NOT LISTED FOR SALE

Estimated Value: $220,000 - $236,000

8 Beds
8 Baths
4,640 Sq Ft
$49/Sq Ft Est. Value

Last Sold July 26, 2018

Last sale price $387,400 $83 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $1,522/month

33 Days on Market

Highlights

  • 0.46 Acre Lot
  • Tile Flooring
  • Rectangular Lot
  • Cape Elementary School Rated A-
  • Central Heating and Cooling System
  • Fenced

About This Home

As of July 2018

INVESTOR OPPORTUNITY to own TWO 4plexes(4436 & 4440 Orchid Blvd) in Awesome SE Cape Coral Location. Tenants are in place with current up to date leases. All 8 units are large 2 Bedroom/2 Bath, each unit has a private balcony on the backside of the building and a private screened lanai on the front side of the building. ALL Units have been very well maintained. Owner will NOT sell buildings separately. Each of the 8 units have their own Strap Number. Please see 4440 Orchid Blvd MLS#218036553

Last Agent to Sell the Property

Petra Svobodova

PS Florida Realty LLC License #258017116 Listed on: 05/23/2018

Co-Listed By

Marie McCarthy

PS Florida Realty LLC License #258022381

Last Buyer's Agent

Juan Franco

Sabella Realty Inc License #252011861

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,068

Year Built

  • Built in 1983

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 125 x 80 x 80 x 125
  • Fenced
  • Rectangular Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 4,640 Sq Ft Home
  • Single Hung Windows

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer, telephone, water
  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number 08-45-24-C4-0400B.0010

Community Details

Overview

  • 4 Units
  • Pier One Condo Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $9,178
  • Net Operating Income $31,322

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,068

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.46
  • Lot Size: 125 x 80 x 80 x 125
  • Co List Office Mls Id: FRAW
  • Co List Office Phone: (239) 482-7785
  • Subdivision Name: PIER ONE CONDO
  • Directions: Driving North on Del Prado blvd turn right on SE 46th St,than turn left on Orchid Blvd. properties will be on your left.
  • Structure Type: Quadruplex
  • Year Built: 1983
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Flooring: Carpet, Tile
  • Window Features: Single Hung

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 08-45-24-C4-0400B.0010
  • Zoning Description: condominium/04
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer, Telephone, Water

Multi Family

  • Number Of Units Total: 4
  • Property Net Operating Income: 31322.0
  • Annual Operating Expense: 9178.0

Tax Info

  • Tax Annual Amount: 8068.0
  • Tax Block: 1
  • Tax Lot: 1
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2021
Sold by
Advanced Llc
Bought by
Topside Property Llc
Current Estimated Value
$229,667
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Topside Property Llc -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2018 07/26/18 Sold $387,400 -3.1% $83 / Sq Ft
06/26/2018 06/26/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $399,900 +19.4% $86 / Sq Ft
06/08/2015 06/08/15 Sold $335,000 -4.3% $289 / Sq Ft
05/09/2015 05/09/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $350,000 -- $302 / 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
2024 $3,276 $190,579 -- --
2023 $3,276 $173,254 $0 $0
2022 $2,814 $157,504 $0 $157,504
2021 $2,249 $113,688 $0 $113,688
2020 $2,131 $103,360 $0 $103,360
2019 $2,134 $104,168 $0 $104,168
2018 $2,171 $104,168 $0 $104,168
2017 $2,085 $98,515 $0 $98,515
2016 $2,075 $96,813 $0 $96,813
2015 $1,836 $83,000 $0 $83,000
2014 -- $50,300 $0 $50,300
2013 -- $43,100 $0 $43,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218037263

Florida Gulf Coast Multiple Listing Service

APN: 08-45-24-C4-0400B.0010