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620 SE 47th Street , 1-4

Cape Coral, FL 33904
  • $575,000
  • STATUS: Pending
  • ON SITE: 18 Days
  • MLS #: 2025023648
Pending
UPDATED: 100 min ago
$575,000
  • 4
    BEDS
  • 0.34
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1967
County:
Lee

School Ratings & Info

Description

Rare opportunity to own a well-maintained quadplex in the very heart of downtown Cape Coral. This turnkey investment property offers strong, consistent rental income and is fully set up for immediate operation. The property features four well laid out one-bedroom, one-bath apartments, each with dedicated extra storage, plus a separate coin-operated laundry building providing additional income. Meticulously cared for by the owner, the quadplex boasts a newer roof with resealed flat roof membrane, new electrical meters, and has never experienced flooding. The grounds are fully fenced and enhanced with an irrigation/sprinkler system, exterior security cameras, and a property-wide internet mesh system. Offered fully turnkey, this is an ideal opportunity for investors seeking low-maintenance ownership in a prime location. Situated just steps from public transportation, restaurants, nightlife, and downtown Cape Coral events, this central location ensures continued rental demand and long-term value. A highly sought after downtown asset—perfect for investors looking to secure a stable, income-producing property in one of Cape Coral’s most desirable areas.

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© 2026 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 RE/MAX Realty Group. Data last updated 2026-01-21T00:23:49.583.
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620 SE 47th Street , 1-4 Cape Coral, FL 33904

  • Price: $575,000
  • Status: Pending
  • On Site: 18 Days
  • Updated: 100 min ago
  • MLS #: 2025023648
4
Beds
4
Baths
0
½ Baths
0.34
Acres
1967
Built
Neighborhood:
Cape Coral
County:
Lee
Area:
Cc12 - Cape Coral Unit 7-15
Property Description
Rare opportunity to own a well-maintained quadplex in the very heart of downtown Cape Coral. This turnkey investment property offers strong, consistent rental income and is fully set up for immediate operation. The property features four well laid out one-bedroom, one-bath apartments, each with dedicated extra storage, plus a separate coin-operated laundry building providing additional income. Meticulously cared for by the owner, the quadplex boasts a newer roof with resealed flat roof membrane, new electrical meters, and has never experienced flooding. The grounds are fully fenced and enhanced with an irrigation/sprinkler system, exterior security cameras, and a property-wide internet mesh system. Offered fully turnkey, this is an ideal opportunity for investors seeking low-maintenance ownership in a prime location. Situated just steps from public transportation, restaurants, nightlife, and downtown Cape Coral events, this central location ensures continued rental demand and long-term value. A highly sought after downtown asset—perfect for investors looking to secure a stable, income-producing property in one of Cape Coral’s most desirable areas.
Exterior Features

Architectural Style Ranch One Story See Remarks Construction Materials Brick Block Concrete Stucco Covered Spaces 0 Exterior Features Courtyard Fence Fruit Trees Sprinkler / Irrigation Outdoor Grill Pool Private YN No Roof Shingle Spa YN No Structure Type Quadruplex

Interior Features

Cooling Central Air Electric Cooling YN Yes Flooring Terrazzo Tile Heating Central Electric Heating YN Yes Laundry Features Common Area Window Features Other

Property Features

Association Amenities Laundry Storage Association Fee 0 Association Fee2 0 Association Fee3 0 Building Area Total 2400 Development Name CAPE CORAL Disclosures Owner Has Flood Insurance Owner Is Listing Agent Seller Disclosure Gulf Access YN False Irrigation Source Included in Assessment Reclaimed Water Land Lease Amount 0 Listing Terms All Financing Considered Cash Lot Features Multiple lots Sprinklers Automatic Net Operating Income 79000 Pets Allowed Yes Possession Close Of Escrow Subject To Tenant Rights Potential Short Sale YN No Property Condition Resale Property Sub Type Quadruplex Property Sub Type Additional Quadruplex Restrictions Sewer Assessment Paid Public Sewer Tax Annual Amount 8605.08 Tax Year 2025 Tenant Pays Credit Check Departure Cleaning Unit Location Utilities Cable Available Water Access Description None Water Source Assessment Paid Public Waterfront Features None Waterfront YN No Zoning Description R3- D

Listing courtesy of Premier Sotheby's Int'l Realty.


© 2026 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 RE/MAX Realty Group. Data last updated 2026-01-21T00:23:49.583.
 
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