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$ 712,500
$ 785,000 9.2%
6 Beds
4 Baths
0.34 Acres Lot
$ 712,500
$ 785,000 9.2%
6 Beds
4 Baths
0.34 Acres Lot
Key Details
Sold Price $712,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Cape Coral
MLS Listing ID 224101230
Sold Date 06/17/25
Bedrooms 6
Full Baths 4
Year Built 1995
Annual Tax Amount $1,711
Tax Year 2023
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type Duplex
Source Florida Gulf Coast
Property Description
Attention investors! This fully remodeled duplex in Cape Coral, Florida, is the perfect addition to your portfolio. Located on a peaceful freshwater canal with a private pool, this property offers immediate cash flow with both units already rented under long-term leases.
Key Investment Features:
• Two spacious units: Each fully updated with modern finishes, including brand-new kitchens with quartz countertops, stainless steel appliances, and luxury vinyl plank flooring.
• Long-term tenants: Both units are occupied under secure leases, providing consistent and reliable rental income.
• Private pool and outdoor patios: A premium feature that attracts and retains tenants while commanding higher rents.
• Canal-front living: Tenants enjoy waterfront views, kayaking, fishing, and peaceful outdoor relaxation.
Investor Highlights:
• Low-maintenance upgrades: Newer roof (2020), windows and doors (2017), updated plumbing (2023), and fresh landscaping minimize ongoing expenses.
• Immediate cash flow: No need to worry about vacancy – leases are already in place!
• Prime location: Close to schools, shopping, dining, and parks, this property is in a high-demand rental market.
• Strong Cape Coral rental demand: Ideal for investors looking for stable, long-term income with excellent growth potential.
This turnkey property is a hassle-free opportunity to start earning from day one. With its ideal location, upgraded features, and long-term tenants, it's a smart investment for any portfolio.
Location
State FL
County Lee
Area Cc14 - Cape Coral Unit 16, 18, 22-
Zoning R3-W
Interior
Heating Central Electric
Cooling Ceiling Fan(s), Central Electric
Flooring Vinyl
Window Features Impact Resistant
Exterior
Exterior Feature Concrete Dock, Dock Included
Pool In Ground
Community Features None, Boating
Utilities Available Cable Available
Waterfront Description Canal Front,Seawall
Roof Type Shingle
Porch Patio
Private Pool Yes
Building
Lot Description Dead End
Sewer Assessment Paid
Water Assessment Paid
Structure Type Concrete Block,Stucco
New Construction No
Others
Tax ID 24-44-23-C3-01035.0110
Acceptable Financing Buyer Finance/Cash, FHA, VA Loan
Listing Terms Buyer Finance/Cash, FHA, VA Loan
Bought with Dalton Wade Inc