Address
614-616 SE 14th Street, Cape Coral, FL
Price
$ 569,900
Property Attributes
  • MLS#222064424
  • TypeMulti-Family
  • CountyLEE
  • CityCape Coral
  • AreaCC14 - Cape Coral Unit 16 - 18 - 22-
  • NeighborhoodCAPE CORAL
  • Zip33990
  • StyleDuplex
  • Year Built2014
  • Taxes$ 4334
  • Price$ 569,900
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2480
  • Lot Size0.23 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description

Invest Wisely in Your Future: Seize this Opportunity in Cape Coral's Thriving Hub. Discover a strategic investment in the heart of burgeoning Cape Coral, a gem priced below $600k. With all assessments settled, this property promises not just a residence but a gateway to a profitable future. Envision a projected gross monthly income of $4,200, equating to $252,000 over just 5 years. Each unit is tailored for success, boasting 3 bedrooms, 2 baths, and an attached garage. The open floor plan, adorned with vaulted ceilings, tiled flooring, and granite countertops, sets the stage for modern comfort. Built to the latest hurricane codes, this sturdy duplex, merely 8 years young, ensures peace of mind without the need for flood insurance. Don't miss this chance to witness an investment that works for you. Schedule your showing today and grasp the opportunity to shape your financial future. Explore this investment, where each detail is crafted for success, and let your money embark on a journey to grow.

Price History
8/29/2022 Listed $574,900
5/31/2023 1% - $569,900

General Features

Interior Features High Speed Internet
Sewer Assessment Paid
Heating Central,Electric
Cooling Central Air,Electric
Possession Close Of Escrow
Roof Shingle
Condo Fee 0.00
Exterior Features Room For Pool
Architectural Style Duplex
Construction Materials Block,Concrete,Stucco
Pets Allowed Yes
Year Built 2014
Tenant Pays Cable TV,Electricity,Internet,Pet Deposit,See Remarks
Property SubType Duplex
Tax Year 2021
Gross Income 43800
Waterfront Features None
Community Features Non-Gated
County Lee
Net Operating Income 43800
Property Type Residential Income
Subdivision Name CAPE CORAL
Status Active
Directions Veterans Memorial to Academy Blvd to SE 14TH ST.
City CAPE CORAL
Zoning Description R3-D
NumberOfUnitsTotal 2
MLS Area CC14 - Cape Coral Unit 16,18,22-
Lot Size Units Acres
Tax Annual Amount 4334.33
Property Condition Resale
Virtual Tour https://www.youtube.com/watch?v=WaFr1by0Ry0
Days on Market 580
Structure Type Duplex
Standard Status Active
Tax Lot 7
Property Sub Type Additional Duplex
PostalCity CAPE CORAL
Legal Description CAPE CORAL UNIT 24 BLK 1034 PB 14 PG 74 LOTS 7 + 8

Interior Features

Flooring Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Single Hung
Full Baths 4
Total Bedrooms 6
Total Baths 4

Exterior Features

Lot Features Rectangular Lot
Water Source Assessment Paid
Lot Size Area 0.23
Canal Width None
Number of Buildings 1
Boat Access None
Building Area Total 2480
Lot Dimensions 80 x 124 x 80 x 124
Lot Size Acres 0.23
Lot Size Source Appraiser
LotDimensionsSource Appraiser

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 33990

Price
AVG $560K
$570K
Taxes
AVG $5,078
$4,334
Visits
AVG 240
1190
Data Provided by Inside Real Estate®
Year Built
AVG 1996
2014