3318 Del Prado Boulevard South

Cape Coral, FL 33904

$995,000
Price
Beds
4,350 Sq. Ft.
$229 / Sq. Ft.
4,350
Sq. Ft.
$229
per Sq. Ft.

Description

Don’t miss this lucrative investment opportunity nestled in picturesque Cape Coral! This multifamily gem boasts a total of 6 units spread across 4,530 square feet, comprising (2) 2-bedroom/1-bathroom units and (4) 1-bedroom/1-bathroom units, and is currently 100% occupied with great long-term tenants, ensuring stable income for savvy investors. Maximize your cash flow with separate water and electric meters for each unit, while enjoying the landlord-provided appliances including washer and dryer...Don’t miss this lucrative investment opportunity nestled in picturesque Cape Coral! This multifamily gem boasts a total of 6 units spread across 4,530 square feet, comprising (2) 2-bedroom/1-bathroom units and (4) 1-bedroom/1-bathroom units, and is currently 100% occupied with great long-term tenants, ensuring stable income for savvy investors. Maximize your cash flow with separate water and electric meters for each unit, while enjoying the landlord-provided appliances including washer and dryer in every apartment. Plus, rest easy knowing the roofs are new in 2022, and all air conditioners have been recently updated. Positioned with 120 feet of frontage on Del Prado, this property offers unparalleled visibility, while renters benefit from easy access to major commuting routes. Positioned in a desirable location outside of flood zones and with great long-term tenants already in place, this multifamily investment opportunity in Cape Coral is a must-have for investors seeking stable returns and long-term success!
  1. Listed by Chris Horvath • RE/MAX Realty Group

Property Details for 3318 Del Prado Boulevard South

Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
None/Other

Location

Listing Courtesy of RE/MAX Realty Group, Chris Horvath
Add your commute
LISTING UPDATED: 03/28/2024 12:02 PM

Property Details for 3318 Del Prado Boulevard South

StatusActive
MLS #224028807
Days on Market39
Taxes$9,969 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1971
Lot Size0.34 AC / 14,984 SF
CountyLee County

Location

Listing Courtesy of RE/MAX Realty Group, Chris Horvath
Add your commute

Building Information for 3318 Del Prado Boulevard South

Stories1Residences-Year Built1971Building Size-Lot Size0.34 AC / 14,984 SF

Payment Calculator

$6,261 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,430

Property Taxes

$831

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3318 Del Prado Boulevard South

Summary
Location and General Information
  • City: CAPE CORAL
  • Directions: Fully occupied, bringing in $79,200 annual gross income
  • Human Modified: Yes
  • Latitude: 26.59
  • Longitude: -81.94
  • MLS Area Major: CC12 - Cape Coral Unit 7-15
  • Postal Code: 33904
  • Street Direction Suffix: S
  • Street Name: Del Prado
  • Street Number: 3318
  • Street Suffix: BLVD
  • Full Address: 3318 Del Prado BLVD S
  • Location: Located off Del Prado in between Veterans and Cape Coral Parkway.
Parking
  • Covered Spaces: .00
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • HOA Fee: $.00
  • Tax Annual Amount: $9,968.96
  • Tax Year: 2023
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Parcel Number: 06-45-24-C2-00508.0150
  • Property Type: Commerical
  • Acres: 0.344
  • Lot Size Area: 0.344
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: CAPE CORAL UNIT 12 BLK 508 PB 13 PG 55 LOTS 15 THRU 17
Property and Assessments
  • Total Area: 4350.0
  • Property Condition: Resale
  • Property Sub Type: Multi Family
  • Special Assessment: 0.00
  • Year Built Numeric: 1971
  • Zoning Code: C1-D
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
  • 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
  • Water: None
Multi Family
Multi-Family Information
  • Annual Food And Beverage Minimum: 0.00
  • Other Fee: $.00
  • Total Floors: 1
Interior and Exterior Features
Exterior Features
  • Canal Width: None
  • Exterior Features: None
  • Gulf Access: No
Interior Features
  • Cooling: Yes
  • Elevator Text Details: None
  • Heating: Yes
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 3318 Del Prado Boulevard South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3318 Del Prado Boulevard South

Taxable ValueLand$131,607Additions$409,988Total$541,595
Tax Record2023$9,969 ($831 / month)
Home Facts
Total Finished SqFt1,474 SqFtAbove Grade Finished SqFt1,474 SqFtStories1Lot Size15,000 SqFtStyleTriplexYear Built1971Year Renovated1986ZoningC1-DCountyLEEAPN06-45-24-C2-00508.0150

Schools near 3318 Del Prado Boulevard South

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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3318 Del Prado Boulevard South is a multi-family home for sale in Cape Coral, FL 33904. This property was listed for sale on March 27, 2024 by RE/MAX Realty Group, it's currently listed at $995,000. It has been on the market for a total of 39 days and was last sold on September 26, 2019. This listing's school district is Lee. Nearby schools include Pelican Elementary School, Skyline Elementary School and Patriot Elementary School. 3318 Del Prado Boulevard South is a 0-bed, 0-bath, 4,350 sqft multi-family home built in 1971.

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.

Listing Courtesy of RE/MAX Realty Group, Chris Horvath

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.