4616 Southeast 5th Avenue, Unit 12

Cape Coral, FL 33904

$569,900
Price
4
Beds
4
Baths
1,600 Sq. Ft.
$356 / Sq. Ft.
1,600
Sq. Ft.
$356
per Sq. Ft.

Description

Welcome to this fabulous two-bedroom, two-bath duplex that sits on an oversized lot in the heart of sunny Southwest Florida's Cape Coral! It's like a vacation home and an investment opportunity all rolled into one. Both units are sold turnkey. Picture this: a spacious property that can be rented out as not just two but four separate units on Airbnb. That means you can make money while enjoying the beach life! And guess what? There's room to expand and add three more units for more income potential!...Welcome to this fabulous two-bedroom, two-bath duplex that sits on an oversized lot in the heart of sunny Southwest Florida's Cape Coral! It's like a vacation home and an investment opportunity all rolled into one. Both units are sold turnkey. Picture this: a spacious property that can be rented out as not just two but four separate units on Airbnb. That means you can make money while enjoying the beach life! And guess what? There's room to expand and add three more units for more income potential! It's like a real estate jackpot! The building has a new roof, water heater, and new AC units, so you'll be cool as a cucumber. This property is just a five-minute walk to downtown Cape Coral and the new Bimini Basin and Cove on 47th commercial complexes. This fun, bustling area offers diverse dining and nightlife, or you can hop in the car, and you are only 30 minutes away from the stunning beaches of Sanibel and Fort Myers Beach. It's like having your own personal paradise right at your doorstep. So whether you're looking for a dream vacation home or a wise investment, this duplex is the ultimate choice. Don't miss out on this once-in-a-lifetime opportunity to own a piece of paradise in the booming South Cape area. It's time to make your dreams come true.
  1. Listed by Marlene Cohn • Miloff Aubuchon Realty Group
  2. Listed by Zachary Cohn • Miloff Aubuchon Realty Group

Property Details for 4616 Southeast 5th Avenue, Unit 12

Development
CAPE CORAL
Building Design
Duplex
Community Type
No Subdivision
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
None/Other

Location

Listing Courtesy of Miloff Aubuchon Realty Group, Marlene Cohn; Miloff Aubuchon Realty Group, Zachary Cohn
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LISTING UPDATED: 04/30/2024 01:41 PM

Property Details for 4616 Southeast 5th Avenue, Unit 12

StatusActive
MLS #224036590
Days on Market11
Taxes$4,001 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size0.34 AC / 14,984 SF
CountyLee County

Location

Listing Courtesy of Miloff Aubuchon Realty Group, Marlene Cohn; Miloff Aubuchon Realty Group, Zachary Cohn
Add your commute

Building Information for 4616 Southeast 5th Avenue, Unit 12

Stories1Residences2Year Built1964Building Size-Lot Size0.34 AC / 14,984 SF

Payment Calculator

$3,444 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,110

Property Taxes

$333

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4616 Southeast 5th Avenue, Unit 12

