NOT LISTED FOR SALE

520 SE 7th Ave Unit A-B Cape Coral, FL 33990

Hancock Neighborhood

Estimated Value: $272,328 - $335,000

4 Beds
2 Baths
1,596 Sq Ft
$194/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $320,000 $201 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,101/month

57 Days on Market

Highlights

  • Central Heating and Cooling System
  • Ceiling Fan
  • Fenced
  • Cape Elementary School Rated A-
  • Rectangular Lot

About This Home

As of December 2023

New roof; New windows! BEST VALUE on a duplex in SE Cape Coral! OUTSTANDING addition to your investment portfolio! Updated, well-maintained duplex IDEALLY LOCATED in the heart of Cape Coral near LOTS of shopping, schools, health care, parks, library & entertainment. No shortage of restaurants - fast food to fine dining. For a day of family fun, Sun Splash Family Water Park and Gator Mike's Family Fun Park are less than 10 mins away, and for golfers and beach goers, there are 31 golf courses & 4 sugar-sand beaches less than an hour away! NEW ROOF in May 2023! A/C units are about 5 years old & regularly serviced. Each side features 2 Bedrooms /1 Bathroom with shower/tub combo; granite counters. Tile and brand new laminate flooring (no carpet). Each side has a Fenced back yard. City water, sewer, & irrigation. Not in a flood zone. Tenant in Unit A has a lease thru 12/31/23. Unit B is vacant. Plan NOW for your retirement income stream before this one gets away!

Last Agent to Sell the Property

Bonney Leckie

Century 21 Selling Paradise License #252011561 Listed on: 11/01/2023

Century 21 Selling Paradise

Last Buyer's Agent

NMLS NMLS

NON MLS OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,678

Year Built

  • Built in 1980

Lot Details

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

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,596 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Laminate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for cable TV, electricity, internet, sewer, water
  • Legal Lot and Block 31 / 1141
  • Assessor Parcel Number 13-44-23-C3-01141.0310

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $6,000
  • Net Operating Income $17,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,678

Year Built

Built in 1980

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
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1980
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Laminate
  • 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, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Unpaid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 13-44-23-C3-01141.0310
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 17400.0
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Annual Amount: 4677.9
  • Tax Block: 1141
  • Tax Lot: 31
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Dec 28, 2023
Sold by
Sharlyn R Meller Revocable Trust and Meller Sharlyn R
Bought by
Capote Osniel
Seller's Agent
Bonney Leckie
Century 21 Selling Paradise
Buyer's Agent
NMLS NMLS
NON MLS OFFICE
List Price
$399,975
Sold Price
$320,000
Premium/Discount to List
-$79,975
-19.99%
Views
102
Current Estimated Value
$310,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,918
Avg. Annual Appreciation
-1.71%
Original Mortgage
$240,000
Outstanding Balance
$235,853
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$74,229

Purchase Details

Closed on
Aug 19, 2020
Sold by
Meller Florida Properties
Bought by
Sharlyn R Meller Revocable Trust

Purchase Details

Closed on
Mar 7, 2012
Sold by
Bluelevel Llc
Bought by
Meller Florida Properties Llc

Purchase Details

Closed on
Nov 30, 2010
Sold by
Villalon Andres G
Bought by
Bluelevel Llc

Purchase Details

Closed on
Apr 29, 2009
Sold by
Treffi Thomas and Treffi Joann
Bought by
Villalon Andres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,600
Interest Rate
5.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 13, 2008
Sold by
Treffi Thomas and Treffi Joann
Bought by
Treffi Thomas and Treffi Joann

Purchase Details

Closed on
Dec 11, 2006
Sold by
Treffi Thomas and Treffi Joann
Bought by
Treffi Thomas and Treffi Joann

Purchase Details

Closed on
Aug 2, 2005
Sold by
Gorving Susan Janice and Sevick Susan
Bought by
Treffi Thomas and Treffi Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
5.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 28, 1997
Sold by
Robinson John W and Robinson Tina M
Bought by
Sevick Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,415
Interest Rate
7.38%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 14, 1996
Sold by
Gowing Peterd J and Gowing Lynne E
Bought by
Robinson John W and Robinson Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,900
Interest Rate
8.21%
Mortgage Type
Commercial
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
Capote Osniel $320,000 Cape Coral Title
Sharlyn R Meller Revocable Trust -- Attorney
Meller Florida Properties Llc $75,500 Fidelity National Title Of F
Bluelevel Llc $60,000 Fidelity Natl Title Ins Co
Villalon Andres $52,000 Titleworks Of Sw Florida Inc
Treffi Thomas -- None Available
Treffi Thomas -- None Available
Treffi Thomas $238,000 Platinum Land Title Agency I
Sevick Susan $73,900 --
Robinson John W $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capote Osniel $240,000
Previous Owner Villalon Andres $41,600
Previous Owner Treffi Thomas $190,400
Previous Owner Sevick Susan $73,415
Previous Owner Robinson John W $39,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2024 01/03/24 Pending -- -- --
12/29/2023 12/29/23 Sold $320,000 -8.5% $201 / Sq Ft
12/04/2023 12/04/23 Price Changed $349,750 -6.7% $219 / Sq Ft
11/30/2023 11/30/23 Price Changed $374,975 -6.3% $235 / Sq Ft
11/01/2023 11/01/23 For Sale $399,975 -- $251 / 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
2025 $5,683 $216,741 $66,215 $142,257
2024 $5,683 $223,434 $81,159 $133,799
2023 $4,873 $152,354 $0 $0
2022 $4,271 $138,504 $0 $0
2021 $3,961 $125,913 $48,668 $77,245
2020 $3,547 $114,670 $42,000 $72,670
2019 $3,380 $113,049 $45,000 $68,049
2018 $3,247 $106,587 $35,000 $71,587
2017 $3,089 $96,092 $16,000 $80,092
2016 $2,946 $87,914 $17,679 $70,235
2015 $2,751 $75,395 $14,608 $60,787
2014 -- $66,299 $10,439 $55,860
2013 -- $56,900 $6,124 $50,776
Source: Public Records

Agents Affiliated with this Home

  • Bonney Leckie

    Seller's Agent in 2023

    Bonney Leckie

    Century 21 Selling Paradise

    (239) 699-5197

    23 in this area

    256 Total Sales

    Bonney Leckie
    Section Image

  • N

    Buyer's Agent in 2023

    NMLS NMLS

    NON MLS OFFICE

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223079023

Florida Gulf Coast Multiple Listing Service

APN: 13-44-23-C3-01141.0310

Florida Lee County Cape Coral 33990 Hancock

520 SE 7th Ave Unit A-B, Cape Coral, FL

This home is located at 520 SE 7th Ave Unit A-B, Cape Coral, FL 33990 since 01 November 2023 and is currently estimated at $310,082, approximately $194 per square foot. This property was built in 1980. 520 SE 7th Ave Unit A-B is a home located in Lee County with nearby schools including Caloosa Elementary School, Hancock Creek Elementary School, and Tropic Isles 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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