1116-1118 Diplomat Parkway East, Unit 1116 1118

Cape Coral, FL 33909

$500,000
Price
4
Beds
4
Baths
2,420 Sq. Ft.
$207 / Sq. Ft.
2,420
Sq. Ft.
$207
per Sq. Ft.

Description

Welcome to 1116-1118 Diplomat Pkwy E, Cape Coral, FL 33909 - A fantastic duplex opportunity! This charming duplex in NE Cape Coral offers a unique combination of comfort and investment potential. Each unit features 2 bedrooms + den, 2 bathrooms, and a single-car garage. The right unit boasts a brand new AC system. the left unit is open for an owner to live in or rent out, while the left unit is currently rented for $1,950/month, providing immediate rental income. Step into an inviting open floor...Welcome to 1116-1118 Diplomat Pkwy E, Cape Coral, FL 33909 - A fantastic duplex opportunity! This charming duplex in NE Cape Coral offers a unique combination of comfort and investment potential. Each unit features 2 bedrooms + den, 2 bathrooms, and a single-car garage. The right unit boasts a brand new AC system. the left unit is open for an owner to live in or rent out, while the left unit is currently rented for $1,950/month, providing immediate rental income. Step into an inviting open floor plan where the living, dining, and kitchen areas flow seamlessly, offering ample space for both relaxation and entertaining. The kitchens are beautifully updated with elegant quartz countertops, adding a modern touch to the space. Enjoy the convenience of tile flooring throughout, which offers both durability and easy maintenance. Each unit includes an inside laundry area, making day-to-day living more convenient. The fenced backyard and open porch provide a private outdoor space for pets, play, or simply enjoying the Florida sunshine. This property is not only perfect for investors seeking a high-performing rental but also ideal for homeowners looking for a multigenerational living solution. The duplex is currently on city water with septic but is included in the North 1 Utility Expansion Program. New roof installed in December 2022. Assessments have been paid! Don't miss out on this fantastic opportunity to own a versatile and well-maintained duplex in a prime Cape Coral location, close to schools, shopping, and easy access to Fort Myers for a smooth commute. Schedule your showing today!
  1. Listed by Crystal Norton • Rent 1 Sale 1 Realty

Property Details for 1116-1118 Diplomat Parkway East, Unit 1116 1118

Development
CAPE CORAL
Building Design
Duplex
Community Type
Non-Gated
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
None/Other
LISTING UPDATED: 11/20/2024 02:31 PM

Property Details for 1116-1118 Diplomat Parkway East, Unit 1116 1118

StatusActive
MLS #224093135
Days on Market1
Taxes$8,271 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2005
Lot Size0.23 AC / 10,018 SF
CountyLee County

