1401-1403 Northeast 8th Street

Cape Coral, FL 33909

$419,900
Price
4
Beds
2
Baths
1,740 Sq. Ft.
$241 / Sq. Ft.
1,740
Sq. Ft.
$241
per Sq. Ft.

Description

This is an opportunity you're not going to want to miss! This well maintained duplex has had numerous recent upgrades to ensure top rental income and peace of mind for years to come. Exterior updates include a newer roof, new asphalt driveways, fresh paint and landscaping. Both units share an identical layout and are just under 1,000 square feet while offering two beds, and one full bath. Both sides recently had luxury vinyl plank flooring installed throughout as well as new shower inserts in both...This is an opportunity you're not going to want to miss! This well maintained duplex has had numerous recent upgrades to ensure top rental income and peace of mind for years to come. Exterior updates include a newer roof, new asphalt driveways, fresh paint and landscaping. Both units share an identical layout and are just under 1,000 square feet while offering two beds, and one full bath. Both sides recently had luxury vinyl plank flooring installed throughout as well as new shower inserts in both baths, and 1403 has updated shaker cabinets. Out back, a 6' privacy fence allows both sides of the duplex to enjoy the beautiful weather while still having their own private space. 1401 has an annual lease starting 10/01/2024 and is rented for $1,450/month, allowing you to immediately occupy the other side as an owner occupant, or rent it out to have a cash flowing property. This property is conveniently located near the intersection of Del Prado Blvd and Pine Island Road, which not only offers shopping, dining, and more within minutes, but also easy access to Fort Myers and the beautiful beach of Southwest Florida. Don't delay - schedule your private showing today!
  1. Listed by Alex Swade • Coldwell Banker Realty
  2. Listed by Damon Vetere • Coldwell Banker Realty

Property Details for 1401-1403 Northeast 8th Street

Development
CAPE CORAL
Building Design
Duplex
Community Type
No Subdivision
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
None/Other
LISTING UPDATED: 11/14/2024 12:27 PM

Property Details for 1401-1403 Northeast 8th Street

StatusActive
MLS #224073020
Days on Market64
Taxes$3,109 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1984
Lot Size0.23 AC / 10,018 SF
CountyLee County

Building Information for 1401-1403 Northeast 8th Street

Stories1Residences2Year Built1984Building Size-Lot Size0.23 AC / 10,018 SF

Property Information for 1401-1403 Northeast 8th Street

Summary
Location and General Information
  • City: Cape Coral
  • Directions: West on Pine Island Rd, right onto NE 13th Ave, left onto NE 8th Terr, right onto NE 13th ct, property will be on your left.
  • Human Modified: Yes
  • Latitude: 26.67
  • 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
  • Road Surface Type: Paved
  • Street Direction Prefix: NE
  • Street Name: 8th
  • Street Number: 1401/1403
  • Street Suffix: ST
  • Block: 2024
  • Full Address: 1401/1403 NE 8th ST
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: $3,108.84
  • Tax Year: 2023
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Development Name: CAPE CORAL
  • Parcel Number: 07-44-24-C2-02024.0120
  • Property Type: Residential Income
  • Section: 07
  • Lot Unit: 12
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Rectangular Lot
  • Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Dimensions: 80 x 120 x 80 x 120
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: CAPE CORAL UNIT 31 BLK 2024 PB 14 PG 153 LOTS 12 + 13
Property and Assessments
  • Total Area: 1740.0
  • Possession: Close Of Escrow
  • Property Condition: Resale
  • Property Sub Type: Duplex
  • Township: 44
  • Range: 24E
  • Special Assessment: 0.00
  • Sub Condo Name: CAPE CORAL
  • Year Built Numeric: 1984
  • Property Sub Type Additional: Duplex
  • Zoning Code: CORR
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: Central
  • Utilities: Cable Available
  • Water Source: Public
  • Water: Central
Multi Family
Multi-Family Information
  • Gross Rental Income: $17,400.00
  • Annual Net Operating Income: $17,400.00
  • Annual Food And Beverage Minimum: 0.00
  • Number Of Units Total: 2
  • Annual Expenses: $.00
  • Other Fee: $.00
  • Stories: 1.0
  • Units in Building: 2
Unit 1 Information
  • Monthly Gross Income: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Description: Laundry in Residence,Ceiling Fan(s),Dishwasher,Dryer,Microwave,Range,Washer
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 0
  • Unit Type Type: Two Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 870.0
Unit 2 Information
  • Monthly Gross Income: $1,450.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Description: Family,Laundry in Residence,Open Lanai/Porch,Ceiling Fan(s),Dishwasher,Microwave,Range,Washer/Dryer Hookup
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 1450
  • Unit Type Type: Two Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 870.0
Interior and Exterior Features
Exterior Features
  • Architectural Style: Ranch, One Story
  • Association Amenities: None
  • Canal Width: None
  • Construction: Poured Concrete, Concrete Block
  • Exterior Features: Fence
  • Exterior Features: Fence
  • Irrigation Source: None
  • Private Pool: No
  • Roof: Shingle
  • Structure Type: Duplex
  • Gulf Access: No
  • Spa: No
Interior Features
  • Baths Full: 2
  • Bathrooms Total Integer: 2.0
  • Beds Total: 4
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Elevator Text Details: None
  • Flooring: Vinyl
  • Heating: Central, Electric
  • Heating: Yes
  • Window Features: Single Hung
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 1401-1403 Northeast 8th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1401-1403 Northeast 8th Street

Taxable ValueLand$11,500Additions$99,128Total$110,628
Tax Record2020$2,877 ($240 / month)
Home Facts
Total Finished SqFt1,758 SqFtAbove Grade Finished SqFt1,758 SqFtStories1Lot Size10,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1983Year Renovated1985ZoningCORRCountyLEEAPN064424C3020250230

Schools near 1401-1403 Northeast 8th Street

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
Caloosa Elementary School
PublicPK to 5

Tropic Isles Elementary School
PublicPK to 5

Hector A. Cafferata Jr 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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1401-1403 Northeast 8th Street is a multi-family home for sale in Cape Coral, FL 33909. This property was listed for sale on September 15, 2024 by Coldwell Banker Realty, it's currently listed at $419,900. It has been on the market for a total of 64 days and was last sold on July 31, 2018. This listing's school district is Lee. Nearby schools include Caloosa Elementary School, Tropic Isles Elementary School and Hector A. Cafferata Jr Elementary School. 1401-1403 Northeast 8th Street is a 4-bed, 2-bath, 1,740 sqft multi-family home built in 1984.

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 Coldwell Banker Realty, Alex Swade; Coldwell Banker Realty, Damon Vetere

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