NOT LISTED FOR SALE

4709 Palm Tree Blvd Unit 1-4 Cape Coral, FL 33904

Bimini Basin Neighborhood
5 Beds
5 Baths
-- Sq Ft
0.27 Acres

Last Sold April 14, 2015

Last sale price $200,000

10 Days on Market

Highlights

  • Boat Dock
  • Corner Lot
  • Tile Flooring
  • Cape Elementary School Rated A-
  • Jalousie or louvered window
  • Central Heating and Cooling System

About This Home

As of April 2015

** Great Investment Opportunity ** Prime Location in Downtown Cape Coral ** Great Exposure ** Corner Palm Tree and SE 47th Ter ** Building always rented ** Rental income $29,100 annually ** 4 Unit building ** One large 2 Bedroom with den * one 1 bedroom 1 bath unit, and two one bedroom efficiencies with kitchenette ** Parking in front and rear of building.** Roof replaced 10 years ago. **Good money maker at today's price ** ** AS IS sale with right to inspect.

Last Agent to Sell the Property

Jackie Nolen

Century 21 Selling Paradise License #252000703 Listed on: 03/04/2015

Century 21 Selling Paradise

Last Buyer's Agent

Joy Mengeringhausen

Nexthome South Pointe License #251500838

Nexthome South Pointe

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,374

Year Built

  • Built in 1973

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 95 x 125 x 95 x 125
  • Corner Lot
  • Oversized Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Jalousie or louvered window
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for credit check, electricity, telephone
  • Legal Lot and Block 1 / 286
  • Assessor Parcel Number 12-45-23-C3-00286.0010

Community Details

Overview

  • 4 Units
  • Cape Coral Subdivision

Amenities

  • Community Storage Space

Recreation

  • Boat Dock

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $10,000
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,374

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.27
  • Lot Size: 95 x 125 x 95 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: Cape Coral Pkwy to north on Palm Tree to corner of Palm Tree and SE 47 ter.
  • Architectural Style: Ranch, One Story
  • Building Stories: 1
  • Structure Type: Quadruplex
  • Year Built: 1973
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Flooring: Tile
  • Window Features: Jalousie, Single Hung

Exterior Features

  • Lot Features: Corner Lot, Oversized Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: See Remarks
  • Construction Type: Block, Concrete, Stucco
  • 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
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: None, Storage
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 12-45-23-C3-00286.0010
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Credit Check, Electricity, Telephone

Multi Family

  • Number Of Units Total: 4
  • Property Net Operating Income: 30000.0
  • Annual Operating Expense: 10000.0

Tax Info

  • Tax Annual Amount: 3374.0
  • Tax Block: 286
  • Tax Lot: 1
  • Tax Year: 2014

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2015 04/14/15 Sold $200,000 -7.4% --
03/15/2015 03/15/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $215,900 -- --
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jackie Nolen

    Seller's Agent in 2015

    Jackie Nolen

    Century 21 Selling Paradise

    (239) 851-2766

    2 in this area

    78 Total Sales

    Jackie Nolen
    Section Image

  • J

    Buyer's Agent in 2015

    Joy Mengeringhausen

    Nexthome South Pointe

    (239) 333-9882

    1 Total Sale

    Joy Mengeringhausen
    Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 215015084

Florida Gulf Coast Multiple Listing Service
Florida Lee County Cape Coral 33904 Bimini Basin

4709 Palm Tree Blvd Unit 1-4, Cape Coral, FL

This home is located at 4709 Palm Tree Blvd Unit 1-4, Cape Coral, FL 33904 since 04 March 2015. This property was built in 1973. 4709 Palm Tree Blvd Unit 1-4 is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Hancock Creek Elementary School.

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

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