$705,000
$50K PRICE DROP

328 Cape Coral Pkwy W Unit 1 Cape Coral, FL 33914

Pelican Neighborhood

Estimated payment $4,483/month

Total Views 3,875
8 Beds
4 Baths
3,612 Sq Ft
$195 Price per Sq Ft

Highlights

  • Oversized Lot
  • Cape Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

This 8-bedroom, 4-bath quadplex offers a great investment opportunity with four separate units, each featuring spacious living areas and functional layouts. Currently occupied, the property provides steady rental income potential. Located in a convenient area, it’s close to local amenities, schools, and parks.

Listing Agent

Natacha Candelaria

The Simonelli Real Estate Grp License #258019916 Listed on: 04/07/2025

Co-Listing Agent

Robert Stouffer

The Simonelli Real Estate Grp License #258025494

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,720

Year Built

  • Built in 1979

Lot Details

  • 0.34 Acre Lot
  • Oversized Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,612 Sq Ft Home
  • Single Hung Windows
  • Laminate Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / 164
  • Assessor Parcel Number 14-45-23-C2-00164.0040

Community Details

Overview

  • 4 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,720

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.344
  • Co List Office Mls Id: FRPM
  • Co List Office Phone: 239-223-2116
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Other
  • Structure Type: Quadruplex
  • Year Built: 1979
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Laminate, Other
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: None
  • Property Condition: Resale
  • Roof: Shingle

Utilities

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

Condo/Co-op/Association

  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 14-45-23-C2-00164.0040
  • Zoning Description: R3-D

Rental Info

  • Tenant Pays: Application Fee, Cable TV, Electricity, Internet, Pet Deposit, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 8719.65
  • Tax Block: 164
  • Tax Lot: 4
  • 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

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
2024 $8,720 $383,046 -- --
2023 $7,914 $348,224 $0 $0
2022 $7,428 $316,567 $0 $0
2021 $6,692 $290,931 $46,000 $244,931
2020 $6,343 $261,625 $46,000 $215,625
2019 $6,262 $261,625 $46,000 $215,625
2018 $6,345 $261,621 $46,000 $215,621
2017 $6,089 $246,290 $25,300 $220,990
2016 $4,309 $205,370 $25,300 $180,070
2015 $3,922 $175,688 $17,480 $158,208
2014 $3,520 $139,202 $26,795 $112,407
2013 -- $144,300 $9,900 $134,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2025 08/23/25 Off Market $705,000 -- --
08/21/2025 08/21/25 Price Changed $705,000 0.0% $195 / Sq Ft
08/21/2025 08/21/25 For Sale $705,000 -1.4% $195 / Sq Ft
08/19/2025 08/19/25 Price Changed $715,000 -3.2% $198 / Sq Ft
08/09/2025 08/09/25 Price Changed $739,000 -0.8% $205 / Sq Ft
07/17/2025 07/17/25 Price Changed $745,000 +4.2% $206 / Sq Ft
07/16/2025 07/16/25 Price Changed $715,000 -3.4% $198 / Sq Ft
07/08/2025 07/08/25 Price Changed $740,000 -1.3% $205 / Sq Ft
06/18/2025 06/18/25 Price Changed $750,000 -0.7% $208 / Sq Ft
04/07/2025 04/07/25 For Sale $755,000 0.0% $209 / Sq Ft
02/27/2025 02/27/25 Rented -- -- --
02/07/2025 02/07/25 Price Changed $1,299 -3.7% $1 / Sq Ft
01/24/2025 01/24/25 Price Changed $1,349 -3.6% $1 / Sq Ft
01/14/2025 01/14/25 Price Changed $1,399 -3.5% $2 / Sq Ft
12/06/2024 12/06/24 For Rent $1,449 -- --
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $200,000 None Available
Warranty Deed $122,500 Talon Title Services Llc
Source: Public Records

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225032992

Florida Gulf Coast Multiple Listing Service

APN: 14-45-23-C2-00164.0040