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Offered at $749,000Active
beds
—
baths
—
sq ft
4,364
Built
1982

403 Hancock Bridge Parkway #1-5

Cape Coral, FL 33990

About this home

Exceptional Investment Opportunity: Multi Family 5-Plex building has a total of 10 Bedrooms, 5 Baths with around 4300 total square feet.  Has a BRAND NEW 2023 Dimensional Shingle Roof that's lighter in color to maximize efficiency.  Conveniently located to shopping and dining, only a 1/2 mile to Santa Barbara Pkwy and Pine Island Rd..  Each unit has the same layout of 2 Bedroom, 1 Bath.  Currently, 3 units are occupied with long term good standing tenants.  Each unit has vinyl fence sections to create private backyard spaces among the renters.  Each unit has tiled floors along with its own electric and water meters and tenants pay utilities.  There is an indoor shared laundry room with coin washer and dryer.  With room for improvement creates the opportunity of higher rental income.  Please note: Don't walk on property or disturb the tenants, must call to schedule a showing appointment.

Listing last checked: Listing updated:

Listed by David Piper · Real Broker, LLC · MLS #224063587

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Details at a glance

Building2 property facts
Style
Multi Family
Year built
1982
Land & utilities1 property facts
Lot size
0.364 acres
Financial3 property facts
Annual taxes
$7,677
Assessment year
2023
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $749,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$4,427 / monthAdjust
Principal & interest
$3,787
Property tax
$640
Insurance
Not entered
HOA
$0

Listing annual taxes: $7,677. 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.

Price and status timeline

  1. Sld

    $850,000 · Sold $725,000 · Feb 11, 2023

  2. Sld

    $550,000 · Sold $540,000 · Jul 22, 2020

  3. Sld

    $399,900 · Sold $370,000 · Mar 5, 2017

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About 403 Hancock Bridge Parkway #1-5

Can I request a private showing?

Request a tour of 403 Hancock Bridge Parkway #1-5 and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

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.