$755,000

Estimated payment $4,949/month

Total Views 361
8 Beds
8 Baths
3,728 Sq Ft
$203 Price per Sq Ft

Highlights

  • Courtyard
  • Community Barbecue Grill
  • Outdoor Storage
  • Cape Elementary School Rated A-
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

This Well Maintained 4-Plex is 100% Occupied and consists of two buildings of two units each and courtyard in the center. Each of the 4 units are two bedroom, two bath with tile floors, laundry in units and screened lanais. Features include new roof in 2022 and newer AC units. One unit has been nicely updated. Hurry on this one, it's rare these come available and with a 6% cap to boot! The annual numbers are pro-forma as the property was owner occupied until earlier this year.

Listing Agent

Jack Martin

Century 21 Selling Paradise License #278007007 Listed on: 08/18/2025

Century 21 Selling Paradise

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,023

Year Built

  • Built in 1985

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 120 x 125 x 141 x 125
  • Privacy Fence
  • Sprinkler System

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,728 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Outdoor Features

  • Courtyard
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 42 / 487
  • Assessor Parcel Number 06-45-24-C4-00487.0420

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Cape Coral Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $23,695
  • Net Operating Income $50,163

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,023

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.376
  • Lot Size: 120 x 125 x 141 x 125
  • Subdivision Name: CAPE CORAL
  • Architectural Style: See Remarks, Duplex
  • Structure Type: Quadruplex, Duplex
  • Year Built: 1985
  • Property Sub Type Additional: Duplex,Quadruplex
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Private Spa: No
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Flooring: Tile
  • Window Features: Single Hung, Sliding

Exterior Features

  • Lot Features: Multiple lots, Sprinklers Automatic
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Courtyard, Sprinkler/Irrigation, Privacy Wall, Storage
  • 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, Public Sewer
  • Utilities: Cable Available
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: Barbecue, Picnic Area, See Remarks, Sidewalks
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06-45-24-C4-00487.0420
  • Zoning Description: R3-D

Rental Info

  • Tenant Pays: Application Fee, Credit Check, Electricity, Internet, Security, Telephone, Water

Multi Family

  • Number Of Units Total: 4
  • Property Net Operating Income: 50163.0
  • Annual Operating Expense: 23695.0

Tax Info

  • Tax Annual Amount: 10022.57
  • Tax Block: 487
  • Tax Lot: 42
  • 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 $10,023 $504,672 $195,303 $300,777
2023 $8,053 $379,078 $0 $0
2022 $7,440 $347,100 $0 $0
2021 $6,795 $319,978 $48,000 $271,978
2020 $6,609 $299,585 $42,000 $257,585
2019 $6,961 $298,775 $42,000 $256,775
2018 $5,496 $262,449 $42,000 $220,449
2017 $5,263 $255,986 $16,700 $239,286
2016 $4,598 $194,757 $16,700 $178,057
2015 $4,374 $191,304 $15,300 $176,004
2014 $3,912 $148,919 $13,700 $135,219
2013 -- $160,900 $10,800 $150,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 For Sale $755,000 0.0% $203 / Sq Ft
02/28/2025 02/28/25 Rented -- -- --
01/25/2025 01/25/25 Price Changed $1,495 -6.6% $2 / Sq Ft
01/08/2025 01/08/25 For Rent $1,600 -- --
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed $100 None Listed On Document
Quit Claim Deed $100 None Listed On Document
Warranty Deed $451,000 Omnione Title Services Llc
Warranty Deed $370,000 Assurance Title Agency Llc
Interfamily Deed Transfer -- Attorney
Warranty Deed $409,900 --
Warranty Deed $239,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $31,011 FHA
Previous Owner $415,099 FHA
Previous Owner $420,481 FHA
Previous Owner $277,500 Adjustable Rate Mortgage/ARM
Previous Owner $333,750 Commercial
Previous Owner $327,900 Commercial
Previous Owner $215,100 Commercial
Source: Public Records

About the Listing Agent

Jack Martin

Century 21 Selling Paradise

(239) 396-7093

Section Image

Originally from Upstate New York, Jack is a licensed Real Estate professional who has been practicing since 1989, Jack's Real Estate background includes numerous years in Fort Lauderdale, Florida, where he worked as a COMMERCIAL REAL ESTATE Practitioner. Starting out in the rental side of the industry, Jack quickly graduated to the commercial side, specializing in HOTELS, MOTELS & INCOME PROPERTIES. His Professional motto since DAY ONE has been ALWAYS READY TO HELP! Since moving to Cape Coral

Jack's Other Listings

  • 4229 SE 19th Place Unit 1D, Cape Coral, FL 33904

    $295,000

    • 2 Beds
    • 2 Baths
    • 1,360 Sq Ft
    • 4229 SE 19th Place
    • Unit 1D
    • Cape Coral, FL

    Live The Florida Lifestyle in this Totally Remodeled Direct Gulf Access Condo! Remodeled from Top To Bottom with Top of the Line Materials, This Condo is Ready For You. Located on a 200 Foot Wide Canal and Two Minutes to the River, You are also in short walking distance to Jaycee Park. This Condo Comes with a Boat Slip and Dock right outside your door and is ready to add your boat lift. Close to

