FANTASTIC INVESTMENT OPPORTUNITY IN FLOOD ZONE X!! Introducing this multi family complex located in the heart of SE Cape Coral in a well groomed residential neighborhood with NO FLOOD ZONE. This building features 4 units all with 2 bedrooms and 2 baths. All units have front screened in lanais. All units are occupied at this time with annual leases.
Featuring several updates but not limited too: NEW ROOF 2023! ASSESSMENTS IN AND PAID FOR!
Unit 1: Bathroom resurfaced 4/2024, Water heather replacement 1/2022
Unit 2: Water heater replacement 9/2023, Electrical panel replacement 12/2017
Unit 3: AC Replacement 2023, Bathroom resurfacing 4/2023
Unit 4: Water heater replacement 2018
All AC units are on a regular maintenance place. Each unit comes with individual storage area with washer/dryer hook ups. All units are metered separately for electric. One Water Meter for each side of duplex. Professional property management company in place.
Closed
$735,000
2836 SE 16th Pl #14, Cape Coral, FL 33904
8beds
3,200sqft
Duplex, Quadruplex, Multi Family
Built in 1968
-- sqft lot
$685,500 Zestimate®
$230/sqft
$1,544 Estimated rent
Home value
$685,500
$617,000 - $775,000
$1,544/mo
Zestimate® history
Owner options
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$1,544/mo
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$4,844/mo
Est. payment
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$4,844/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Laura Schuette 239-541-5570,
Sunshine Rentals & Property Ma
Bought with:
Non-listing FGC MLS Non-Listing agent, 258029255
FGC Non-MLS Office
Source: Florida Gulf Coast MLS,MLS#: 224070481
Originating MLS: Florida Gulf Coast
Originating MLS: Florida Gulf CoastFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Features
- Flooring: Carpet, Laminate, Other, Terrazzo
- Windows: Jalousie
Interior area
- Total structure area: 3,200
- Total interior livable area: 3,200 sqft
Property
Features
- Exterior features: Courtyard
- Waterfront features: None
Lot
- Size: 0.36 Acres
- Dimensions: 120 x 130 x 120 x 130
- Features: Rectangular Lot
Details
- Parcel number: 324424C401185.A060
- Lease amount: $0
- Zoning description: R3-D
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Quadruplex, Multi Family
Materials
- Block, Concrete, Stucco
- Roof: Shingle
Condition
- Resale
- Year built: 1968
Utilities & green energy
- Sewer: Assessment Paid
- Water: Assessment Paid
- Utilities for property: Cable Available
Community & HOA
Community
- 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: $230/sqft
- Annual tax amount: $6,323
- Date on market: 8/27/2024
- Cumulative days on market: 55 days
- Listing terms: All Financing Considered,Cash,FHA,VA Loan
- Tenant pays: Cable TV, Electricity
- Contingency: Financing
Price history
| Date | Event | Price |
|---|---|---|
| 10/18/2024 | Sold | $735,000-5.2%$230/sqft |
Source:  Florida Gulf Coast MLS #224070481 Report a problem | ||
| 9/6/2024 | Pending sale | $775,000$242/sqft |
Source:  SWFLMLS #224070481 Report a problem | ||
| 8/27/2024 | Listed for sale | $775,000$242/sqft |
Source: SWFLMLS #224070481 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 33904
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Nearby schools
GreatSchools rating
- 7/10Cape Elementary SchoolGrades: PK-5Distance: 2.2 mi
- 7/10Gulf Middle SchoolGrades: 6-8Distance: 4.5 mi
- 5/10Cape Coral High SchoolGrades: 9-12Distance: 2.5 mi
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$685,500
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- Florida
- Lee County
- Cape Coral
- 33904
- 2836 SE 16th Pl Unit 14
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