NOT LISTED FOR SALE
8 Beds
8 Baths
4,314 Sq Ft
0.46 Acres

Last Sold October 31, 2016

Last sale price $400,000 $93 Per Sq Ft

198 Days on Market

Highlights

  • 0.46 Acre Lot
  • Jalousie or louvered window
  • Tile Flooring
  • Cape Elementary School Rated A-
  • Park
  • Central Heating and Cooling System

About This Home

As of October 2016

This is 7 units in 2 separate buildings with one strap number. First building is 3 units consisting of 2/2/2, 1/1 and 1/1. Second building consists of 2 efficiencies and 2 one bedrooms. Located in the desirable downtown area. Walk to everything! All units are in good condition and easily rent. 12 month operating profit $41,479 per attached Income and Expense Summary.

Last Agent to Sell the Property

Patrick Mulcahy

MVP Realty Associates LLC License #596509449 Listed on: 03/16/2016

MVP Realty Associates LLC

Last Buyer's Agent

Denny Sharma

Coldwell Banker Realty License #258000361

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,128

Year Built

  • Built in 1968

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 160 x 125 x 160 x 125

Home Design

  • Quadruplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 4,314 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Jalousie or louvered window

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
  • Legal Lot and Block 15 / 55
  • Assessor Parcel Number 18-45-24-C1-00055.0150

Community Details

Overview

  • 7 Units
  • Cape Coral Subdivision

Recreation

  • Park

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $10,040
  • Net Operating Income $50,860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,128

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.46
  • Lot Size: 160 x 125 x 160 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: Miramar St. to Viceroy St.
  • Architectural Style: Ranch, One Story
  • Building Stories: 1
  • Structure Type: Quadruplex
  • Year Built: 1968
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Flooring: Carpet, Tile
  • Window Features: Jalousie

Exterior Features

  • Lot Features: Multiple lots
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Room For Pool
  • 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
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: Park
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 18-45-24-C1-00055.0150
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Number Of Units Total: 7
  • Property Net Operating Income: 50860.0
  • Annual Operating Expense: 10040.0

Tax Info

  • Tax Annual Amount: 6128.0
  • Tax Block: 55
  • Tax Lot: 15
  • Tax Year: 2015

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 Change Sq Ft Price
10/31/2016 10/31/16 Sold $400,000 -20.0% $93 / Sq Ft
10/01/2016 10/01/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $499,900 -- $116 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216020157

Florida Gulf Coast Multiple Listing Service