NOT LISTED FOR SALE

329 SW 47th Terrace Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $744,000 - $800,000

6 Beds
4 Baths
2,600 Sq Ft
$298/Sq Ft Est. Value

Last Sold September 06, 2022

Last sale price $820,000 $315 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,945/month

Highlights

  • Heated In Ground Pool
  • Waterfront
  • Impact Glass
  • Cape Elementary School Rated A-
  • Canal Access
  • Tile Flooring

About This Home

As of September 2022

Under Construction. Please note that all the photos are from a similar property sold recently. Also included is a breakdown of a few months of income on that property through Airbnb.

Last Agent to Sell the Property

Luis Hernandez

MAKS Realty Inc License #258008996 Listed on: 12/06/2021

Last Buyer's Agent

Susan Rimes

Dalton Wade Inc License #258026685

Dalton Wade Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,700

Year Built

  • Built in 2022

Lot Details

  • 10,001 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Waterfront
  • Fenced
  • Rectangular Lot
  • Sprinkler System

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,600 Sq Ft Home
  • Single Hung Windows
  • Tile Flooring
  • Impact Glass

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Pool

  • Heated In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Canal Access

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for janitorial service
  • Legal Lot and Block 4+5 / 1600
  • Assessor Parcel Number 11-45-23-C3-01600.0050

Community Details

Overview

  • Cape Coral Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Gross Income $14,400
  • Net Operating Income $84,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,700

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2296
  • Lot Size: 80 x 125 x 80 x 125
  • Subdivision Name: CAPE CORAL
  • Directions: From Santa Barbara Blvd turn left onto Cape Coral Pkwy. Turn left onto Cape Coral Pkwy E. Turn left onto Palm Tree Blvd. Turn left onto SW 47th Ter. 309/311 SW 47TH TER is on the right.
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 2022
  • Property Sub Type Additional: Duplex
  • Special Features: NewHome

Interior Features

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

Exterior Features

  • Lot Features: Rectangular Lot, Sprinklers Automatic
  • Pool Features: Electric Heat, Heated, In Ground, See Remarks, Salt Water
  • Pool Private: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Fence, Sprinkler/Irrigation
  • Property Condition: Resale
  • Roof: Shingle

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 11-45-23-C3-01600.0050
  • Zoning Description: R3-W
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Janitorial Service

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 14400.0
  • Property Net Operating Income: 84000.0

Tax Info

  • Tax Annual Amount: 1700.0
  • Tax Block: 1600
  • Tax Lot: 4+5
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2024
Sold by
Properties Of R & R Llc
Bought by
Royalty Real Estate Ltd Llc
Current Estimated Value
$776,000

Purchase Details

Listed on
Dec 6, 2021
Closed on
Sep 2, 2022
Sold by
Robert Ramos
Bought by
Properties Of R & R Llc
Seller's Agent
Luis Hernandez
MAKS Realty Inc
Buyer's Agent
Susan Rimes
Dalton Wade Inc
List Price
$800,000
Sold Price
$820,000
Premium/Discount to List
$20,000
2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.74%
Original Mortgage
$615,000
Interest Rate
5.54%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Royalty Real Estate Ltd Llc $720,000 Turner Title
Properties Of R & R Llc -- --
Properties Of R & R Llc $820,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Properties Of R & R Llc $615,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2022 09/06/22 Sold $820,000 +2.5% $315 / Sq Ft
08/07/2022 08/07/22 Pending -- -- --
12/06/2021 12/06/21 For Sale $800,000 -- $308 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

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
2025 $10,350 $622,933 $145,350 $410,651
2024 $10,304 $572,788 $173,233 $337,549
2023 $10,304 $558,834 $129,200 $384,815
2022 $1,951 $87,120 $0 $0
2021 $1,918 $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Luis Hernandez

    MAKS Realty Inc

    (239) 699-1239

    6 in this area

    12 Total Sales

    Luis Hernandez
    Section Image
  • Susan Rimes

    Buyer's Agent in 2022

    Susan Rimes

    Dalton Wade Inc

    (863) 673-1436

    2 in this area

    42 Total Sales

    Susan Rimes
    Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221082459

Florida Gulf Coast Multiple Listing Service

APN: 11-45-23-C3-01600.0050

Florida Lee County Cape Coral 33914 Pelican

329 SW 47th Terrace, Cape Coral, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

Nearby Homes