Closed

$520,000

722/724 SW 35th St, Cape Coral, FL 33914

6beds

2,850sqft

Duplex, Multi Family

Built in 2004

-- sqft lot

$504,500 Zestimate^®

$182/sqft

$1,711 Estimated rent

Home value

$504,500

$474,000 - $540,000

$1,711/mo

Zestimate^® history

Owner options

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$1,711/mo

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$1,711/mo

Rent Zestimate^®

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$3,455/mo

Est. payment

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$3,455/mo

Est. payment

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What's special

Great investment opportunity on the freshwater canal duplex! 3 bedrooms, 2 bath and 2 car garage on each side with 1425sqft per unit. Unit 722 is currently rented and 724 is currently vacant. Both Units have been updated slightly. Unit 722 has been freshly painted and new carpet within 2 bedrooms. Unit 724 has new cabinets, countertops and freshly painted. Roof was replaced after Hurricane Ian. New AC unit in 2021.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4

Heating

Central, Electric

Cooling

Central Air, Ceiling Fan(s), Electric

Features

Flooring: Carpet, Tile
Windows: Single Hung, Sliding

Interior area

Total structure area: 2,850
Total interior livable area: 2,850 sqft

Property

Features

Exterior features: Sprinkler/Irrigation
On waterfront: Yes
Waterfront features: Canal Access

Lot

Size: 10,018 Square Feet
Dimensions: 80 x 125 x 80 x 125
Features: Rectangular Lot, Sprinklers Automatic

Details

Parcel number: 024523C101766.0060
Lease amount: $0
Zoning description: R3-W

Construction

Type & style

Home type: MultiFamily
Architectural style: Duplex
Property subtype: Duplex, Multi Family

Materials

Block, Concrete, Stucco
Roof: Shingle

Condition

Resale
Year built: 2004

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Community & HOA

Community

Features: Boat Facilities
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: $182/sqft
Tax assessed value: $508,667
Annual tax amount: $7,175
Date on market: 11/7/2023
Cumulative days on market: 192 days
Listing terms: All Financing Considered,Cash
Tenant pays: Application Fee, Cable TV, Electricity, Internet, Janitorial Service, Telephone, Water
Contingency: Inspection

Price history

Date	Event	Price
5/8/2024	Sold	$520,000-5.4%$182/sqft
Source: Florida Gulf Coast MLS #223082435 Report a problem
4/5/2024	Pending sale	$549,900$193/sqft
Source: SWFLMLS #223082435 Report a problem
3/28/2024	Price change	$549,9000%$193/sqft
Source: SWFLMLS #223082435 Report a problem
2/13/2024	Listed for sale	$550,000-1.6%$193/sqft
Source: SWFLMLS #223082435 Report a problem
1/26/2024	Listing removed	--
Source: SWFLMLS #223082435 Report a problem
1/22/2024	Price change	$559,000-3.5%$196/sqft
Source: Florida Gulf Coast MLS #223082435 Report a problem
1/3/2024	Price change	$579,000-3.3%$203/sqft
Source: Florida Gulf Coast MLS #223082435 Report a problem
12/5/2023	Price change	$599,000-1.8%$210/sqft
Source: Florida Gulf Coast MLS #223082435 Report a problem
11/7/2023	Listed for sale	$610,000+82.1%$214/sqft
Source: Florida Gulf Coast MLS #223082435 Report a problem
9/27/2019	Listing removed	$1,375
Source: Zillow Rental Network Premium Report a problem
9/18/2019	Listed for rent	$1,375
Source: Zillow Rental Network Report a problem
1/9/2018	Sold	$335,000-25.6%$118/sqft
Source: Public Record Report a problem
10/3/2005	Sold	$450,000+1945.5%$158/sqft
Source: Public Record Report a problem
1/2/2003	Sold	$22,000$8/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,640 +13.9%	$508,667 +23.3%
2024	$8,466 +6.9%	$412,618 +10%
2023	$7,919 +10.4%	$375,107 +10%
2022	$7,175 +11.7%	$341,006 +10%
2021	$6,425 +5.3%	$310,005 +10%
2020	$6,099 +5.1%	$281,823 +5.1%
2019	$5,805	$268,105 +51.1%
2018	$5,805	$177,399