NOT LISTED FOR SALE

507 SW 2nd Terrace Unit B Cape Coral, FL 33991

Hancock Neighborhood

Estimated Value: $436,923 - $538,000

2 Beds
2 Baths
1,081 Sq Ft
$445/Sq Ft Est. Value

Highlights

  • Spanish Architecture
  • Porch
  • Tile Flooring
  • Cape Elementary School Rated A-
  • Screened Patio
  • Central Heating and Cooling System

About This Home

As of July 2022

You won't find a better opportunity! 2 Bed/2 Bath Duplex is centrally located near Pine Island Road & Nicholas. This unit is privately nestled in the front from the street. The expansive open living/dining/ kitchen great you with light and bright tile . Newer dishwasher. Primary suite has bathroom en suite. Guest bedroom features double closets PLUS a slider to the lanai. Private laundry INSIDE the unit. Enjoy the sunrise from your private lanai while overlooking expansive grassy landscape. ALL THIS FOR LESS THAN $1500/MO. INCLUDES YARD CARE, TRASH & INTERNET!!! AN AMAZING OPPORTUNITY! Please be advised absolutely no pets of any kind. Sorry, no exceptions.

Last Agent to Rent the Property

Vicki Hubbell

Ring Realty, Inc License #252000359 Listed on: 07/17/2022

Last Renter's Agent

Vicki Hubbell

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,071

Year Built

  • Built in 1980

Lot Details

  • 0.45 Acre Lot
  • West Facing Home
  • Sprinkler System

Parking

  • Assigned Parking

Home Design

  • Duplex
  • Spanish Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,081 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • Cape Coral Subdivision

Listing and Financial Details

  • Tenant pays for application fee, credit check, cable TV, electricity, pest control, sewer, telephone, water
  • The owner pays for grounds care, internet, management, trash collection
  • Legal Lot and Block 1 / 1947
  • Assessor Parcel Number 14-44-23-C1-01947.0010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,071

Year Built

Built in 1980

Lot Details

0

Rental Info

  • Tenant Pays: Application Fee, Credit Check, Cable TV, Electricity, Pest Control, Sewer, Telephone, Water

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.4534
  • Subdivision Name: CAPE CORAL
  • Directions: Nicholas to SW 2nd Terrace East to first property on the North.
  • Architectural Style: Ranch, One Story, Spanish, Duplex
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1980
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Freezer, Range, Refrigerator
  • Owner Pays: Grounds Care, Internet, Management, Trash Collection
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Cable TV
  • Living Area: 1081.0
  • Stories: 1
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Sprinklers Automatic
  • Pool Private: No
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Exterior Features: Sprinkler/Irrigation
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Parking Features: Assigned, Two Spaces

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: See Remarks
  • Pets Allowed: No

Lot Info

  • Parcel #: 14-44-23-C1-01947.0010
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Block: 1947
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2024
Sold by
Dale E Lynch Trust
Bought by
Jamb Properties Llc
Current Estimated Value
$480,731

Purchase Details

Closed on
Dec 11, 2020
Sold by
Mitchell Elaine J and Mitchell Eugene T
Bought by
Lynch Dale E and Dale E Lynch Trust

Purchase Details

Closed on
Jan 21, 2013
Sold by
Mitchell Elaine J
Bought by
Mitchell Eugene T and Mitchell Elaine J
Source: Public Records

Range of Values:

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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
Jamb Properties Llc $525,000 Superior Title
Lynch Dale E $400,000 Realty Title Solutions Lllp
Mitchell Eugene T -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2022 07/17/22 For Rent $1,450 -- --
07/17/2022 07/17/22 Rented -- -- --
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 $6,071 $404,393 $99,323 $299,005
2024 $5,592 $288,681 -- --
2023 $5,592 $262,437 $0 $0
2022 $5,175 $238,579 $0 $0
2021 $4,722 $216,890 $39,500 $177,390
2020 $4,618 $195,419 $39,500 $155,919
2019 $4,483 $192,174 $29,625 $162,549
2018 $4,304 $181,681 $29,625 $152,056
2017 $4,306 $173,630 $19,750 $153,880
2016 $3,795 $146,762 $19,750 $127,012
2015 $3,477 $112,907 $13,430 $99,477
2014 $3,403 $111,991 $13,430 $98,561
2013 -- $85,395 $8,888 $76,507
Source: Public Records

Agents Affiliated with this Home

  • V

    Landlord's Agent in 2022

    Vicki Hubbell

    Ring Realty, Inc

    (239) 243-4242

    3 in this area

    28 Total Sales

    Vicki Hubbell
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222054152

Florida Gulf Coast Multiple Listing Service

APN: 14-44-23-C1-01947.0010

Florida Lee County Cape Coral 33991 Hancock

507 SW 2nd Terrace Unit B, Cape Coral, FL

This home is located at 507 SW 2nd Terrace Unit B, Cape Coral, FL 33991 since 17 July 2022 and is currently priced at $480,731. This property was built in 1980. 507 SW 2nd Terrace Unit B is a home located in Lee County with nearby schools including Caloosa Elementary School, Tropic Isles Elementary School, and Hancock Creek Elementary School.

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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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