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Off market
  • $744,800

    525 SE 27th Ter, Cape Coral, FL 33904

    5beds
    3,813sqft
    SingleFamily
    Built in 1982
    1.84 Acres Lot
    $744,800 Zestimate®
    $195/sqft
    $4,389 Estimated rent

    Home value

    $744,800

    $655,000 - $842,000

    $4,389/mo

    Zestimate® history
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    What's special

    WHITE HOUSE AD A VERY UNIQUE OPPORTUNITY ….MUCH MORE THAN JUST A TYPICAL RESIDENTIAL HOME!!! A completely remodeled 2 story pool home, 3831sf, 5 bedroom, 4 bathroom house, on a 4-lot site (half acre) in the center of Cape Coral. Great location close to Veterans Parkway, just minutes from several beaches and downtown Ft. Myers. Fully furnished! Can be used as a Seasonal Rental, B&B, Assisted Living Facility or a Large Family. Large kitchen with island, all new appliances, adjacent laundry room with new washer and dryer. New marble tile in living areas, 3 living rooms, dining area, very large lanai with new fans/lighting and screens, new screens on the caged pool and spa. Entire property is fenced. Second story is a large master bedroom with built in fireplace, sink and small fridge, large bathroom with dual sinks and oversize shower, two walk-in closets and an small living room or office area. Ground floor also has a built in fireplace, 4 large bedrooms and 3 bathrooms. House has a new roof, new air conditioners (2), and a whole house standby generator (Gas/LP), that will ensure constant power in case of a storm or natural disaster resulting in a neighborhood power outage. This property also has a new lawn with sprinkler system and several fruit trees including Avocado, Papaya, Mangoes and Lemons. This house was originally purchased to become an Assisted Living Facility, all the federal and state safety requirements including a 24/7 Monitored Fire Alarm/Sprinkler System and Exit Lights throughout the home have been installed . It is currently being used for renting individual bedrooms to Traveling Nurses. Plenty of room on the property to add additional living quarters or a very large garage/storage facility. This is a rare purchase where rental income could produce $78,000, or more annually! THIS HOME HAS SO MUCH ROOM/PROPERTY THE POTENTIAL IS ENDLESS. Current mortgage rate is 2.875%, may be assumable. Owner is offering a 3% discount to cash buyer. There are no accurate comparable properties for this home. Currently tenant occupied, need 24 hour notice to show.

    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: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher
    • Laundry: Inside
    Features
    • Pantry, Fireplace
    • Flooring: Tile, Carpet
    • Windows: Single Hung
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,813 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Exterior features: Shingle, Stucco, Cement / Concrete
    • Pool features: In Ground, Concrete
    • Spa features: Above Ground
    • Fencing: Fenced
    • Frontage length: 160
    Lot
    • Size: 1.84 Acres
    • Features: 4 Lots
    Details
    • Parcel number: 364423C2009020530

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    Materials
    • Roof: Shake / Shingle
    Condition
    • Year built: 1982

    Utilities & green energy

    • Sewer: Central, Assessment Paid
    • Water: Central

    Community & HOA

    Location
    • Region: Cape Coral

    Financial & listing details

    • Price per square foot: $195/sqft
    • Tax assessed value: $586,724
    • Annual tax amount: $10,344

