NOT LISTED FOR SALE

603 SE 46th Terrace Unit 1-2 Cape Coral, FL 33904

Caloosahatchee Neighborhood
4 Beds
4 Baths
1,600 Sq Ft
0.31 Acres

Last Sold June 04, 2021

Last sale price $287,500 $180 Per Sq Ft

26 Days on Market

Highlights

  • Corner Lot
  • Jalousie or louvered window
  • Tile Flooring
  • Cape Elementary School Rated A-
  • Window Unit Cooling System
  • Window Unit Heating System

About This Home

As of June 2021

Looking for an investment property with cash flow? Annual Rentals are in high demand in Cape Coral and averaging 99% occupancy. Don’t miss this opportunity to own a Duplex with 30K in gross income with an excellent location in the CRA district close to downtown Cape Coral. The building consists of two 2 bed, 2 bath units with separate electric meters on an oversized lot. Major updates include, new roof and carport, new exterior paint, updated electrical, and updated kitchen. Schedule your showing today!

Last Agent to Sell the Property

Jacklyn Rogers

RE/MAX Trend License #252012712 Listed on: 04/08/2021

RE/MAX Trend

Last Buyer's Agent

Nick Rinella

The Landmark Group SWFL LLC License #258029302

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,105

Year Built

  • Built in 1968

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 111 x 115 x 114 x 109
  • Corner Lot
  • Oversized Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Jalousie or louvered window
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System

Listing and Financial Details

  • Tenant pays for application fee, electricity, internet, security
  • Legal Lot and Block 47 / 319
  • Assessor Parcel Number 12-45-23-C3-00319.0470

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $8,130
  • Net Operating Income $21,870

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,105

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.305
  • Lot Size: 111 x 115 x 114 x 109
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Ranch, One Story
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1968
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Tile
  • Window Features: Jalousie, Single Hung

Exterior Features

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 12-45-23-C3-00319.0470
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Application Fee, Electricity, Internet, Security

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 21870.0
  • Annual Operating Expense: 8130.0

Tax Info

  • Tax Annual Amount: 4105.0
  • Tax Block: 319
  • Tax Lot: 47
  • Tax Year: 2020

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

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2021 06/04/21 Sold $287,500 +4.5% $180 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $275,000 -- $172 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jacklyn Rogers

    Seller's Agent in 2021

    Jacklyn Rogers

    RE/MAX

    (239) 292-2705

    11 in this area

    83 Total Sales

    Jacklyn Rogers
    Section Image

  • N

    Buyer's Agent in 2021

    Nick Rinella

    The Landmark Group SWFL LLC

    (239) 257-9742

    3 in this area

    69 Total Sales

    Nick Rinella
    Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221025052

Florida Gulf Coast Multiple Listing Service
Florida Lee County Cape Coral 33904 Caloosahatchee

603 SE 46th Terrace Unit 1-2, Cape Coral, FL

This home is located at 603 SE 46th Terrace Unit 1-2, Cape Coral, FL 33904 since 08 April 2021. This property was built in 1968. 603 SE 46th Terrace Unit 1-2 is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa 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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