Summary
Location and General Information
  • City: CAPE CORAL
  • Human Modified: Yes
  • Latitude: 26.57
  • Longitude: -81.96
  • MLS Area Major: CC12 - Cape Coral Unit 7-15
  • Pets: No Approval Needed
  • Postal Code: 33904
  • Road Responsibility: Public Maintained Road
  • Street Direction Prefix: SE
  • Street Name: 5th
  • Street Number: 4616
  • Street Suffix: AVE
  • Block: 285
  • Unit Number: 1-2
  • Full Address: 4616 SE 5th AVE 1-2
Parking
  • Covered Spaces: .00
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • HOA Fee: $.00
  • Tax Annual Amount: $4,001.04
  • Tax Year: 2022
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Development Name: CAPE CORAL
  • Number Of Buildings: 2
  • Parcel Number: 12-45-23-C3-00285.0270
  • Property Type: Residential Income
  • Section: 12
  • Lot Unit: 27
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Multiplelots
  • Acres: 0.344
  • Lot Size Area: 0.344
  • Lot Size Dimensions: 120 x 125 x 120 x 125
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: CAPE CORAL UNIT 9 BLK 285 PB 13 PG 15 LOTS 27 28 + 29
Property and Assessments
  • Total Area: 1600.0
  • Possession: Close Of Escrow
  • Property Condition: Resale
  • Property Sub Type: Duplex
  • Township: 45
  • Range: 23
  • Special Assessment: 0.00
  • Sub Condo Name: CAPE CORAL
  • Year Built Numeric: 1964
  • Property Sub Type Additional: Duplex
  • Zoning Code: R3-D
Lease Information
  • Land Lease Fee: $.00
  • Lease Amount Per Area Unit: Dollars Per Square Foot
  • 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: Assessment Paid
  • Utilities: Cable Available
  • Water Source: Assessment Paid
  • Water: Assessment Paid
Multi Family
Multi-Family Information
  • Gross Rental Income: $.00
  • Annual Net Operating Income: $.00
  • Annual Food And Beverage Minimum: 0.00
  • Number Of Units Total: 2
  • Annual Expenses: $.00
  • Other Fee: $.00
  • Stories: 1.0
  • Units in Building: 2
Unit 1 Information
  • Monthly Gross Income: $2,500.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Description: Family,Laundry Common,Screened Lanai/Porch,Cable Available,Ceiling Fan(s),Cooktop,Dishwasher,Microwave,Range,Refrigerator/Ice,Smoke Detector
  • Furnished: Furnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 2500
  • Unit Type Type: Item2Bedroom
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 800.0
Unit 2 Information
  • Monthly Gross Income: $4,000.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Description: Family,Laundry Common,Open Lanai/Porch,Cable Available,Ceiling Fan(s),Cooktop,Dishwasher,Dryer,Microwave,Range,Refrigerator/Ice,Smoke Detector
  • Furnished: Furnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 4000
  • Unit Type Type: Item2Bedroom
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 800.0
Interior and Exterior Features
Exterior Features
  • Architectural Style: Ranch, One Story, Duplex
  • Association Amenities: None
  • Canal Width: None
  • Construction: Poured Concrete, Concrete Block
  • Exterior Features: Patio
  • Exterior Features: Patio, Extra Building
  • Irrigation Source: None
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio
  • Private Pool: No
  • Roof: Shingle
  • Structure Type: Duplex
  • Gulf Access: No
  • Spa: No
Interior Features
  • Baths Full: 4
  • Bathrooms Total Integer: 4.0
  • Beds Total: 4
  • Cooling: Central Air, Ceiling Fans, Electric
  • Cooling: Yes
  • Elevator Text Details: None
  • Flooring: Laminate, Vinyl
  • Heating: Central, Electric
  • Heating: Yes
  • Window Features: Jalousie
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 4616 Southeast 5th Avenue, Unit 12

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4616 Southeast 5th Avenue, Unit 12

Taxable ValueLand$48,300Additions$86,554Total$134,854
Tax Record2020$3,295 ($275 / month)
Home Facts
Total Finished SqFt1,560 SqFtAbove Grade Finished SqFt1,560 SqFtStories1Lot Size14,985 SqFtStyleMulti-Family Res (5+ Units)Year Built1964Year Renovated1981ZoningR3-DCountyLEEAPN124523C3002850270

Schools near 4616 Southeast 5th Avenue, Unit 12

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

Gulf Elementary School
PublicPK to 5

Skyline 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.

Similar Homes

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Similar Sold Homes

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4616 Southeast 5th Avenue, Unit 12 is a multi-family home for sale in Cape Coral, FL 33904. This property was listed for sale on April 22, 2024 by Miloff Aubuchon Realty Group, it's currently listed at $569,900. This listing's school district is Lee. Nearby schools include Pelican Elementary School, Gulf Elementary School and Skyline Elementary School. 4616 Southeast 5th Avenue, Unit 12 is a 4-bed, 4-bath, 1,600 sqft multi-family home built in 1964.

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 Miloff Aubuchon Realty Group, Marlene Cohn; Miloff Aubuchon Realty Group, Zachary Cohn

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.