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  • $350,000

    221 Cape Coral Pkwy E, Cape Coral, FL 33904

    4beds
    1,600sqft
    Duplex, Multi Family
    Built in 1964
    -- sqft lot
    $365,600 Zestimate®
    $219/sqft
    $2,108 Estimated rent

    Home value

    $365,600

    $325,000 - $409,000

    $2,108/mo

    Zestimate® history
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    $2,340/mo

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    $2,340/mo

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    What's special

    This income property duplex is a rare find at a low price, offering an ideal mix of location, and rental income potential. New shingle roof 2022 and some kitchen updates in 2023. Whether you are a seasoned investor or just starting out, this property presents a promising opportunity to achieve strong returns on investment. Motivated seller. Don’t miss out on this centrally located gem!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jackeline Kerin 305-613-4778,

    Keller Williams Realty Fort Myers and the Islands

    Bought with:

    Brian Helgemo, 274501399

    Compass Florida

    Source: Florida Gulf Coast MLS,MLS#: 224046706MLS LogoOriginating MLS: Florida Gulf Coast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Features
    • Flooring: Tile
    • Windows: Jalousie, Single Hung
    Interior area
    • Total structure area: 1,600
    • Total interior livable area: 1,600 sqft

    Property

    Features
    • Stories: 1
    • Exterior features: None
    • Waterfront features: None
    Lot
    • Size: 9,975 Square Feet
    • Dimensions: 125 x 80 x 80 x 125
    • Features: Rectangular Lot
    Details
    • Parcel number: 134523C100228.0460
    • Lease amount: $0
    • Land lease expiration date: 1735603200000
    • Zoning description: R3-D

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch,One Story
    • Property subtype: Duplex, Multi Family
    Materials
    • Block, Concrete, Stucco
    • Roof: Built-Up,Flat,Shingle
    Condition
    • Resale
    • Year built: 1964

    Utilities & green energy

    • Sewer: Assessment Paid
    • Water: Assessment Paid
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Non-Gated
    • Condo and coop fee: $0
    • Membership fee: $0
    • Subdivision: CAPE CORAL
    HOA
    • Amenities included: None
    Location
    • Region: Cape Coral

    Financial & listing details

    • Price per square foot: $219/sqft
    • Tax assessed value: $280,291
    • Annual tax amount: $4,270
    • Date on market: 5/29/2024
    • Cumulative days on market: 167 days
    • Listing terms: All Financing Considered,Cash
    • Tenant pays: Credit Check, Cable TV, Electricity, Internet, Water
    • Contingency: Financing

    Price history

    DateEventPrice
    5/12/2026Listing removed$1,499$1/sqft
    Source: Florida Gulf Coast MLS #2026012681 Report a problem
    3/14/2026Listed for rent$1,499$1/sqft
    Source: Florida Gulf Coast MLS #2026012681 Report a problem
    11/12/2024Sold$350,000-4.9%$219/sqft
    Source: Florida Gulf Coast MLS #224046706 Report a problem
    9/16/2024Pending sale$368,000$230/sqft
    Source: SWFLMLS #224046706 Report a problem
    8/14/2024Listing removed$368,000$230/sqft
    Source: SWFLMLS #224046706 Report a problem
    8/7/2024Price change$368,000-1.9%$230/sqft
    Source: SWFLMLS #224046706 Report a problem
    7/22/2024Price change$375,000-1.3%$234/sqft
    Source: SWFLMLS #224046706 Report a problem
    7/5/2024Listed for sale$380,000$238/sqft
    Source: SWFLMLS #224046706 Report a problem
    6/24/2024Pending sale$380,000$238/sqft
    Source: SWFLMLS #224046706 Report a problem
    5/29/2024Listed for sale$380,000+27.1%$238/sqft
    Source: SWFLMLS #224046706 Report a problem
    2/9/2023Sold$299,000-14.6%$187/sqft
    Source: Public Record Report a problem
    1/3/2023Pending sale$350,000$219/sqft
    Source: Florida Gulf Coast MLS #222081876 Report a problem
    12/16/2022Listed for sale$350,000$219/sqft
    Source: Florida Gulf Coast MLS #222081876 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,912 +26.1%$280,291 +32.5%
    2024$4,689 +9.8%$211,480 +17.1%
    2023$4,270 +7.8%$180,567 +10%
    2022$3,960 +12.8%$164,152
    2021$3,510 +5.6%--
    2020$3,326 +3.1%$135,663 +2.4%
    2019$3,224 $132,430 +7.2%
    2018$3,224 +4.1%$123,540 +45.6%
    2017$3,098 +90.5%$84,820 -11.4%
    2016$1,626 +10.5%$95,737 +15.9%
    2015$1,471 -27.5%$82,603 +16.5%
    2014$2,031 +9.7%$70,904 +15.7%
    2013$1,852 +18.3%$61,301 -0.8%
    2012$1,565 +12.8%$61,795 +43.3%
    2011$1,388 -1.3%$43,119 -2.4%
    2010$1,406 -16.3%$44,171 -21.5%
    2009$1,679 -58.1%$56,250 -72.2%
    2007$4,006 +14.4%$201,980 +21.1%
    2006$3,503 +210.3%$166,760 +116.1%
    2004$1,129 -4.1%$77,160 +29%
    2003$1,177 -30%$59,800 +5.4%
    2002$1,681 $56,720 +12.5%
    2000-- $50,440
    Find assessor info on the county website

    Neighborhood: 33904

    Nearby schools

    GreatSchools rating
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    $365,600
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    With Zillow Showcase(estimated)
    $372,912
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
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    +$7,312
    With Zillow Showcase(estimated)
    $372,912