    Price history

    DateEventPrice
    12/6/2023Listing removed--
    Source: Florida Gulf Coast MLS #223057884 Report a problem
    10/17/2023Price change$749,000-4.6%$196/sqft
    Source: Florida Gulf Coast MLS #223057884 Report a problem
    8/15/2023Listed for sale$785,000-12.3%$206/sqft
    Source: Florida Gulf Coast MLS #223057884 Report a problem
    1/31/2023Listing removed--
    Source: Florida Gulf Coast MLS #222072785 Report a problem
    12/28/2022Listed for sale$895,000$235/sqft
    Source: Florida Gulf Coast MLS #222072785 Report a problem
    12/28/2022Pending sale$895,000$235/sqft
    Source: Florida Gulf Coast MLS #222072785 Report a problem
    10/11/2022Price change$895,000-15.6%$235/sqft
    Source: Florida Gulf Coast MLS #222072785 Report a problem
    9/4/2022Price change$1,060,000-1.9%$278/sqft
    Source: SWFLMLS #222054293 Report a problem
    8/1/2022Price change$1,080,000-1.8%$283/sqft
    Source: SWFLMLS #222054293 Report a problem
    7/19/2022Price change$1,100,000-90%$288/sqft
    Source: SWFLMLS #222054293 Report a problem
    7/14/2022Listed for sale$11,000,000+3233.3%$2,885/sqft
    Source: Owner Report a problem
    1/14/2021Sold$330,000$87/sqft
    Source: Florida Gulf Coast MLS #220078473 Report a problem
    12/9/2020Pending sale$330,000$87/sqft
    Source: RE/MAX Realty Team #220078473 Report a problem
    12/9/2020Price change$330,000+1.5%$87/sqft
    Source: RE/MAX Realty Team #220078473 Report a problem
    10/29/2020Pending sale$325,000$85/sqft
    Source: RE/MAX Realty Team #220032338 Report a problem
    9/2/2020Price change$325,000-3%$85/sqft
    Source: RE/MAX Realty Team #220032338 Report a problem
    8/19/2020Price change$335,000-4.3%$88/sqft
    Source: RE/MAX Realty Team #220032338 Report a problem
    7/2/2020Price change$349,900-2.8%$92/sqft
    Source: RE/MAX Realty Team #220032338 Report a problem
    5/20/2020Price change$359,900-2.5%$94/sqft
    Source: RE/MAX Realty Team #220032338 Report a problem
    4/14/2020Price change$369,000-1.6%$97/sqft
    Source: RE/MAX Realty Team #220014033 Report a problem
    2/20/2020Listed for sale$375,000+7.1%$98/sqft
    Source: RE/MAX Realty Team #220014033 Report a problem
    11/19/2019Listing removed$350,000$92/sqft
    Source: Right Now Realty #219072640 Report a problem
    11/11/2019Price change$350,000-5.4%$92/sqft
    Source: Right Now Realty #219072640 Report a problem
    11/8/2019Price change$370,000-1.3%$97/sqft
    Source: Right Now Realty #219072640 Report a problem
    11/1/2019Listed for sale$375,000+25%$98/sqft
    Source: Right Now Realty #219072640 Report a problem
    10/22/2014Sold$300,000+160.9%$79/sqft
    Source: Public Record Report a problem
    12/28/2009Sold$115,000-73.9%$30/sqft
    Source: Public Record Report a problem
    9/15/2005Sold$440,000+81.4%$115/sqft
    Source: Public Record Report a problem
    1/24/2003Sold$242,500+47%$64/sqft
    Source: Public Record Report a problem
    4/2/1999Sold$165,000$43/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,344 +6.6%$586,724 +8.5%
    2024$9,707 +10.2%$540,783 +10%
    2023$8,808 -10.8%$491,621 -13.7%
    2022$9,869 +29%$569,983
    2021$7,653 +38.8%--
    2020$5,515 +2.9%$305,710 -12.6%
    2019$5,360 $349,644 +19.2%
    2018$5,360 -0.3%$293,265 +5.4%
    2017$5,374 +4.2%$278,231 -4.8%
    2016$5,158 +3.5%$292,278 +11.7%
    2015$4,983 +0.5%$261,591 +10.8%
    2014$4,957 -4%$236,001 +14.7%
    2013$5,163 +26.9%$205,821 +14.2%
    2012$4,068 +51.6%$180,216 +2.9%
    2011$2,684 -0.2%$175,155 +16.9%
    2010$2,689 -32.8%$149,868 -13.8%
    2009$4,002 -42.1%$173,930 -54.1%
    2007$6,909 -2%$378,960 +1.4%
    2006$7,050 +50.6%$373,730 +59.2%
    2004$4,680 -3.1%$234,710 +13.3%
    2003$4,829 +4.5%$207,100 +7.6%
    2002$4,619 $192,460 +32.5%
    2000-- $145,300
    Find assessor info on the county website

    Neighborhood: 33904

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