Building Information for 1116-1118 Diplomat Parkway East, Unit 1116 1118

Stories-Residences2Year Built2005Building Size-Lot Size0.23 AC / 10,018 SF

Property Information for 1116-1118 Diplomat Parkway East, Unit 1116 1118

Summary
Location and General Information
  • City: Cape Coral
  • Directions: FROM DEL PRADO, TURN WEST ONTO DIPLOMAT PKWY, UNIT IS ON LEFT.
  • Human Modified: Yes
  • Latitude: 26.68
  • Longitude: -81.95
  • MLS Area Major: CC31 - Cape Coral Unit 17,31-36,
  • Pets: No Approval Needed
  • Postal Code: 33909
  • Road Responsibility: Public Maintained Road
  • Street Direction Suffix: E
  • Street Name: Diplomat
  • Street Number: 1116-1118
  • Street Suffix: PKY
  • Block: 2095
  • Unit Number: 1116 1118
  • Full Address: 1116-1118 Diplomat PKWY E 1116 1118
Parking
  • Covered Spaces: .00
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • Association Fee Total Frequency: Annually
  • Association Fee 2: $.00
  • Tax Annual Amount: $8,270.78
  • Tax Year: 2023
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Development Name: CAPE CORAL
  • Number Of Buildings: 1
  • Parcel Number: 31-43-24-C4-02095.0170
  • Property Type: Residential Income
  • Section: 31
  • Lot Unit: 17
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Rectangular Lot
  • Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Dimensions: 80 x 125 x 80 x 125
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: CAPE CORAL UNIT 32 BLK 2095 PB 16 PG 3 LOTS 17 + 18
Property and Assessments
  • Total Area: 2420.0
  • Possession: Close Of Escrow
  • Property Condition: Resale
  • Property Sub Type: Duplex
  • Township: 43
  • Range: 24E
  • Special Assessment: 0.00
  • Sub Condo Name: CAPE CORAL
  • Year Built Numeric: 2005
  • Property Sub Type Additional: Duplex
  • Zoning Code: R3-D
Lease Information
  • Land Lease Fee: $.00
  • Lease Amount Per Area Unit: Dollars Per Square Foot
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: Assessment Paid, Central
  • Utilities: Cable Available
  • Water Source: Assessment Paid, Public
  • Water: Assessment Paid, Central
Multi Family
Multi-Family Information
  • Gross Rental Income: $39,600.00
  • Golf Type: No Golf Available
  • Annual Net Operating Income: $38,160.00
  • Annual Food And Beverage Minimum: 0.00
  • Number Of Units Total: 2
  • Annual Expenses: $1,440.00
  • Other Fee: $.00
  • Units in Building: 2
Unit 1 Information
  • Monthly Gross Income: $1,950.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Description: Laundry in Residence,Open Lanai/Porch,Auto Garage Door,Cable Available,Ceiling Fan(s),Microwave,Range,Refrigerator,Washer/Dryer Hookup
  • Furnished: Unfurnished
  • Garage Type: Yes
  • Unit Type Garage Spaces: 1.00
  • Unit Type Pro Forma: 1950
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 1210.0
Unit 2 Information
  • Monthly Gross Income: $1,950.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Description: Laundry in Residence,Open Lanai/Porch,Auto Garage Door,Cable Available,Ceiling Fan(s),Microwave,Range,Refrigerator,Washer/Dryer Hookup
  • Furnished: Unfurnished
  • Garage Type: Yes
  • Unit Type Garage Spaces: 1.00
  • Unit Type Pro Forma: 1950
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 1210.0
Interior and Exterior Features
Exterior Features
  • Architectural Style: Duplex
  • Association Amenities: None
  • Canal Width: None
  • Community Features: Non Gated
  • Construction: Poured Concrete, Concrete Block
  • Exterior Features: Fence
  • Exterior Features: Fence
  • Irrigation Source: Included In Assessment
  • Private Pool: No
  • Roof: Shingle
  • Structure Type: Duplex
  • Gulf Access: No
  • Spa: No
Interior Features
  • Baths Full: 4
  • Bathrooms Total Integer: 4.0
  • Beds Total: 4
  • Cooling: Central Air, Ceiling Fans, Electric
  • Cooling: Yes
  • Elevator Text Details: None
  • Flooring: Tile
  • Heating: Central, Electric
  • Heating: Yes
  • Window Features: Single Hung
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 1116-1118 Diplomat Parkway East, Unit 1116 1118

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1116-1118 Diplomat Parkway East, Unit 1116 1118

This home is within Lee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 5
Rating
School
Distance
Hector A. Cafferata Jr Elementary School
PublicPK to 5

Tropic Isles Elementary School
PublicPK to 5

Diplomat Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1116-1118 Diplomat Parkway East, Unit 1116 1118 is a multi-family home for sale in Cape Coral, FL 33909. This property was listed for sale on November 20, 2024 by Rent 1 Sale 1 Realty, it's currently listed at $500,000. This listing's school district is Lee. Nearby schools include Dr Carrie D Robinson Littleton Elementary School, Hector A. Cafferata Jr Elementary School and Tropic Isles Elementary School. 1116-1118 Diplomat Parkway East, Unit 1116 1118 is a 4-bed, 4-bath, 2,420 sqft multi-family home built in 2005.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Rent 1 Sale 1 Realty, Crystal Norton

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