8 Beds
8 Baths
0.38 Acres Lot
8 Beds
8 Baths
0.38 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Cape Coral
MLS Listing ID 2025004508
Style Resale Property
Bedrooms 8
Full Baths 8
HOA Y/N No
Year Built 1985
Annual Tax Amount $10,022
Tax Year 2024
Lot Size 0.376 Acres
Acres 0.376
Property Sub-Type Quadruplex
Source Florida Gulf Coast
Property Description
This well-maintained 4-Plex is fully occupied and offers an excellent blend of stability and upside potential. The property is comprised of two buildings with two units each, thoughtfully arranged around a private central courtyard that adds both charm and functionality.
Each of the four spacious units features:
• 2 Bedrooms / 2 Bathrooms
• In-unit laundry for tenant convenience
• Tile flooring throughout for durability and easy maintenance
• Screened lanais that extend the living space outdoors
Recent capital improvements provide peace of mind, including a new roof (2022) and newer A/C systems. One unit has already been tastefully updated, demonstrating the added value potential for future renovations.
This property offers investors a rare opportunity in today's market, with an attractive 6% cap rate and pro-forma financials that reflect strong rental demand.
Properties like this rarely hit the market, so don't wait—this is the ideal blend of turnkey income, long-term appreciation, and prime rental appeal.
Location
State FL
County Lee
Community Non-Gated
Area Cape Coral
Zoning R3-D
Interior
Heating Central Electric
Flooring Tile
Fireplace No
Heat Source Central Electric
Exterior
Exterior Feature Courtyard, Storage
Community Features Sidewalks
Amenities Available Barbecue, See Remarks, Sidewalk
Waterfront Description None
Roof Type Shingle
Garage No
Private Pool No
Building
Water Assessment Paid, Central
Architectural Style Duplex, Quadraplex
Structure Type Concrete Block,Stucco
New Construction No
Others
Pets Allowed Yes
Senior Community No
Tax ID 06-45-24-C4-00487.0420
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