2914-2916 Southwest 7th Place

Cape Coral, FL 33914

$539,000
Price
6
Beds
4
Baths
2,418 Sq. Ft.
$223 / Sq. Ft.
2,418
Sq. Ft.
$223
per Sq. Ft.

Description

Attention Investors! This centrally located, income-generating duplex is a prime opportunity, with both units occupied by reliable, long-term tenants. Each side boasts 3 bedrooms, 2 bathrooms, and tile flooring throughout for easy upkeep. Enjoy the added comfort of ceiling fans in every room, enhancing tenant satisfaction and retention. Professionally managed by a reputable management company, this property offers peace of mind and minimal hands-on involvement. Don’t miss out on this well-maintained,...Attention Investors! This centrally located, income-generating duplex is a prime opportunity, with both units occupied by reliable, long-term tenants. Each side boasts 3 bedrooms, 2 bathrooms, and tile flooring throughout for easy upkeep. Enjoy the added comfort of ceiling fans in every room, enhancing tenant satisfaction and retention. Professionally managed by a reputable management company, this property offers peace of mind and minimal hands-on involvement. Don’t miss out on this well-maintained, fully occupied investment in a high-demand location!
  1. Listed by Maureen Mitchell • Marshall Reddick Real Estate

Property Details for 2914-2916 Southwest 7th Place

Development
CAPE CORAL
Building Design
Duplex
Community Type
Non-Gated
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
None/Other
LISTING UPDATED: 11/01/2024 02:13 PM

Property Details for 2914-2916 Southwest 7th Place

StatusActive
MLS #224086849
Days on Market20
Taxes$8,026 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2021
Lot Size0.23 AC / 10,018 SF
CountyLee County

Building Information for 2914-2916 Southwest 7th Place

Stories-Residences2Year Built2021Building Size-Lot Size0.23 AC / 10,018 SF

Property Information for 2914-2916 Southwest 7th Place

Summary
Location and General Information
  • City: Cape Coral
  • Human Modified: Yes
  • Latitude: 26.60
  • Longitude: -81.99
  • MLS Area Major: CC23 - Cape Coral Unit 28,29,45,62,63,66,68
  • Pets: No Approval Needed
  • Postal Code: 33914
  • Road Responsibility: Public Maintained Road
  • Street Direction Prefix: SW
  • Street Name: 7th
  • Street Number: 2914 & 2916
  • Street Suffix: PL
  • Block: 1903
  • Full Address: 2914 & 2916 SW 7th PL
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: $8,025.99
  • Tax Year: 2023
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Development Name: CAPE CORAL
  • Number Of Buildings: 1
  • Parcel Number: 35-44-23-C4-01903.0570
  • Property Type: Residential Income
  • Section: 35
  • Lot Unit: 57
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Rectangular Lot
  • Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Dimensions: 125 x 80 x 80 x 125
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: CAPE CORAL UNIT 45 PART 1 BLK 1903 PB 21 PG 139 LOTS 57 + 58
Property and Assessments
  • Total Area: 2418.0
  • Possession: Close Of Escrow, Subject To Tenant Rights
  • Property Condition: Resale
  • Property Sub Type: Duplex
  • Township: 44
  • Range: 23E
  • Special Assessment: 0.00
  • Sub Condo Name: CAPE CORAL
  • Year Built Numeric: 2021
  • Property Sub Type Additional: Duplex
  • Zoning Code: RD-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
  • Utilities: Cable Available
  • Water Source: Assessment Paid
  • Water: Assessment Paid
Multi Family
Multi-Family Information
  • Gross Rental Income: $44,640.00
  • Annual Net Operating Income: $35,235.00
  • Annual Food And Beverage Minimum: 0.00
  • Number Of Units Total: 2
  • Annual Expenses: $9,405.00
  • Other Fee: $.00
  • Units in Building: 2
Unit 1 Information
  • Monthly Gross Income: $1,975.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Description: Laundry in Garage,Open Lanai/Porch,Auto Garage Door,Cable Available,Ceiling Fan(s),Dishwasher,Disposal,Microwave,Refrigerator,Smoke Detector,Washer/Dryer Hookup
  • Furnished: Unfurnished
  • Garage Type: Yes
  • Unit Type Garage Spaces: 1.00
  • Unit Type Pro Forma: 1975
  • Unit Type Type: Three Bedroom
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 1209.0
Unit 2 Information
  • Monthly Gross Income: $1,745.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Description: Laundry in Garage,Open Lanai/Porch,Auto Garage Door,Cable Available,Ceiling Fan(s),Cooktop,Dishwasher,Disposal,Microwave,Refrigerator/Ice,Smoke Detector,Washer/Dryer Hookup
  • Furnished: Unfurnished
  • Garage Type: Yes
  • Unit Type Garage Spaces: 1.00
  • Unit Type Pro Forma: 1745
  • Unit Type Type: Three Bedroom
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 1209.0
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: None
  • Exterior Features: None
  • 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: 6
  • 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 2914-2916 Southwest 7th Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2914-2916 Southwest 7th Place

Taxable ValueLand$40,000Additions-Total$40,000
Tax Record2020$2,034 ($170 / month)
Home Facts
Total Finished SqFt2,418 SqFtAbove Grade Finished SqFt2,418 SqFtStories1Lot Size10,000 SqFtStyleDuplexYear Built2020Year Renovated2020ZoningRD-DCountyLEEAPN35-44-23-C4-01903.0570 01

Schools near 2914-2916 Southwest 7th Place

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
Skyline Elementary School
PublicPK to 5

Gulf Elementary School
PublicPK to 5

Patriot Elementary School
PublicPK to 5

Pelican 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.

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2914-2916 Southwest 7th Place is a multi-family home for sale in Cape Coral, FL 33914. This property was listed for sale on November 1, 2024 by Marshall Reddick Real Estate, it's currently listed at $539,000. This listing's school district is Lee. Nearby schools include Skyline Elementary School, Gulf Elementary School and Patriot Elementary School. 2914-2916 Southwest 7th Place is a 6-bed, 4-bath, 2,418 sqft multi-family home built in 2021.

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 Marshall Reddick Real Estate, Maureen Mitchell

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