
8 Baths
4,000 Sq Ft
0.4 Acres

Last Sold April 30, 2021

Last sale price $590,000 $148 Per Sq Ft

99 Days on Market

Highlights

  • Corner Lot
  • Tile Flooring
  • Central Heating and Cooling System
  • Cape Elementary School Rated A-

About This Home

As of April 2021

Great Investment Opportunity. Quadruple (fourplex) centrally located in Cape Coral. One block east from Del Prado Blvd. Commercial - Professional Land Use. Can be converted into offices, retail, and many other commercial uses. Three very long tenants (over 10 years) on a month to month paying below market rent of $950. One tenants on lease paying $1150. All units 2 bedrooms, two bath, and a garage for each unit. All ceramics tile floors, screened lanais. Laundry inside each apartment. DO not miss this opportunity !! Call for a showing today !!

Last Agent to Sell the Property

Manny Gonzalez

MAKS Realty Inc License #252010416 Listed on: 12/21/2020

Last Buyer's Agent

non-member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,454

Year Built

  • Built in 1986

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 130 x 140 x 130 x 140
  • Corner Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 4,000 Sq Ft Home
  • 1-Story Property
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for application fee, cable TV, electricity, grounds care, pest control, water
  • Legal Lot and Block 62 / 1546
  • Assessor Parcel Number 08-44-24-C4-01546.0620

Community Details

Overview

  • 4 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $8,000
  • Net Operating Income $40,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,454

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.403
  • Lot Size: 130 x 140 x 130 x 140
  • Subdivision Name: CAPE CORAL
  • Directions: Del Prado Blvd north, right on NE 3rd st, left on NE 16th Pl
  • Architectural Style: Ranch, One Story
  • Building Stories: 1
  • Structure Type: Quadruplex
  • Year Built: 1986
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Flooring: Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Corner Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 08-44-24-C4-01546.0620
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Application Fee, Cable TV, Electricity, Grounds Care, Pest Control, Water

Multi Family

  • Number Of Units Total: 4
  • Property Net Operating Income: 40000.0
  • Annual Operating Expense: 8000.0

Tax Info

  • Tax Annual Amount: 6454.0
  • Tax Block: 1546
  • Tax Lot: 62
  • Tax Year: 2019

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
04/30/2021 04/30/21 Sold $590,000 -9.2% $148 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
12/21/2020 12/21/20 For Sale $649,900 -- $162 / 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: 220079822

Florida Gulf Coast Multiple Listing Service