$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
0.38 Acres Lot
SOLD DATE : 11/05/2025
Key Details
Sold Price $725,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Cape Coral
MLS Listing ID 2025004508
Sold Date 11/05/25
Style See Remarks
Bedrooms 8
Full Baths 8
HOA Y/N No
Year Built 1985
Annual Tax Amount $10,022
Tax Year 2024
Lot Size 0.376 Acres
Acres 0.376
Property Sub-Type Quadruplex
Source Florida Gulf Coast
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
Area Cc12 - Cape Coral Unit 7-15
Zoning R3-D
Interior
Heating Central Electric
Cooling Ceiling Fan(s), Central Electric
Flooring Tile
Window Features Single Hung,Sliding
Exterior
Exterior Feature Courtyard, Privacy Wall, Sprinkler Auto, Storage
Community Features BBQ - Picnic, See Remarks, Sidewalks, Non-Gated
Utilities Available Cable Available
Waterfront Description None
Roof Type Shingle
Private Pool No
Building
Lot Description 3 Lots
Sewer Assessment Paid, Central
Water Assessment Paid, Central
Architectural Style See Remarks
Structure Type Concrete Block,Stucco
New Construction No
Others
Tax ID 06-45-24-C4-00487.0420
Acceptable Financing Buyer Finance/Cash
Listing Terms Buyer Finance/Cash
Pets Allowed No Approval Needed
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! "