$450,000
$15K PRICE DROP

Estimated payment $2,941/month

Total Views 2,230
4 Beds
4 Baths
2,808 Sq Ft
$160 Price per Sq Ft

Highlights

  • Boat Dock
  • Fruit Trees
  • Park
  • Cape Elementary School Rated A-
  • Courtyard
  • 4-minute walk to Jaycee Park

About This Home

DING DING DING! SPECIAL opportunity here! Extremely rare offering of multifamily in the exclusive Beach Parkway area adjacent to Jaycee Park! This well maintained complex is a great opportunity for investors or multifamily-multigenerational living. These are VERY SPACIOUS units with large kitchens, open living and dining areas and secluded and inviting outdoor spaces. Just a delightful and charming area that is an easy attraction to tenants! Each unit features 1,404 square feet of air-conditioned living space with two bedrooms, two bathrooms, and a one-car garage. The greatroom-style floor plans include a generous size kitchen with tons of storage and a pantry plus a large dining area, creating open and functional living spaces. The master suite provides ample room and includes a built in closet along with a private en-suite bathroom. Each unit features an EXTENDED SCREENED LANAI for outdoor enjoyment, along with a separate one-car garage. In unit laundry under air conditioning as well as all tile flooring, making them low-maintenance and ideal for tenant turnover. The dimensional shingle roof was replaced in 2023. HVAC units new in 2020. NO PRIOR FLOODING TO UNIT. Duplex is located in a flood zone A and the selllers policy is assumable per the insurance agent. Unit B has been beautifully updated kitchen with granite counter tops and soft close cabinets. City water and sewer are in and all assessments are paid in full. Leases are month to month and ready for renewal or occupation of units by buyer. This property attracts quality tenants, ensuring consistent rental income year after year. Whether you are an experienced investor or just starting your portfolio, this opportunity combines steady cash flow with long-term potential. Adjacent to Jaycee Park, it’s perfect for outdoor enthusiasts and just minutes from beaches, shopping, dining, farmers markets, and the Cape Coral Yacht Club beach. Explore over 400 miles of canals, world-class fishing, and scenic waterways, all while enjoying one of the country’s top destinations for waterfront living, affordability, and quality of life. Outside your front door will soon be the BRAND NEW $16 MILLION JAYCEE PARK opening Summer, 2025. The newly reimagined Jaycee Park promises to be a stunning waterfront destination for residents and visitors alike. Set along the Caloosahatchee River, this beloved park is undergoing a complete transformation to enhance its natural beauty and functionality. Plans include expanded green spaces, modernized picnic and recreation areas, upgraded playgrounds, and improved accessibility for all ages. A new riverfront walking trail and shaded seating areas will provide picturesque spots to relax and take in the breathtaking water views. With revitalized amenities and a focus on community gatherings, the new Jaycee Park will continue to be a treasured hub for outdoor fun, fitness, and relaxation for all ages. This is the perfect location, condition and price!

Listing Agent

Paula Hellenbrand

Encore Realty Services Inc License #252010428 Listed on: 02/07/2025

Co-Listing Agent

Richard Hellenbrand

Encore Realty Services Inc License #252010437

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,618

Year Built

  • Built in 1976

Lot Details

  • 10,411 Sq Ft Lot
  • Lot Dimensions are 83 x 129 x 84 x 129
  • Fenced
  • Rectangular Lot
  • Fruit Trees

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,808 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Courtyard

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 5 & 6 / 385
  • Assessor Parcel Number 08-45-24-C1-00385.0050

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Recreation

  • Boat Dock
  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,618

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.239
  • Lot Size: 83 x 129 x 84 x 129
  • Road Surface Type: Paved
  • Co List Office Mls Id: CENCR
  • Co List Office Phone: 239-542-4600
  • Subdivision Name: CAPE CORAL
  • Directions: Del Prado Blvd to East on Beach Pkwy to North on SE 19th Ave. Property on the right.
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1976
  • Property Sub Type Additional: Duplex
  • Pets No Pets Comments: ,,,
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Owner Has Flood Insurance, Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Courtyard, Fence, Fruit Trees
  • 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: Boat Facilities, Non-Gated
  • Amenities: Park
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 08-45-24-C1-00385.0050
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Internet, Sewer, Telephone

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6618.21
  • Tax Block: 385
  • Tax Lot: 5 & 6
  • 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 $5,956 $301,534 -- --
2023 $5,956 $274,122 $0 $0
2022 $5,656 $249,202 $0 $0
2021 $4,892 $226,547 $70,719 $155,828
2020 $4,425 $193,801 $70,000 $123,801
2019 $4,426 $196,218 $70,000 $126,218
2018 $4,203 $180,871 $70,000 $110,871
2017 $4,321 $188,950 $45,000 $143,950
2016 $3,964 $167,435 $45,691 $121,744
2015 $3,706 $153,090 $41,101 $111,989
2014 $2,981 $133,514 $23,927 $109,587
2013 -- $120,490 $13,208 $107,282
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Price Changed $450,000 -3.2% $160 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
03/12/2025 03/12/25 For Sale $465,000 0.0% $166 / Sq Ft
02/07/2025 02/07/25 For Sale $465,000 +63.2% $166 / Sq Ft
11/30/2018 11/30/18 Sold $285,000 -6.3% --
10/23/2018 10/23/18 Pending -- -- --
10/02/2018 10/02/18 For Sale $304,000 +66.1% --
05/30/2014 05/30/14 Sold $183,000 -6.2% --
04/30/2014 04/30/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $195,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Accommodation
Warranty Deed $275,000 Fidelity National Title Of F
Interfamily Deed Transfer -- Attorney
Warranty Deed $183,000 Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $194,000 New Conventional
Closed $198,750 New Conventional
Previous Owner $130,000 Commercial
Source: Public Records

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Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225014975

Florida Gulf Coast Multiple Listing Service

APN: 08-45-24-C1-00385.0050