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4825 Marine Drive

Cape Coral, FL 33904
  • $395,000
  • STATUS: Active
  • ON SITE: 60 Days
  • ID#: 224076968
UPDATED: 50 min ago
$395,000
  • 4
    BEDS
  • 0.23
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1972
County:
Lee

School Ratings & Info

Description

This duplex is ideally located. It is 2 blocks away from the nearly completed Bimini Square project that will include retail shops, a restaurant and waterfront views. The property is in the CRA District. It has consolidation potential for a six story structure. The duplex was remediated from Hurricane Ian so it can be used for immediate rental income or be replaced with a new building with greater density. This is an outstanding investment opportunity.

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© 2024 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Southwest Florida R.E. Group LLC | Realty Once Group MVP. Data last updated 2024-12-02T13:29:41.307.
www.swflregroup.com/homes/156229022
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4825 Marine Drive Cape Coral, FL 33904

  • Price: $395,000
  • Status: Active
  • On Site: 60 Days
  • Updated: 50 min ago
  • ID#: 224076968
4
Beds
2
Baths
0
½ Baths
0.23
Acres
1972
Built
Neighborhood:
Cape Coral
County:
Lee
Area:
Cc11 - Cape Coral Unit 1, 2, 4-6
Property Description
This duplex is ideally located. It is 2 blocks away from the nearly completed Bimini Square project that will include retail shops, a restaurant and waterfront views. The property is in the CRA District. It has consolidation potential for a six story structure. The duplex was remediated from Hurricane Ian so it can be used for immediate rental income or be replaced with a new building with greater density. This is an outstanding investment opportunity.
Exterior Features

Architectural Style Duplex Construction Materials Block Concrete Stucco Covered Spaces 0 Exterior Features None Pool Private YN No Roof Shingle Spa YN No Structure Type Duplex

Interior Features

Cooling Central Air Ceiling Fan(s) Electric Cooling YN Yes Flooring Tile Heating Central Electric Heating YN Yes Window Features Other

Property Features

Association Amenities None Association Fee 0 Association Fee2 0 Association Fee3 0 Building Area Total 0 Community Features Non- Gated Disclosures Familial Relation Irrigation Source Included in Assessment Land Lease Amount 0 Listing Terms All Financing Considered Cash Lot Features Rectangular Lot Net Operating Income 24000 Pets Allowed Yes Possession Close Of Escrow Potential Short Sale YN N Property Condition Resale Property Sub Type Duplex Property Sub Type Additional Duplex Restrictions Sewer Assessment Paid Tax Annual Amount 2420.79 Tax Year 2023 Tenant Pays Electricity Unit Location Utilities Cable Not Available Water Access Description None Water Source Assessment Paid Waterfront Features None Waterfront YN No Zoning Description SC

Listing courtesy of Tiuso Realty Group.


© 2024 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Southwest Florida R.E. Group LLC | Realty Once Group MVP. Data last updated 2024-12-02T13:29:41.307.
 
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Southwest Florida R.E. Group LLC | Realty Once Group MVP
1495 Pine Ridge Rd #1
Naples FL, 34109