721-723 Southwest 40th Terrace
721-723 Southwest 40th Terrace
$649,000
6
4
2,400
2,400
$270
Description
Introducing a fantastic opportunity in SWFL, this duplex offers a desirable layout with three bedrooms and two bathrooms on each side. Whether you're looking for a primary residence or an investment property, this duplex has the potential to meet your needs. One of the standout features of this property is its great rental income potential. With two separate units, you have the option to rent out each side, maximizing your investment returns. The spacious three-bedroom layouts provide ample space...Introducing a fantastic opportunity in SWFL, this duplex offers a desirable layout with three bedrooms and two bathrooms on each side. Whether you're looking for a primary residence or an investment property, this duplex has the potential to meet your needs. One of the standout features of this property is its great rental income potential. With two separate units, you have the option to rent out each side, maximizing your investment returns. The spacious three-bedroom layouts provide ample space for tenants, making it an attractive option for potential renters. Located on a gulf access canal, this duplex offers the added benefit of waterfront living. Imagine having the convenience of a boat dock right at your doorstep, allowing you to easily explore the beautiful waterways of SWFL. Whether you're a boating enthusiast or simply enjoy the tranquility of waterfront living, this feature adds tremendous value to the property. In addition to its prime location and rental income potential, this duplex also offers versatility. You can choose to live in one unit and rent out the other, providing you with a source of income while enjoying the benefits of homeownership. Alternatively, you can rent out both units and generate a steady stream of rental income. Overall, this duplex in SWFL presents an exciting opportunity for both investors and those seeking a new home. With its spacious three-bedroom layouts, great rental income potential, and waterfront location with a boat dock, it offers a unique combination of comfort, convenience, and financial benefits. Don't miss out on the chance to own this versatile property in a highly sought-after area.
Property Details for 721-723 Southwest 40th Terrace
Development
CAPE CORAL
Building DesignDuplex
Community TypeBoating, No Subdivision
WaterfrontYes
Waterfront DescCanal Access, Seawall
Waterfront DescCanal, Seawall
ViewNone/Other
Location
LISTING UPDATED: 03/03/2024 10:29 AM
Property Details for 721-723 Southwest 40th Terrace
Status | Active |
---|---|
MLS # | 224020803 |
Days on Market | 61 |
Taxes | $8,768 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 2018 |
Lot Size | 0.24 AC / 10,628 SF |
County | Lee County |
Location
Building Information for 721-723 Southwest 40th Terrace
Stories-Residences2Year Built2018Building Size-Lot Size0.24 AC / 10,628 SF
Payment Calculator
$4,273 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 721-723 Southwest 40th Terrace
Property History for 721-723 Southwest 40th Terrace
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 721-723 Southwest 40th Terrace
Taxable ValueLand$58,000Additions$268,228Total$326,228
Tax Record2020$6,459 ($538 / month)
Home Facts
Total Finished SqFt2,396 SqFtAbove Grade Finished SqFt2,396 SqFtStories1Lot Size10,629 SqFtStyleMulti-Family Res (5+ Units)Year Built2018Year Renovated2018ZoningR3-WCountyLEEAPN114523C1017290320
Schools near 721-723 Southwest 40th Terrace
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 |
---|---|---|
Tropic Isles Elementary School PublicPK to 5 | ||
Hancock Creek Elementary School PublicPK to 5 | ||
Hector A. Cafferata Jr Elementary School PublicPK to 5 | ||
Diplomat 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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