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  • $49,000

    1016 SE 8th St APT 4, Cape Coral, FL 33990

    1beds
    652sqft
    Condominium
    Built in 1987
    -- sqft lot
    $83,800 Zestimate®
    $75/sqft
    $1,309 Estimated rent

    Home value

    $83,800

    $70,000 - $100,000

    $1,309/mo

    Zestimate® history
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    What's special

    BY FAR..the LOWEST PRICED condo in Cape Coral *** NOT a 55+ community *** In the heart of Cape Coral *** The building is a one story >> hence the condo is on GROUND LEVEL without any stairs to climb *** In GOOD CONDITION, ready to move in *** FRESHLY PAINTED in modern color *** NEW fans *** NEW blinds ** THIS is a lovely community for an an owner occupant as well as a snowbird *** Only 8 units placed in horseshoe formation around the large community pool *** Very quiet community *** It also is a good investment with ca. 7% anticipated ROI >> the yearly rental income for comparable units is about 15,000 *** Property taxes in 2022 were only $1,120 *** The HOA fee is reasonable with $300 p.m. *** Water is INCLUDED in the HOA *** LARGE parking lot *** VERY central location: 2 minutes to Del Prado, 12 min to Ft Myers, 17 min to Cape Coral Beach *** Water heater replaced in 2018 *** Ac replaced in 2017 *** Seller will install new bathroom cabinet ***

    Zillow last checked:

    Listing updated:

    Listed by:

    Bodo Kleber 239-850-2108,

    Florida Homes Realty Group Inc

    Bought with:

    Kara Livingston, 258028858

    Old Glory Realty

    Source: Florida Gulf Coast MLS,MLS#: 223044746MLS LogoOriginating MLS: Florida Gulf Coast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Dishwasher, Range, Refrigerator
    • Laundry: Washer Hookup, Dryer Hookup, Inside
    Features
    • Living/Dining Room, Tub Shower
    • Flooring: Tile
    • Windows: Single Hung
    Interior area
    • Total structure area: 652
    • Total interior livable area: 652 sqft

    Property

    Parking
    • Parking features: Assigned, One Space
    Features
    • Stories: 1
    • Exterior features: None, Other
    • Pool features: Community
    • Has view: Yes
    • View description: Pool
    • Waterfront features: None
    Lot
    • Size: 7,169 Square Feet
    • Features: Zero Lot Line
    Details
    • Parcel number: 184424C401000.0040
    • Lease amount: $0

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Other,Ranch,One Story,Low Rise
    • Property subtype: Condominium
    Materials
    • Block, Concrete, Wood Siding
    • Roof: Shingle
    Condition
    • Resale
    • Year built: 1987

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Non-Gated
    • Security: Smoke Detector(s)
    • Condo and coop fee: $0
    • Membership fee: $0
    • Subdivision: SUNNY PALMS WEST
    HOA
    • Has HOA: Yes
    • Amenities included: Pool, Management
    • Services included: Maintenance Grounds, Pest Control, Sewer, Trash, Water
    • HOA phone: 239-218-1167
    Location
    • Region: Cape Coral

    Financial & listing details

    • Price per square foot: $75/sqft
    • Tax assessed value: $80,951
    • Annual tax amount: $1,119
    • Date on market: 8/22/2023
    • Cumulative days on market: 98 days
    • Listing terms: All Financing Considered,Cash
    • Ownership: Condo
    • Contingency: Inspection

    Price history

    DateEventPrice
    5/12/2026Sold$49,000-61.4%$75/sqft
    Source: Public Record Report a problem
    11/28/2023Sold$127,000-5.9%$195/sqft
    Source: Florida Gulf Coast MLS #223044746 Report a problem
    9/28/2023Pending sale$135,000$207/sqft
    Source: Florida Gulf Coast MLS #223044746 Report a problem
    9/20/2023Price change$135,000+4.7%$207/sqft
    Source: Florida Gulf Coast MLS #223044746 Report a problem
    9/9/2023Price change$129,000-6.5%$198/sqft
    Source: Florida Gulf Coast MLS #223044746 Report a problem
    8/22/2023Listed for sale$138,000+430.8%$212/sqft
    Source: Florida Gulf Coast MLS #223044746 Report a problem
    9/20/2012Sold$26,000$40/sqft
    Source: Public Record Report a problem
    6/30/2012Listed for sale$26,000-25.7%$40/sqft
    Source: Real Living Cypress Realty #201224142 Report a problem
    3/5/1997Sold$35,000$54/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,769 -3.1%$80,951 -9.6%
    2024$1,825 +35.6%$89,503 +104.1%
    2023$1,346 +20.2%$43,859 +10%
    2022$1,120 +16.4%$39,872 +10%
    2021$962 +8.3%$36,247 +10%
    2020$889 +5.3%$32,952 -20%
    2019$844 $41,183
    2018$844 +3.5%$41,183 +18.6%
    2017$816 +10.5%$34,723 +16.2%
    2016$739 +10%$29,877 +7.9%
    2015$672 +6.4%$27,700 +48.9%
    2014$631 +27.1%$18,600 +0.6%
    2013$497 +906.1%$18,480 +10%
    2012$49 -1.1%$16,800 -7.7%
    2011$50 -2.9%$18,200 -23.2%
    2010$51 -94.2%$23,700 -40.3%
    2009$883 +335.4%$39,730 -51.5%
    2008$203 +8.4%$82,000 -15.5%
    2007$187 +5.4%$97,000 -3%
    2006$178 +20.3%$100,000 +100%
    2004$148 +2.8%$50,000 +25%
    2003$144 +12.1%$40,000 +29%
    2002$128 $31,000 +6.9%
    2000-- $29,000
    Find assessor info on the county website

    Neighborhood: 33990

    Nearby schools

    GreatSchools rating
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