1019 Southeast 40th Street

Cape Coral, FL 33904

$1,875,000
Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Here is your chance to own a fully updated and functional vacation rental building. 1 unit has an annual tenant. Building consists of 4, 2 bed 2 bath units, and one 2 story 3 bed, 2 1/2 bath . Gulf Access property conveniently located in SE Cape, short boat ride to the river with one bridge. All units come with a boat slip and 2 have lifts. Property features a screened in pool. 4 of the units comes turnkey. NO Flood insurance required. NO limits on short term leases. Call to make your appointment...Here is your chance to own a fully updated and functional vacation rental building. 1 unit has an annual tenant. Building consists of 4, 2 bed 2 bath units, and one 2 story 3 bed, 2 1/2 bath . Gulf Access property conveniently located in SE Cape, short boat ride to the river with one bridge. All units come with a boat slip and 2 have lifts. Property features a screened in pool. 4 of the units comes turnkey. NO Flood insurance required. NO limits on short term leases. Call to make your appointment today.
  1. Listed by Matt Wise • Royal Shell Real Estate, Inc.

Property Details for 1019 Southeast 40th Street

Building Design
Low Rise (1-3)
Waterfront
Yes
Waterfront Desc
Canal Access, Navigable Water
Waterfront Desc
Canal, Navigable
View
None/Other

Location

Listing Courtesy of Royal Shell Real Estate, Inc., Matt Wise
Add your commute
LISTING UPDATED: 04/21/2024 03:15 PM

Property Details for 1019 Southeast 40th Street

StatusActive
MLS #224016116
Days on Market70
Taxes$10,920 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1981
Lot Size0.34 AC / 15,002 SF
CountyLee County

Location

Listing Courtesy of Royal Shell Real Estate, Inc., Matt Wise
Add your commute

Building Information for 1019 Southeast 40th Street

Stories2Residences-Year Built1981Building Size-Lot Size0.34 AC / 15,002 SF

Payment Calculator

$11,143 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,233

Property Taxes

$910

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1019 Southeast 40th Street

Summary
Location and General Information
  • City: CAPE CORAL
  • Directions: Country Club to east on SE 40th ST...1019 SE 40th ST on the left.
  • Human Modified: Yes
  • Latitude: 26.58
  • Longitude: -81.95
  • MLS Area Major: CC12 - Cape Coral Unit 7-15
  • Postal Code: 33904
  • Street Direction Prefix: SE
  • Street Name: 40th
  • Street Number: 1019
  • Street Suffix: ST
  • Full Address: 1019 SE 40th ST
Parking
  • Covered Spaces: .00
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • HOA Fee: $.00
  • Tax Annual Amount: $10,920.00
  • Tax Year: 2022
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Parcel Number: 07-45-24-C1-06100.00CE
  • Property Type: Commerical
  • Acres: 0.3444
  • Lot Size Area: 0.3444
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: SEATUIT
Property and Assessments
  • Property Condition: Resale
  • Property Sub Type: Multi Family
  • Special Assessment: 0.00
  • Year Built Numeric: 1981
Lease Information
  • Land Lease Fee: $.00
  • Lease Considered: No
  • Lease Amount Per Area Unit: Dollars Per Square Foot
  • Sale Or Lease Includes: Building And Land,Furniture
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: None
  • Utilities: Electricity Available, Sewer Available, Trash Collection, Water Available
  • Water: None
Multi Family
Multi-Family Information
  • Annual Food And Beverage Minimum: 0.00
  • Other Fee: $.00
  • Total Floors: 2
Interior and Exterior Features
Exterior Features
  • Architectural Style: Low Rise
  • Canal Width: Canal Width 81-120
  • Exterior Features: None
  • Gulf Access Type: Bridges, Water Indirect
  • Gulf Access: Yes
Interior Features
  • Cooling: Yes
  • Elevator Text Details: None
  • Heating: Yes
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 1019 Southeast 40th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1019 Southeast 40th Street

Taxable ValueLand-Additions-Total-
Home Facts
Beds0Lot Size15,000 SqFtStyleMiscellaneous ResidentialCountyLEEAPN07-45-24-C1-06100.00CE

Schools near 1019 Southeast 40th Street

This home is within Lee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 5
Rating
School
Distance
Pelican Elementary School
PublicPK to 5

Skyline Elementary School
PublicPK to 5

Patriot Elementary School
PublicPK to 5

Cape Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1019 Southeast 40th Street is a multi-family home for sale in Cape Coral, FL 33904. This property was listed for sale on February 22, 2024 by Royal Shell Real Estate, Inc., it's currently listed at $1,875,000. It has been on the market for a total of 70 days and was last sold on June 21, 2005. This listing's school district is Lee. Nearby schools include Pelican Elementary School, Skyline Elementary School and Patriot Elementary School. 1019 Southeast 40th Street is a 0-bed, 0-bath, multi-family home built in 1981.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Royal Shell Real Estate, Inc., Matt Wise

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.