4020-4022 Southwest 7th Place

Cape Coral, FL 33914

$495,000
Price
6
Beds
4
Baths
2,500 Sq. Ft.
$198 / Sq. Ft.
2,500
Sq. Ft.
$198
per Sq. Ft.

Description

Located in SW Cape Coral, considered the best area of the city, this duplex will prove to be a great long term investment. With 3 bedrooms and 2 bathrooms on each side, and an enclosed garage for each side, you can maximize your income potential. It is located on a fantastic street with other duplexes, surrounded by Gulf access homes. A new dimensional shingle roof was completed in October, 2023. Concrete block construction, built in 2000, city water and sewer with all assessments paid, and it is...Located in SW Cape Coral, considered the best area of the city, this duplex will prove to be a great long term investment. With 3 bedrooms and 2 bathrooms on each side, and an enclosed garage for each side, you can maximize your income potential. It is located on a fantastic street with other duplexes, surrounded by Gulf access homes. A new dimensional shingle roof was completed in October, 2023. Concrete block construction, built in 2000, city water and sewer with all assessments paid, and it is on an oversized corner lot. Spacious 1,250 sq ft. units. The left side unit has been remodeled recently. This unit is ready for immediate occupancy by owner or a new tenant at top market rents. The right side unit 4020 has a new AC unit installed in 2020 & is occupied by a good tenant for over 10 years. The lease expires at the end of December 2024, and then both sides will be available for new tenants of the Buyer's choice. Walking distance to Neighborhood Walmart, the public library & approximately 600 feet to the city bus stop. This is a great location for tenants & a perfect opportunity for an owner occupied/multigenerational living arrangement. With many families supporting elderly parents, this duplex is perfect to keep your loved ones close, but with the privacy of their own unit. Or, simply make this your first investment, and let someone else pay your mortgage! Plenty of room to add a pool. Cape Coral is a newer city that is clean, safe, and referred to as "A Boater's Paradise".
  1. Listed by Robert Guth • RE/MAX Trend

Property Details for 4020-4022 Southwest 7th Place

Development
CAPE CORAL
Building Design
Duplex
Community Type
No Subdivision
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
None/Other
LISTING UPDATED: 11/25/2024 01:09 PM

Property Details for 4020-4022 Southwest 7th Place

StatusActive
MLS #224088401
Days on Market45
Taxes$6,561 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2000
Lot Size0.25 AC / 10,759 SF
CountyLee County

Building Information for 4020-4022 Southwest 7th Place

Stories1Residences2Year Built2000Building Size-Lot Size0.25 AC / 10,759 SF

Property Information for 4020-4022 Southwest 7th Place

Summary
Location and General Information
  • City: Cape Coral
  • Human Modified: Yes
  • Latitude: 26.58
  • Longitude: -81.99
  • MLS Area Major: CC21 - Cape Coral Unit 3,30,44,6
  • Pets: No Approval Needed
  • Postal Code: 33914
  • Street Direction Prefix: SW
  • Street Name: 7th
  • Street Number: 4020-4022
  • Street Suffix: PL
  • Block: 1728
  • Full Address: 4020-4022 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: $6,561.08
  • Tax Year: 2023
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Development Name: CAPE CORAL
  • Parcel Number: 11-45-23-C1-01728.0430
  • Property Type: Residential Income
  • Section: 11
  • Lot Unit: 43
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Oversized Lot
  • Acres: 0.247
  • Lot Size Area: 0.247
  • Lot Size Dimensions: 89 x 125 x 89 x 125
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: CAPE CORAL UNIT 44 BLK.1728 PB 21 PG 111 LOTS 43 + 44
Property and Assessments
  • Total Area: 2500.0
  • Possession: Close Of Escrow
  • Property Condition: Resale
  • Property Sub Type: Duplex
  • Township: 45
  • Range: 23E
  • Special Assessment: 0.00
  • Sub Condo Name: CAPE CORAL
  • Year Built Numeric: 2000
  • 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: $.00
  • Annual Net Operating Income: $.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: 2
  • Unit Type Beds Total: 3
  • Unit Type Description: Laundry in Garage,Auto Garage Door,Ceiling Fan(s),Dishwasher,Dryer,Microwave,Range,Refrigerator/Ice,Smoke Detector,Washer,Washer/Dryer Hookup,Window Covering
  • Furnished: Unfurnished
  • Garage Type: Yes
  • Unit Type Garage Spaces: 1.00
  • Unit Type Pro Forma: 0
  • Unit Type Type: Three Bedroom
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 1250.0
Unit 2 Information
  • Monthly Gross Income: $1,600.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Description: Laundry in Garage,Auto Garage Door,Ceiling Fan(s),Dishwasher,Dryer,Microwave,Range,Refrigerator/Ice,Smoke Detector,Washer,Washer/Dryer Hookup
  • Furnished: Unfurnished
  • Garage Type: Yes
  • Unit Type Garage Spaces: 1.00
  • Unit Type Pro Forma: 1600
  • Unit Type Type: Three Bedroom
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 1250.0
Interior and Exterior Features
Exterior Features
  • Architectural Style: Ranch, One Story, Duplex
  • Association Amenities: None
  • Canal Width: None
  • Construction: Poured Concrete, Concrete Block
  • Exterior Features: Room For Pool
  • Exterior Features: Room for Pool
  • Irrigation Source: Municipal, 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: Carpet, Tile
  • Heating: Central, Electric
  • Heating: Yes
  • Window Features: Single Hung
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 4020-4022 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 4020-4022 Southwest 7th Place

Taxable ValueLand-Additions-Total-
Tax Record2020$4,378 ($365 / month)
Home Facts
Total Finished SqFt2,504 SqFtAbove Grade Finished SqFt2,504 SqFtStories1Lot Size10,759 SqFtStyleMulti-Family Res (5+ Units)Year Built2000Year Renovated2001ZoningR3-DCountyLEEAPN114523C1017280430

Schools near 4020-4022 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
Gulf Elementary School
PublicPK to 5

Cape Elementary School
PublicPK to 5

Skyline 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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4020-4022 Southwest 7th Place is a multi-family home for sale in Cape Coral, FL 33914. This property was listed for sale on November 2, 2024 by RE/MAX Trend, it's currently listed at $495,000. It has been on the market for a total of 45 days and was last sold on August 31, 2021. This listing's school district is Lee. Nearby schools include Gulf Elementary School, Cape Elementary School and Skyline Elementary School. 4020-4022 Southwest 7th Place is a 6-bed, 4-bath, 2,500 sqft multi-family home built in 2000.

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 RE/MAX Trend, Robert Guth

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