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225-227 cape coral pkwy E 225 Cape Coral Pky E 2 Unit Apartment Building $525,000 ($262,500/Unit) Cape Coral, FL 33904
Investment Highlights
- developmet
- multifamiluy
Executive Summary
Income Today, Upside Tomorrow!! This existing duplex includes a one-car attached garage on one side and offers multiple possibilities for rental income, expansion, or future redevelopment. The multifamily property includes additional land that may provide the opportunity to construct another duplex while retaining the existing structure. You may also consider removing the existing improvements and redeveloping the combined property for multiple residential units, potentially more than four units, depending on allowable density, setbacks, parking, utilities, site-plan requirements, and final approval from the City of Cape Coral. Buyers should independently verify all development possibilities with the City. DO NOT DISTURB TENANTS!!!! YOU MUST CALL LISTING AGENT FOR SHOWING AND ACCESS dog on premises. Recent permit history includes a Re-roof completed in 2022 and re-piping work completed in 2004 for both sides. Tenants are month to month.
Property Facts
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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 13-45-23-C1-00228.0440 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $216,322 |
Property Taxes
Parcel Number
13-45-23-C1-00228.0440
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$216,322
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225-227 cape coral pkwy E | 225 Cape Coral Pky E