Attention Investors: Great long term income producing property. Approx. 18 months left on leases. Each side rents for $1,800. per month. Annual gross income is $43,200. Good tenant's been there for many years and would like to stay. Home is located in the sought after downtown area, walking distance to downtown entertainment district. Close to the Yacht Club and public beach. Unit #720 has stainless appliance package. Tile throughout both sides. Both homes have garages. Roof 2022. Unit #718 leased until August 31, 2025...$1,800.00 security deposit
Unit #720 leased until January 31, 2025...$1,800.00 security deposit.
Closed
$530,000
718/720 SE 46th Ter, Cape Coral, FL 33904
6beds
2,444sqft
Duplex, Multi Family
Built in 1991
-- sqft lot
$488,200 Zestimate®
$217/sqft
$1,669 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: June 11, 2025 at 10:40am
Listed by:
Roxann Wothe 651-398-7744,
Sellstate Priority Realty
Bought with:
Erik Fine, 258016718
Cornerstone Coastal Properties
Source: Florida Gulf Coast MLS,MLS#: 224025847
Originating MLS: Florida Gulf Coast
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Features
- Flooring: Tile
- Windows: Arched, Single Hung
Interior area
- Total structure area: 2,444
- Total interior livable area: 2,444 sqft
Property
Features
- Stories: 1
- Exterior features: None
- Waterfront features: None
Lot
- Size: 10,018 sqft
- Dimensions: 116 x 84 x 84 x 116
- Features: Rectangular Lot
Details
- Parcel number: 124523C300318.0210
- Lease amount: $0
- Zoning description: R3-D
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch,One Story,Duplex
- Property subtype: Duplex, Multi Family
Materials
- Block, Concrete, Stucco
- Roof: Shingle
Condition
- Resale
- Year built: 1991
Utilities & green energy
- Sewer: Assessment Paid
- Water: Assessment Paid
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: Cape Coral
- Subdivision: CAPE CORAL
HOA & financial
HOA
- Amenities included: None
Other fees
- Condo and coop fee: $0
- Membership fee: $0
Other
Other facts
- Listing terms: All Financing Considered,Cash
- Contingency: Sale of Home
Sell for more on Zillow
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$488,200
2% more+$9,764
With Zillow Showcase(estimated)$497,964