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$525,000

Est. payment - /mo

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5 Beds

4 Baths

0.46 Acres Lot

Active

227-225 Cape Coral PKWY E Cape Coral, FL 33904

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MAXIM LLC

maxim@maximrealtors.com +1(407) 288-0704

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Cape Coral

MLS Listing ID 226026704

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 1984

Annual Tax Amount $4,152

Tax Year 2025

Lot Size 0.459 Acres

Acres 0.459

Property Sub-Type Duplex

Source Naples

New Construction No

Property Description

Income Today Upside tomorrow. OPPORTUNITY KNOCKS on Cape Coral Parkway! 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!!!! Recent permit history includes a Re-roof completed in 2022 and re-piping work completed in 2004 for both sides.

Location

State FL

County Lee

Area Cc12 - Cape Coral Unit 7-15

Zoning RML

Direction Pull into the 227 side of the driveway make a right and park in the empty lot.

Interior

Heating Central Electric

Cooling Ceiling Fan(s), Central Electric

Flooring Laminate, Tile

Window Features Single Hung

Exterior

Exterior Feature None

Community Features None, No Subdivision

Utilities Available Cable Available

Waterfront Description None

Roof Type Shingle

Street Surface Paved

Private Pool No

Building

Lot Description 4 Lots

Faces Pull into the 227 side of the driveway make a right and park in the empty lot.

Sewer Assessment Paid

Water Assessment Paid

Structure Type Concrete Block,Stucco

New Construction No

Others

Tax ID 13-45-23-C1-00228.0440

Acceptable Financing Agreement For Deed

Listing Terms Agreement For Deed

Pets Allowed With Approval

Virtual Tour https://www.youtube.com/watch?v=sc_-WGTXsVw

Listed by Realty One Group MVP • Jeannette Di Leo

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MAXIM LLC

+1(407) 288-0704

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227-225 Cape Coral PKWY E Cape Coral, FL 33904

MAXIM LLC

Key Details

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227-225 Cape Coral PKWY E