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Off market
  • $388,200

    4701 SE 5th Pl, Cape Coral, FL 33904

    4beds
    1,160sqft
    MultiFamily
    Built in 1964
    -- sqft lot
    $388,200 Zestimate®
    $335/sqft
    $1,521 Estimated rent

    Home value

    $388,200

    $342,000 - $446,000

    $1,521/mo

    Zestimate® history
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    $2,601/mo

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    What's special

    The "HIGHEST and BEST" usage for this property may not be the updated 2 bedroom and 2 bathroom 1964 built duplex you see? This model was originally built as a 1 Bedroom 1 bath unit & an Efficiency unit on each side. The original door to the efficiency was closed up on the front porch. This could easily be turned back into 4 unit for a possible vacation rental. The duplex sits on the 0.455 Ac in this downtown location. Current code is 16 units per acre. A minimum of 6 units without a variance can be built.Please do your due diligence before making an offer to verify what can or can not be built on this property. The duplex is fully rented. The current monthly rent is $2300 a month. The owner updated this duplex with ALL new Kitchens and Baths 10+ years ago. That includes granite counter tops, stainless steel appliances. The laundry room is off the kitchen. One side has a jealousy window, covered porch. The right side has a nice large screened in covered porch. Professional property management is in place. Investors/Developers can continue to rent the current duplex out until you have your plans and permits in place to build your project. Water and Sewer Assessment are PAID.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Tile, Carpet
    • Windows: Single Hung
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total interior livable area: 1,160 sqft

    Property

    Parking
    • Parking features: On-street
    Features
    • Exterior features: Stucco, Cement / Concrete
    • On waterfront: Yes
    • Frontage length: 150
    Lot
    • Size: 0.45 Acres
    • Features: Irregular Lot, See Remarks, Oversize, Across From Waterfront, 3 Lots

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    Condition
    • Year built: 1964

    Utilities & green energy

    • Sewer: Central, Assessment Paid, See Remarks
    • Water: Central

    Community & HOA

    HOA
    • Amenities included: See Remarks
    Location
    • Region: Cape Coral

    Financial & listing details

    • Price per square foot: $335/sqft

    Price history

    DateEventPrice
    7/12/2021Sold$290,000-10.8%$250/sqft
    Source: Florida Gulf Coast MLS #220048698 Report a problem
    5/12/2021Pending sale$325,000$280/sqft
    Source: Florida Gulf Coast MLS #220048698 Report a problem
    4/12/2021Price change$325,000-7.1%$280/sqft
    Source: Florida Gulf Coast MLS #220048698 Report a problem
    3/11/2021Price change$349,900-5.4%$302/sqft
    Source: Florida Gulf Coast MLS #220048698 Report a problem
    8/19/2020Listed for sale$369,900$319/sqft
    Source: Rossman Realty Group Inc #220048698 Report a problem
    3/12/2020Listing removed$1,150$1/sqft
    Source: Rossman Realty Property Management LLC Report a problem
    2/18/2020Listed for rent$1,150+58.6%$1/sqft
    Source: Rossman Realty Property Management LLC Report a problem
    8/9/2012Listing removed$725$1/sqft
    Source: Rossman Realty Property Management Report a problem
    7/27/2012Price change$725+3.6%$1/sqft
    Source: Rossman Realty Property Management Report a problem
    5/30/2012Listed for rent$700-3.4%$1/sqft
    Source: Rossman Realty Property Management Report a problem
    1/13/2012Listing removed$725$1/sqft
    Source: Rossman Realty Group Inc #201141654 Report a problem
    11/20/2011Price change$725-3.3%$1/sqft
    Source: Rossman Realty Group Inc #201141654 Report a problem
    10/30/2011Listed for rent$750$1/sqft
    Source: Rossman Realty Group Inc #201141654 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 33904

    Nearby schools

    GreatSchools rating
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    $388,200
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    +$7,764
    With Zillow Showcase(estimated)
    $395,964