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  • 5101 Coronado Pkwy Unit 102, Cape Coral, FL 33904

    $194,500 Pending

    • 2 Beds
    • 2 Baths
    • 1,014 Sq Ft
    • 5101 Coronado Pkwy
    • Unit 102
    • Cape Coral, FL

    Peace and Tranquility await you in this Beautifully Remodeled Gulf Access Condo. The Water Views Are Sensational! Located in Downtown Cape Coral and Close to Everything Cape Coral has to offer. Shopping, Dining, Night Life! By Boat; Just a Short Ride Out To The River. Dock Space is Available on the dock at no cost on a first come, first serve basis. No Expense Was Spared in the Updating of this

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  • 526 SE 5th Place, Cape Coral, FL 33990

    $698,400

    • 6 Beds
    • 4 Baths
    • 2,418 Sq Ft
    • 526 SE 5th Place
    • Cape Coral, FL

    Meticulously Maintained Owner Occupied Duplex with 3 Bedroom, 2 Bath and Garage on each side. Located on a 3 Lot site, Completely Fenced with a Large Shed, There is Plenty of Room to Add a Pool. Both units feature Nice Upgrades and amenities way beyond builder grade. The owner, in one unit is the original purchaser of the property and the other unit is family. Therefore no income is shown and it

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  • 900 Gunby Ave S Unit 20, Lehigh Acres, FL 33974

    $27,900

    • Land
    • 0.29 Acre
    • $96,207 per Acre
    • 900 Gunby Ave S
    • Unit 20
    • Lehigh Acres, FL

    OVERSIZED CORNER LOT! Located on the corner of Gunby & Asher, the location is perfect to Build your Dream Home on this extra large .2982 acre Corner Site. New Construction abounds in this rapidly growing section of Lehigh Acres and Oversized Corner Lots are in extremely high demand. Low taxes and affordability are key. Build now or hold for investment. Model Home photo with floor plan shown in

    Jack Martin Century 21 Selling Paradise

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  • 3828 SE 12th Ave, Cape Coral, FL 33904

    $585,000 Sold Apr 18, 2025

    • 4 Beds
    • 4 Baths
    • 2,136 Sq Ft
    • 3828 SE 12th Ave
    • Cape Coral, FL

    This GULF ACCESS DUPLEX on the RUBICAN CANAL Truly Has It all and is a Boaters Dream Come True. Both Units are Fully Furnished, Turn Key and Overlook The Heated Pool and Spa with the Canal Beyond. New Terex Dock with Captains Walk and 10K Boat Lift. Over $150,000 in Upgrades, New Roof in 2018, Most all Windows & Doors are Impact Glass and The List Goes On. Both Units 2/2 and are Open and

    Jack Martin Century 21 Selling Paradise

  • 3802 SE 3rd Place, Cape Coral, FL 33904

    $475,000 Sold Jun 30, 2025

    • 4 Beds
    • 2 Baths
    • 2,201 Sq Ft
    • 3802 SE 3rd Place
    • Cape Coral, FL

    Don't miss this nicely appointed 4 Bedroom Home on a 3 Lot Site with a Oversized 3 Car Garage! With Over 2,200 Sq. Ft. Under Air, this home will likely check off all the boxes on your list! The Features and Upgrades abound on this home including New Roof 2024, Rescreened Pool Cage 2024, New Pool Heater 2024, New White Vinal Fencing 2024 with Large Gates on each side, Pavered Pool Deck & Lanai,

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  • 3220 SE 5th Ave, Cape Coral, FL 33904

    $460,000 Sold Nov 15, 2024

    • 2 Beds
    • 2 Baths
    • 1,257 Sq Ft
    • 3220 SE 5th Ave
    • Cape Coral, FL

    Fantastic Sunsets Await You at this Western Exposure Gulf Access Pool Home! With a Brand New Roof and Resurfaced Pool There are no worries for years to come. Some of the Nice Features Include: Coffered Ceiling in Kitchen, Tile Floors, Updated Master Bath and Large Lanai. This is the Perfect Home for the buyer who wants to Move Up To Gulf Access Or Retirees, Or The Investor as this Home has had a

    Jack Martin Century 21 Selling Paradise

  • 502 W Archer Pkwy, Cape Coral, FL 33904

    $245,000 Sold May 28, 2025

    • Land
    • 0.25 Acre Lot
    • 502 W Archer Pkwy
    • Cape Coral, FL

    Prime Oversized Gulf Access Lot – Stunning Waterfront Views!Build the home of your dreams on this exceptional oversized Gulf access parcel, perfectly positioned on a large scenic basin (San Carlos Canal) where intersecting canals converge, creating breathtaking panoramic water views. Imagine waking up to glorious sunrises and winding down with spectacular Southwest Florida sunsets, all from

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Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 2025004508

Florida Gulf Coast Multiple Listing Service

APN: 06-45-24-C4-00487.0420