$525,000
 $2,818 est/mo Sourced by Back At You

227-225 Cape Coral Pkwy E,CAPE CORAL, FL 33904

CAPE CORAL, FL 33904

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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.

Details

MLS #226026704
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1984
Days On Site32
Listing Provided ByRealty One Group MVP | Jeannette Di Leo

Features

Bed(s)5
Bath(s) 4 Total
SQ Feet2,606
Units2
ZoningRML
Acreage0.46
Water FrontYes

Interior

Cooling Yes / NoYes
CoolingCeiling Fan(s), Central Electric
Heating Yes / NoYes
HeatingCentral Electric
Fireplace Yes / NoNo

Exterior

RoofShingle
Construction MaterialsConcrete Block, Stucco
Foundation DetailsConcrete Block

Parking

Garage Yes / NoNo
Attached Garage Yes / NoNo

Taxes

Tax Annual Amount4152.03
Tax Block228
Tax Legal DescriptionCAPE CORAL UNIT 2 PART 3 BLK 228 PB 11 PG 39 LOTS 44 + 45 + 42 + 43
Tax Year2025

Area Information

StateFL
CountyLee
CityCAPE CORAL
Zip Code33904
AreaCAPE CORAL
Community NameCAPE CORAL
Listing VS Median (in CAPE CORAL)
Price:
$525,000
low | high
Med:
$369,900
79.542857142857% of Average
sqft:
2,606
low | high
Med:
1,624
87.701458173446% of Average
$ / sqft:
$201
low | high
Med:
$232
34.597945886791% of Average
On site:
32
low | high
Med:
75.5
42.384105960265% of Average
Sourced by Back At You

Market Activity 33904

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Learn More About This Property

StateFL
CountyLee
CityCAPE CORAL
Zip Code33904
AreaCAPE CORAL
Community NameCAPE CORAL
Listing VS Median (in CAPE CORAL)
Price:
$525,000
low | high
Med:
$369,900
79.542857142857% of Average
sqft:
2,606
low | high
Med:
1,624
87.701458173446% of Average
$ / sqft:
$201
low | high
Med:
$232
34.597945886791% of Average
On site:
32
low | high
Med:
75.5
42.384105960265% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $393K - $656K
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
207 SE 47th TER Property Photo 1
$410,000
207 Se 47th Ter
Cape Coral, FL 33904
Listing Updated: August 5, 2026 at 3:05:16 PM PDT