Sold for $710,000

Street View

$710,000

514 SE 7th St, Cape Coral, FL 33990

8beds

4,040sqft

MultiFamily

Built in 1985

-- sqft lot

$660,300 Zestimate^®

$176/sqft

$1,618 Estimated rent

Home value

$660,300

$594,000 - $740,000

$1,618/mo

Zestimate^® history

Owner options

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$1,618/mo

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$1,618/mo

Rent Zestimate^®

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$4,599/mo

Est. payment

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$4,599/mo

Est. payment

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What's special

4-Plex in SE Cape Coral, property has been well-maintained/updated. Property is serviced by city water/sewer. Each unit is a 1000 sq ft, 2 BR / 2 BA with interior laundry. New Roof in 2011, all-tile interior flooring, all-new exterior water mains with updated back-flow preventers. Interior plumbing on two of the units has been fully updated along with modernized kitchens and baths. Each unit has a rear patio area with privacy fences. Property is fully occupied with average, per-unit rent of $975/mo paid monthly, without demand. Great tenants.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 8
Full bathrooms: 8

Heating

Forced air, Electric

Cooling

Central

Features

Flooring: Tile
Windows: Single Hung
Basement: Basement (not specified)

Interior area

Total interior livable area: 4,040 sqft

Property

Parking

Total spaces: 9
Parking features: Off-street

Features

Exterior features: Shingle, Stucco, Cement / Concrete
Fencing: Fenced
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water

Lot

Size: 0.34 Acres
Features: Regular

Details

Parcel number: 134423C3010720390

Construction

Type & style

Home type: MultiFamily

Materials

masonry
Roof: Asphalt

Condition

Year built: 1985

Utilities & green energy

Sewer: Central
Water: Central

Community & HOA

Location

Region: Cape Coral

Financial & listing details

Price per square foot: $176/sqft
Tax assessed value: $379,341
Annual tax amount: $8,681

Price history

Date	Event	Price
12/12/2024	Sold	$710,000+57.8%$176/sqft
Source: Public Record Report a problem
10/30/2019	Sold	$450,000-9.8%$111/sqft
Source: Public Record Report a problem
10/3/2019	Pending sale	$499,000$124/sqft
Source: Avarden Inc #219044180 Report a problem
8/22/2019	Price change	$499,000-4%$124/sqft
Source: Avarden Inc #219044180 Report a problem
6/24/2019	Listed for sale	$520,000+395.2%$129/sqft
Source: Avarden Inc #219044180 Report a problem
8/19/2010	Sold	$105,000-18.3%$26/sqft
Source: Public Record Report a problem
12/16/1993	Sold	$128,500$32/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,681 +5.6%	$379,341 +13.1%
2024	$8,223 +15.6%	$335,333 +10%
2023	$7,115 -4.8%	$304,848 -6%
2022	$7,472 +10.1%	$324,397
2021	$6,785 -8.6%	--
2020	$7,420 +11.2%	$268,096 +1.5%
2019	$6,675	$264,060 +6.9%
2018	$6,675 +4.3%	$247,092 +6.6%
2017	$6,397 +4.6%	$231,744 +19.2%
2016	$6,116 +7.8%	$194,478 +20.6%
2015	$5,675 +8.4%	$161,314 -5.4%
2014	$5,233 +1.6%	$170,599 +11.1%
2013	$5,152 +19.4%	$153,590 +18%
2012	$4,314 +7.8%	$130,193 +30.3%
2011	$4,001 +1.6%	$99,910 +6.6%
2010	$3,939 -8.6%	$93,692 -14.5%
2009	$4,308 -44.7%	$109,530 -66.5%
2007	$7,789 -14.1%	$327,170 -6%
2006	$9,065 +128%	$348,170 +130.1%
2004	$3,977 +1.5%	$151,310 +7.4%
2003	$3,917 +20%	$140,940 +29.1%
2002	$3,264	$109,130 +1%
2000	--	$108,090