1 / 26location_onCAPE CORAL, FL 33904 · Lee County
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.
Flooring
Cooling
Heating
Construction
Roof
Waterfront
$105,000 down
Loan amount $420,000
Estimated monthly principal & interest
$2,655
Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.
Realty One Group MVP
800-896-8790