NOT LISTED FOR SALE

4401 SW 7th Place Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $434,000 - $487,000

6 Beds
4 Baths
2,400 Sq Ft
$191/Sq Ft Est. Value

Last Sold July 18, 2024

Last sale price $510,000 $212 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,126/month

77 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Fenced
  • Cape Coral High School Rated A-

About This Home

As of July 2024

Welcome to your investment opportunity in the heart of Cape Coral! This modern 6/4 duplex is your gateway to the flourishing real estate market of Southwest Florida. Located in the vibrant community of Cape Coral, this property offers the promise of both comfort and potential for lucrative returns. Each unit features 3 bedrooms and 2 bathrooms, offering spacious living areas perfect for families or professionals seeking upscale accommodation. Bright interiors, modern fixtures, and stylish finishes create an inviting atmosphere that tenants will love coming home to. Investors, rejoice! This duplex boasts a prime location with proximity to local amenities, schools, and entertainment options. Whether your tenants are drawn to the nearby beaches, golf courses, or dining destinations, they'll find everything they need just moments away. With Cape Coral's soaring rental demand, this property presents a golden opportunity for passive income and long-term growth. Take advantage of the thriving rental market and secure your financial future with this exceptional investment. Don't miss out on this chance to own a piece of paradise in Cape Coral. Schedule your viewing today and start reaping the rewards of real estate success! City water is in and ASSESSMENTS PAID! Only written contract offers will be considered and no subject-to offers will be considered.

Last Agent to Sell the Property

Daryl Teblum

Century 21 Selling Paradise License #258029740 Listed on: 04/21/2024

Century 21 Selling Paradise

Co-Listed By

Amy Teblum

Century 21 Selling Paradise License #258032285

Last Buyer's Agent

Eduardo Raya

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,643

Year Built

  • Built in 2017

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,400 Sq Ft Home
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, internet, telephone, water
  • Legal Lot and Block 7 / 1715
  • Assessor Parcel Number 11-45-23-C4-01715.0070

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $1,200
  • Net Operating Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,643

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Co List Office Mls Id: CSPRI
  • Co List Office Phone: 239-542-5777
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 2017
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

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

Exterior Features

  • Lot Features: Other
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Fence, Room For Pool
  • Property Condition: Resale
  • Roof: Shingle

Utilities

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

Condo/Co-op/Association

  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 11-45-23-C4-01715.0070
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Internet, Telephone, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 43200.0
  • Annual Operating Expense: 1200.0

Tax Info

  • Tax Annual Amount: 5642.6
  • Tax Block: 1715
  • Tax Lot: 7
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2024
Closed on
Jul 18, 2024
Sold by
Kelly Rita Ann
Bought by
Hernandez Ragnar S
Seller's Agent
Daryl Teblum
Century 21 Selling Paradise
Buyer's Agent
Eduardo Raya
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Views
43
Current Estimated Value
$459,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,000
Avg. Annual Appreciation
-7.15%
Original Mortgage
$357,000
Outstanding Balance
$352,703
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$106,297

Purchase Details

Closed on
Mar 25, 2021
Sold by
Schneider Edward M and Schneider Jennifer G
Bought by
Kelly Rita Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,751
Interest Rate
2.73%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 6, 2018
Closed on
Apr 10, 2018
Sold by
24Th Avenue Vacation Villas Ltd
Bought by
Drangula Micharl C and Drangula Amy L
Seller's Agent
Albert Baeza
RE/MAX Gulf Coast Realty
Buyer's Agent
Sherrie mason
Royal Shell Real Estate, Inc.

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,703
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 16, 2016
Sold by
Pizarro George R
Bought by
Schneider Edward M and Schneider Jennifer G

Purchase Details

Closed on
Jan 22, 1999
Sold by
Pacheco Teresita Dejesus
Bought by
Pizarro George R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Hernandez Ragnar S $510,000 Fidelity National Title Of Flo
Kelly Rita Ann $345,000 Fidelity Natl Ttl Of Fl Inc
Drangula Micharl C $324,000 Sandcastle Title Svcs Llc
Schneider Edward M $30,000 Fidelity Natl Title Fl Inc
Pizarro George R $5,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Ragnar S $357,000
Previous Owner Kelly Rita Ann $338,751
Previous Owner Drangula Micharl C $296,703
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2024 07/18/24 Sold $510,000 -2.9% $213 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
04/21/2024 04/21/24 For Sale $525,000 0.0% $219 / Sq Ft
12/14/2018 12/14/18 For Rent $1,250 0.0% --
12/14/2018 12/14/18 Rented -- -- --
05/29/2018 05/29/18 Rented -- -- --
04/29/2018 04/29/18 Under Contract -- -- --
04/06/2018 04/06/18 For Rent $1,250 +2.0% --
06/15/2017 06/15/17 Rented -- -- --
05/16/2017 05/16/17 Under Contract -- -- --
04/19/2017 04/19/17 For Rent $1,225 -- --
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 $8,532 $454,839 $69,445 $369,239
2024 $5,643 $452,070 $70,846 $363,132
2023 $5,643 $309,932 $0 $0
2022 $5,273 $300,905 $0 $0
2021 $5,453 $258,028 $45,000 $213,028
2020 $5,169 $232,536 $40,000 $192,536
2019 $4,906 $220,452 $40,000 $180,452
2018 $4,958 $222,048 $35,000 $187,048
Source: Public Records

Agents Affiliated with this Home

  • Daryl Teblum

    Seller's Agent in 2024

    Daryl Teblum

    Century 21 Selling Paradise

    (239) 542-5777

    2 in this area

    73 Total Sales

    Daryl Teblum
    Section Image

  • A

    Seller Co-Listing Agent in 2024

    Amy Teblum

    Century 21 Selling Paradise

    (239) 424-0364

    2 in this area

    37 Total Sales

    Amy Teblum
    Section Image

  • E

    Buyer's Agent in 2024

    Eduardo Raya

  • Albert Baeza

    Seller's Agent in 2018

    Albert Baeza

    RE/MAX Gulf Coast Realty

    (850) 225-4538

    20 in this area

    165 Total Sales

    Albert Baeza
    Section Image

  • S

    Buyer's Agent in 2018

    Sherrie mason

    Royal Shell Real Estate, Inc.

    (901) 212-0126

    7 in this area

    19 Total Sales

    Sherrie mason
    Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224034545

Florida Gulf Coast Multiple Listing Service

APN: 11-45-23-C4-01715.0070

Florida Lee County Cape Coral 33914 Pelican

4401 SW 7th Place, Cape Coral, FL

Not Listed for Sale

MultiFamily

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