$725,000
$755,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
8 Baths
3,728 SqFt
SOLD DATE : 11/05/2025
Key Details
Sold Price $725,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,728 sqft
Price per Sqft $194
Subdivision Cape Coral
MLS Listing ID 2025004508
Sold Date 11/05/25
Style See Remarks,Duplex
Bedrooms 8
Full Baths 8
Construction Status Resale
HOA Y/N No
Year Built 1985
Annual Tax Amount $10,022
Tax Year 2024
Lot Size 0.376 Acres
Acres 0.376
Lot Dimensions Appraiser
Property Sub-Type Duplex
Property Description
Investment Opportunity!
This well-maintained 4-Plex is fully occupied and offers an excellent blend of stability and upside potential. The property is comprised of two buildings with two units each, thoughtfully arranged around a private central courtyard that adds both charm and functionality.
Each of the four spacious units features:
• 2 Bedrooms / 2 Bathrooms
• In-unit laundry for tenant convenience
• Tile flooring throughout for durability and easy maintenance
• Screened lanais that extend the living space outdoors
Recent capital improvements provide peace of mind, including a new roof (2022) and newer A/C systems. One unit has already been tastefully updated, demonstrating the added value potential for future renovations.
This property offers investors a rare opportunity in today's market, with an attractive 6% cap rate and pro-forma financials that reflect strong rental demand.
Properties like this rarely hit the market, so don't wait—this is the ideal blend of turnkey income, long-term appreciation, and prime rental appeal.
Location
State FL
County Lee
Community Cape Coral
Area Cc12 - Cape Coral Unit 7-15
Rooms
Bedroom Description NaN
Interior
Heating Central, Electric
Cooling Central Air, Ceiling Fan(s), Electric
Flooring Tile
Furnishings Furnished
Fireplace No
Window Features Single Hung,Sliding
Exterior
Exterior Feature Courtyard, Sprinkler/ Irrigation, Privacy Wall, Storage
Community Features Non- Gated
Utilities Available Cable Available
Amenities Available Barbecue, Picnic Area, See Remarks, Sidewalks
Waterfront Description None
Water Access Desc Assessment Paid,Public
Roof Type Shingle
Garage No
Private Pool No
Building
Lot Description Multiple lots, Sprinklers Automatic
Sewer Assessment Paid, Public Sewer
Water Assessment Paid, Public
Architectural Style See Remarks, Duplex
Structure Type Block,Concrete,Stucco
Construction Status Resale
Others
Pets Allowed Yes
Senior Community No
Tax ID 06-45-24-C4-00487.0420
Acceptable Financing All Financing Considered, Cash
Disclosures Seller Disclosure
Listing Terms All Financing Considered, Cash
Financing Conventional
Pets Allowed Yes
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Premiere Plus Realty Company
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "