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  • $530,000

    718/720 SE 46th Ter, Cape Coral, FL 33904

    6beds
    2,444sqft
    Duplex, Multi Family
    Built in 1991
    -- sqft lot
    $456,000 Zestimate®
    $217/sqft
    $1,657 Estimated rent

    Home value

    $456,000

    $420,000 - $492,000

    $1,657/mo

    Zestimate® history
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    What's special

    Attention Investors: Great long term income producing property. Approx. 18 months left on leases. Each side rents for $1,800. per month. Annual gross income is $43,200. Good tenant's been there for many years and would like to stay. Home is located in the sought after downtown area, walking distance to downtown entertainment district. Close to the Yacht Club and public beach. Unit #720 has stainless appliance package. Tile throughout both sides. Both homes have garages. Roof 2022. Unit #718 leased until August 31, 2025...$1,800.00 security deposit Unit #720 leased until January 31, 2025...$1,800.00 security deposit.

    Zillow last checked:

    Listing updated:

    Listed by:

    Roxann Wothe 651-398-7744,

    Sellstate Priority Realty

    Bought with:

    Erik Fine, 258016718

    Cornerstone Coastal Properties

    Source: Florida Gulf Coast MLS,MLS#: 224025847MLS LogoOriginating MLS: Florida Gulf Coast

    Facts & 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: Arched, Single Hung
    Interior area
    • Total structure area: 2,444
    • Total interior livable area: 2,444 sqft

    Property

    Features
    • Stories: 1
    • Exterior features: None
    • Waterfront features: None
    Lot
    • Size: 10,018 Square Feet
    • Dimensions: 116 x 84 x 84 x 116
    • Features: Rectangular Lot
    Details
    • Parcel number: 124523C300318.0210
    • Lease amount: $0
    • Zoning description: R3-D

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch,One Story,Duplex
    • Property subtype: Duplex, Multi Family
    Materials
    • Block, Concrete, Stucco
    • Roof: Shingle
    Condition
    • Resale
    • Year built: 1991

    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: $217/sqft
    • Tax assessed value: $424,581
    • Annual tax amount: $6,928
    • Date on market: 3/19/2024
    • Cumulative days on market: 77 days
    • Listing terms: All Financing Considered,Cash
    • Tenant pays: Application Fee, Credit Check, Cable TV, Electricity, Internet, Pet Deposit, Security, Sewer, Water
    • Contingency: Sale of Home

    Price history

    DateEventPrice
    5/31/2024Sold$530,000-1.9%$217/sqft
    Source: Florida Gulf Coast MLS #224025847 Report a problem
    4/17/2024Pending sale$540,000$221/sqft
    Source: SWFLMLS #224025847 Report a problem
    3/19/2024Listed for sale$540,000+5.4%$221/sqft
    Source: SWFLMLS #224025847 Report a problem
    8/15/2022Sold$512,500-6.8%$210/sqft
    Source: Florida Gulf Coast MLS #222017611 Report a problem
    7/16/2022Pending sale$549,900$225/sqft
    Source: Florida Gulf Coast MLS #222017611 Report a problem
    5/22/2022Listed for sale$549,900+4.7%$225/sqft
    Source: Florida Gulf Coast MLS #222017611 Report a problem
    3/28/2022Listing removed--
    Source: Florida Gulf Coast MLS #222017611 Report a problem
    3/14/2022Pending sale$525,000$215/sqft
    Source: Florida Gulf Coast MLS #222017611 Report a problem
    3/11/2022Listed for sale$525,000+364.6%$215/sqft
    Source: Florida Gulf Coast MLS #222017611 Report a problem
    12/13/1994Sold$113,000$46/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,253 +16.5%$424,581 +17.7%
    2024$7,085 +2.3%$360,696 +2.5%
    2023$6,928 +27.4%$351,893 +46.3%
    2022$5,437 +12.3%$240,508 +10%
    2021$4,843 +5.4%$218,644 +10%
    2020$4,596 +6.3%$198,767 -3.8%
    2019$4,323 $206,724 +8.5%
    2018$4,323 $190,571
    Find assessor info on the county website

    Neighborhood: 33904

    Nearby schools

    GreatSchools rating
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    $465,120