GREAT INVESTMENT OPPORTUNITY IN A PRIME LOCATION! This rare and spacious duplex features 3 bedrooms and 2 baths in each unit, with a total living area over 2400 square feet, not including the attached garages. A NEW ROOF was put on in 2022. The kitchen is equipped with newer stainless steel appliances and both units have been re-plumbed. Newer washers and dryers are also included and one unit has a new hurricane rated garage door. A privacy fence surrounds the property creating a private outdoor space. Situated across the street from the picturesque Cultural Park, the duplex provides residents with easy access to a playground and green spaces, perfect for outdoor activities. Government buildings, shopping centers, and a variety of restaurants are in the proximate vicinity. Top-rated schools offer an extra bonus for families. The property is not in a flood zone. One unit is tenant occupied, providing a steady stream of rental income until the end of June 2024. The other is vacant, allowing flexibility for the new owner - either to rent it out or reside in it.
Closed
$480,000
705/707 SE 5th St, Cape Coral, FL 33990
6beds
2,468sqft
Duplex, Multi Family
Built in 1988
-- sqft lot
$441,300 Zestimate®
$194/sqft
$1,738 Estimated rent
Home value
$441,300
$406,000 - $477,000
$1,738/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Claudia Hart 239-770-5950,
Century 21 Selling Paradise
Bought with:
Irene Renteria, 258013486
Jones & Co Realty
Source: Florida Gulf Coast MLS,MLS#: 223071524
Originating MLS: Florida Gulf Coast
Originating MLS: Florida Gulf CoastFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Features
- Flooring: Tile
- Windows: Single Hung
Interior area
- Total structure area: 2,468
- Total interior livable area: 2,468 sqft
Property
Features
- Exterior features: Fence
- Waterfront features: None
Lot
- Size: 10,018 Square Feet
- Dimensions: 80 x 125 x 80 x 125
- Features: Rectangular Lot
Details
- Parcel number: 134423C301137.0650
- Lease amount: $0
- Land lease expiration date: 1719705600000
- Zoning description: R3-D
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Block, Concrete, Stucco
- Roof: Shingle
Condition
- Resale
- Year built: 1988
Utilities & green energy
- Sewer: Assessment Paid, Public Sewer
- Water: Assessment Paid, Public
- 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: $194/sqft
- Annual tax amount: $5,359
- Date on market: 10/5/2023
- Cumulative days on market: 39 days
- Listing terms: All Financing Considered,Cash,FHA,VA Loan
- Tenant pays: Cable TV, Electricity, Internet, Sewer, Water
- Contingency: Financing
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2024 | Listing removed | -- |
Source:  SWFLMLS #221034054 Report a problem | ||
| 11/10/2023 | Sold | $480,000+1.1%$194/sqft |
Source:  Florida Gulf Coast MLS #223071524 Report a problem | ||
| 10/10/2023 | Pending sale | $475,000$192/sqft |
Source:  Florida Gulf Coast MLS #223071524 Report a problem | ||
| 10/5/2023 | Price change | $475,000+32.3%$192/sqft |
Source: Florida Gulf Coast MLS #223071524 Report a problem | ||
| 5/13/2021 | Pending sale | $359,000$145/sqft |
Source: SWFLMLS #221034054 Report a problem | ||
| 5/6/2021 | Listed for sale | $359,000$145/sqft |
Source: SWFLMLS #221034054 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 33990
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Nearby schools
GreatSchools rating
- 6/10Caloosa Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 4/10Caloosa Middle SchoolGrades: 6-8Distance: 1.1 mi
- 5/10Cape Coral High SchoolGrades: 9-12Distance: 2.6 mi
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- Florida
- Lee County
- Cape Coral
- 33990
- 705/707 SE 5th St
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