Cape Coral, FL 33914 721-723 SW 40th Terrace

Pending
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Presented By: RE/MAX Trend
  • MLS# 224020803
  • 03/03/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 6
  • Baths • 4
  • SQFT • 2,400

Home Details

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.
Presented By: RE/MAX Trend

Interior Features for 721-723 SW 40th Terrace

Bedrooms

Total Bedrooms6

Bathrooms

Full Baths4
Total Baths4

Other Interior Features

Air Conditioning Y/NYes
FlooringTile
Heating Y/NYes
Street SuffixTerrace
Window FeaturesDisplay Window(s)

Other Rooms

General for 721-723 SW 40th Terrace

Architectural StyleDuplex
Association AmenitiesNone
CityCAPE CORAL
Community FeaturesBoat Facilities
Condo Fee
Construction MaterialsBlock, Concrete, Stucco
CoolingCentral Air, Electric
CountyLee
Days on Market78
Exterior FeaturesSprinkler/Irrigation, Patio, Room For Pool
HOA
HeatingCentral, Electric
Land Lease Amount
Legal DescriptionCAPE CORAL UNIT 44 BLK 1729 PB 21 PG 111 LOTS 32 + 33
MLS AreaCC21 - Cape Coral Unit 3, 30, 44, 6
Net Operating Income12000
Operating Expense12000
Patio/Porch FeaturesPatio
Pets AllowedYes
PossessionClose Of Escrow, Subject To Tenant Rights
PostalCityCAPE CORAL
Property ConditionResale
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidential Income
RoofShingle
SewerAssessment Paid, Public Sewer
Standard StatusPending
StatusPending
Street Name40th
Structure TypeDuplex
Subdivision NameCAPE CORAL
Tax Annual Amount8767.68
Tax Lot32
Tax Year2023
Tenant PaysApplication Fee, Departure Cleaning, Electricity, Pet Deposit, Security, Water
Total Units2
UtilitiesCable Available
Waterfront FeaturesCanal Access, Seawall
Waterfront Y/NYes
Year Built2018
Zoning DescriptionR3-W

Exterior for 721-723 SW 40th Terrace

Building Area Total2400
Canal WidthCanal Width 31-80
Covered Spaces
Lot Dimensions85 x 125 x 85 x 125
Lot FeaturesOversized Lot, Sprinklers Automatic
Lot Size Acres0.244
Lot Size Area0.244
Lot Size SourceAppraiser
Lot Size UnitsAcres
LotDimensionsSourceAppraiser
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved
SpaNo
Water SourceAssessment Paid, Public

Additional Details

Price History

Worth Clark

Price $649,000
MLS#224020803
List Date 03/03/2024
Property Type Pending
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