527 Southeast 6th Avenue

Cape Coral, FL 33990

$399,900
Price
4
Beds
4
Baths
2,076 Sq. Ft.
$193 / Sq. Ft.
2,076
Sq. Ft.
$193
per Sq. Ft.

Description

SOLID DUPLEX INVESTMENT | PRIME SE CAPE CORAL | NEW MAJOR SYSTEMS -Take advantage of this promising investment opportunity in one of Cape Coral's desirable neighborhoods. This well-functioning duplex, situated in desirable FLOOD ZONE X location (no flood insurance required) offers reliability with recently updated major systems and strong rental income potential. The property features city water and sewer connections already in place, eliminating future assessment concerns. A new roof installed in...SOLID DUPLEX INVESTMENT | PRIME SE CAPE CORAL | NEW MAJOR SYSTEMS -Take advantage of this promising investment opportunity in one of Cape Coral's desirable neighborhoods. This well-functioning duplex, situated in desirable FLOOD ZONE X location (no flood insurance required) offers reliability with recently updated major systems and strong rental income potential. The property features city water and sewer connections already in place, eliminating future assessment concerns. A new roof installed in 2022, along with new AC systems and hot water heaters in both units, provides essential system reliability for years to come. Each unit offers a practical floor plan featuring 2 bedrooms and 2 bathrooms, consistently attracting steady tenants. The right side unit includes a screened lanai, while the left side unit features an enclosed Florida room, offering residents additional living space to enjoy the Florida lifestyle. Both units include convenient interior laundry areas, adding to their rental appeal. The property is currently fully rented, demonstrating its stable market position. Positioned in the heart of Southeast Cape Coral, this duplex provides residents easy access to shopping, dining, and entertainment options. The location continues to draw consistent rental interest, making this a solid addition to any investment portfolio. Whether you're seeking a pure investment property or considering an owner-occupied arrangement where you can live in one side while collecting rent from the other, this duplex offers flexibility and value. With its updated major systems, established rental history, and convenient location, this property presents a practical opportunity in an established area of Cape Coral.
  1. Listed by Judy Sylvia • RE/MAX Realty Team

Property Details for 527 Southeast 6th Avenue

Development
CAPE CORAL
Building Design
Duplex
Community Type
Non-Gated
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
None/Other
LISTING UPDATED: 11/17/2024 05:23 PM

Property Details for 527 Southeast 6th Avenue

StatusActive
MLS #224093156
Days on Market34
Taxes$5,439 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1981
Lot Size0.23 AC / 10,018 SF
CountyLee County

Building Information for 527 Southeast 6th Avenue

Stories-Residences2Year Built1981Building Size-Lot Size0.23 AC / 10,018 SF

Property Information for 527 Southeast 6th Avenue

Summary
Location and General Information
  • City: Cape Coral
  • Human Modified: Yes
  • Latitude: 26.64
  • Longitude: -81.96
  • MLS Area Major: CC14 - Cape Coral Unit 16,18,22-
  • Pets: No Approval Needed
  • Postal Code: 33990
  • Street Direction Prefix: SE
  • Street Name: 6th
  • Street Number: 527
  • Street Suffix: AVE
  • Block: 1140
  • Full Address: 527 SE 6th AVE
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: $5,439.37
  • Tax Year: 2024
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Development Name: CAPE CORAL
  • Parcel Number: 13-44-23-C3-01140.0080
  • Property Type: Residential Income
  • Section: 13
  • Lot Unit: 823
  • 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 23 BLK 1140 PB 14 PG 45 LOTS 8 + 9
Property and Assessments
  • Total Area: 2076.0
  • Possession: See Remarks, 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: 1981
  • 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: $30,000.00
  • Annual Net Operating Income: $.00
  • Annual Food And Beverage Minimum: 0.00
  • Number Of Units Total: 2
  • Annual Expenses: $.00
  • Other Fee: $.00
  • Units in Building: 2
Unit 1 Information
  • Monthly Gross Income: $1,400.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Description: Great Room,Screened Lanai/Porch,Dishwasher,Range,Refrigerator
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 1400
  • Unit Type Type: Two Bedroom
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 1038.0
Unit 2 Information
  • Monthly Gross Income: $1,100.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Description: Florida Room,Great Room,Dishwasher,Range,Refrigerator
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 1100
  • Unit Type Type: Two Bedroom
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 1038.0
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, Patio
  • Exterior Features: Patio
  • Irrigation Source: Included In Assessment
  • Patio And Porch Features: Patio
  • 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 527 Southeast 6th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 527 Southeast 6th Avenue

Taxable ValueLand$104,400Additions$146,294Total$250,694
Tax Record2023$5,394 ($449 / month)
Home Facts
Total Finished SqFt1,090 SqFtAbove Grade Finished SqFt1,090 SqFtStories1Lot Size10,000 SqFtStyleDuplexYear Built1981ZoningR3-DCountyLEEAPN13-44-23-C3-01140.0080

Schools near 527 Southeast 6th Avenue

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

Patriot Elementary School
PublicPK to 5

Skyline Elementary School
PublicPK to 5

Caloosa 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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527 Southeast 6th Avenue is a multi-family home for sale in Cape Coral, FL 33990. This property was listed for sale on November 17, 2024 by RE/MAX Realty Team, it's currently listed at $399,900. It has been on the market for a total of 34 days and was last sold on September 29, 2009. This listing's school district is Lee. Nearby schools include Hector A. Cafferata Jr Elementary School, Patriot Elementary School and Skyline Elementary School. 527 Southeast 6th Avenue is a 4-bed, 4-bath, 2,076 sqft multi-family home built in 1981.

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 Realty Team, Judy Sylvia

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