40
See all 40 photos
$479,000
Est. payment /mo
6 BD
4 BA
10,585 Sqft Lot
Active
3227-3229 SW Santa Barbara PL Cape Coral, FL 33914
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UPDATED:
12/11/2024 10:35 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Cape Coral
MLS Listing ID 224096632
Bedrooms 6
Full Baths 4
HOA Y/N Yes
Originating Board Florida Gulf Coast
Year Built 1984
Annual Tax Amount $5,335
Tax Year 2024
Lot Size 10,585 Sqft
Acres 0.243
Property Description
Discover the perfect blend of space and potential in this rare 6-bedroom, 4-bathroom duplex, complete with a 2-car garage! This partially updated gem offers endless possibilities, whether you’re looking to maximize rental income, accommodate a large family, or create your dream multi-unit investment. IDEAL opportunity for generational living or investor as we have two of these duplexes side by side (see MLS number 224096615 and the address is 3223-3225 SW Santa Barbara Pl. Don’t let the address fool you; this is Santa Barbara PLACE (not Blvd), a charming residential street in desirable Southwest Cape Coral, lined with a mix of well-maintained multi-family and single-family homes. Each unit features 1,164 square feet of air-conditioned living space with three bedrooms, two bathrooms, and a one-car garage. The greatroom-style floor plans include a galley kitchen and a dining area, creating open and functional living spaces. The master suite provides ample room and includes a spacious walk-in closet along with a private en-suite bathroom. Each unit features an open patio for outdoor enjoyment, along with a separate one-car garage with laundry hookup and private driveway for added convenience. Both units have all-tile flooring, making them low-maintenance and ideal for tenant turnover. The dimensional shingle roof was replaced in 2018 and one unit entirely updated including HVAC replacement in 2021. The updated unit enjoys granite counter tops and white, shaker style cabinets throughout. City water/sewer are in and all assessments are paid in full. This duplex is a strong income producer, generating an impressive $42,720 in gross rental income annually. This property attracts quality tenants, ensuring consistent rental income year after year. Whether you are an experienced investor or just starting your portfolio, this opportunity combines steady cash flow with long-term potential. Cape Coral, Florida, offers a prime location for investment properties with its strong rental demand, steady property value growth, and attractive lifestyle appeal. Known for its waterfront access, abundant outdoor activities, and proximity to beaches, Cape Coral continues to be a popular destination for both long-term renters and vacationers, making it an ideal area for securing a profitable investment. Walking distance to a LeeTran bus stop less than a half a block away. A short walk, bike or drive to Publix grocery, Super Target, banking, dining, Lowe’s and more. Just off of Veterans and Santa Barbara Blvds making it a central and super convenient location. NOT in a flood zone, NO HOA & NO rent restrictions. The property is secured with solid leases in place, providing stable income, and there are no tenant pets, ensuring minimal wear and tear on the units. This property remained unaffected by flooding during Hurricane Ian and other recent storms. Kindly refrain from disturbing the tenants. Agents, please refer to the confidential remarks for details regarding showings.
Location
State FL
County Lee
Area Cape Coral
Zoning R3-D
Interior
Heating Central Electric
Flooring Tile
Fireplace No
Heat Source Central Electric
Exterior
Amenities Available None
Waterfront Description None
Roof Type Shingle
Porch Patio
Garage No
Private Pool No
Building
Lot Description Regular
Water Assessment Paid, Central
Architectural Style Duplex
Structure Type Concrete Block,Stucco
New Construction No
Others
Pets Allowed Yes
Senior Community No
Tax ID 02-45-23-C2-01825.0270
Listed by Encore Realty Services Inc • Paula Hellenbrand
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