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Offered at $525,000Active
beds
5
baths
4
sq ft
2,606
Built
1984

227-225 Cape Coral Parkway E

Cape Coral, FL 33904

About this home

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.

Listing last checked: Listing updated:

Listed by Jeannette Di Leo · Realty One Group MVP · MLS #226026704

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Details at a glance

Interior4 property facts
Rooms
0
Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s), Electric
Flooring
Laminate, Tile
Building3 property facts
Style
Duplex
Year built
1984
Roof
Shingle
Land & utilities3 property facts
Lot size
0.459 acres
Water
AssessmentPaid
Sewer
AssessmentPaid
Financial3 property facts
Annual taxes
$4,152
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $525,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,001 / monthAdjust
Principal & interest
$2,655
Property tax
$346
Insurance
Not entered
HOA
$0

Listing annual taxes: $4,152. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 227-225 Cape Coral Parkway E

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Request a tour of 227-225 Cape Coral Parkway E and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.