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Off market
  • $406,500

    1314 SE 40th Ter, Cape Coral, FL 33904

    4beds
    562sqft
    MultiFamily
    Built in 1965
    -- sqft lot
    $406,500 Zestimate®
    $723/sqft
    $1,243 Estimated rent

    Home value

    $406,500

    $370,000 - $451,000

    $1,243/mo

    Zestimate® history
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    $2,682/mo

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    What's special

    FANTASTIC INVESTMENT PROPERTY!! MUST SEE ! Excellent CAP RATE! Just off Coronado pkwy, a great SE Cape Coral location for this 4plex! Gross income of $44,400! 2 new annual leases in place! 3 OF THE 4 UNITS HAVE BEEN REMODELED New white shaker cabinets in the kitchen, tile flooring throughout! EACH UNIT HAS ITS OWN ELECTRIC METER. Laundry inside each 1 bedroom unit, glass sliders, screened in lanai, INCOME PRODUCING PROPERTY! Unit 3 is open for showings! Call today for access!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Features
    • Flooring: Tile
    • Windows: Single Hung
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total interior livable area: 562 sqft

    Property

    Features
    • Exterior features: Brick, Cement / Concrete
    • Pool features: Room for Pool
    • Frontage length: 80
    Lot
    • Size: 10,018 Square Feet
    • Features: Regular
    Details
    • Parcel number: 074524C2003130070

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    Materials
    • masonry
    • Roof: Asphalt
    Condition
    • Year built: 1965

    Utilities & green energy

    • Sewer: Assessment Paid

    Community & HOA

    Location
    • Region: Cape Coral

    Financial & listing details

    • Price per square foot: $723/sqft
    • Tax assessed value: $263,239
    • Annual tax amount: $6,809

    Price history

    DateEventPrice
    12/28/2020Sold$380,000-1.3%$676/sqft
    Source: Public Record Report a problem
    9/25/2020Listing removed$384,900$685/sqft
    Source: Cornerstone Coastal Properties #220027169 Report a problem
    9/24/2020Listed for sale$384,900$685/sqft
    Source: Cornerstone Coastal Properties #220027169 Report a problem
    9/17/2020Pending sale$384,900$685/sqft
    Source: Cornerstone Coastal Properties #220027169 Report a problem
    7/20/2020Price change$384,900-3.8%$685/sqft
    Source: Cornerstone Coastal Properties #220027169 Report a problem
    7/17/2020Pending sale$399,900$712/sqft
    Source: Cornerstone Coastal Properties #220027169 Report a problem
    4/28/2020Price change$399,900+11.1%$712/sqft
    Source: Cornerstone Coastal Properties #220027169 Report a problem
    4/27/2020Listed for sale$360,000+30.9%$641/sqft
    Source: Cornerstone Coastal Properties #220027169 Report a problem
    11/15/2017Sold$275,000+78.6%$489/sqft
    Source: Public Record Report a problem
    2/20/2015Sold$154,000+126.5%$274/sqft
    Source: Public Record Report a problem
    6/21/2010Sold$68,000-74.3%$121/sqft
    Source: Public Record Report a problem
    11/8/2004Sold$265,000$472/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,809 -7.3%$263,239 +1.5%
    2024$7,346 +23.3%$259,318 +10%
    2023$5,959 -6.2%$235,744 -7.4%
    2022$6,353 +12.7%$254,562 +10%
    2021$5,635 +8.2%$231,420 +14.2%
    2020$5,209 +3.6%$202,691 +2.9%
    2019$5,028 $197,021 +7.5%
    2018$5,028 +4.2%$183,311 +3.7%
    2017$4,826 +6.9%$176,839 +21.4%
    2016$4,516 +11.6%$145,722 +23.7%
    2015$4,048 +16.8%$117,803 +7.8%
    2014$3,467 +18.9%$109,242 +17.1%
    2013$2,916 +47.9%$93,308 +0.1%
    2012$1,972 +20.8%$93,207 +70.6%
    2011$1,633 +4%$54,639 +5.7%
    2010$1,570 -30.8%$51,716 -38.6%
    2009$2,269 -34.8%$84,190 -51.5%
    2008$3,478 -18.6%$173,410 -20.3%
    2007$4,275 -9.6%$217,480 -7.5%
    2006$4,730 +147%$235,120 +243.2%
    2003$1,915 +10.9%$68,500 +16.6%
    2002$1,727 $58,740 +0.6%
    2000-- $58,410
    Find assessor info on the county website

    Neighborhood: 33904

    Nearby schools

    GreatSchools rating
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    $406,500
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    With Zillow Showcase(estimated)
    $414,630