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1022 Se 11th St, CAPE CORAL, FL

$309,900 - 6 Beds - 4 Baths - .23 Acres - 31 DOM

This fully rented duplex offers a great investment opportunity. Each side rents for $1200 per month. With gross income of $28,800 minus taxes ($3840), minus insurance ($1254) and allowing a generous 10% for vacancy collection and repairs ($2880), you still collect $20,826 in net income each year. At list price, that's an almost 7% return in your first year. Both units have similar floor plans with 3 bedrooms, 2 full baths and 1 car garage. They feature vaulted ceilings, tile throughout and a private screened lanai. A new central AC unit was installed in one unit in 2018 and the other in 2016. This is a great rental location in the heart of Cape Coral, close to stores, restaurants, schools, city hall, and commuter routes. All assessments are paid. This is one you'll want to check out.

Essential Information

For 1022 Se 11th St, CAPE CORAL, FL
  • MLS® # 219048182
  • Price $309,900
  • Taxes $3,993
  • Tax Year 2018
  • Bedrooms 6
  • Bathrooms 4.00
  • Full Baths 4
  • Acres 0.23
  • Year Built 2003
  • Type Income
  • Sub-Type Duplex
  • Style Duplex
  • Status Active

Community Information

For 1022 Se 11th St, CAPE CORAL, FL
  • Address 1022 Se 11th St
  • Subdivision CAPE CORAL
  • Development CAPE CORAL
  • City CAPE CORAL
  • County Lee
  • State FL
  • Zip Code 33990
  • Community Type Boating

Area

For 1022 Se 11th St, CAPE CORAL, FL

CC14 - Cape Coral Unit 16,18,22-

Amenities

For 1022 Se 11th St, CAPE CORAL, FL
  • Amenities None
  • Waterfront None
  • Golf Communtiy N

Interior

For 1022 Se 11th St, CAPE CORAL, FL
  • Heating Central Electric
  • Cooling Ceiling Fans, Central Electric

Exterior

For 1022 Se 11th St, CAPE CORAL, FL
  • Exterior Stucco
  • Exterior Features Sprinkler Auto
  • Lot Description Regular
  • Windows Single Hung
  • Roof Shingle
  • Construction Concrete Block

Additional Information

For 1022 Se 11th St, CAPE CORAL, FL
  • Date Listed July 22nd, 2019
  • Days on Market 31
  • Zoning 33990

Listing Details

For 1022 Se 11th St, CAPE CORAL, FL
  • Office 4 Seasons Realty LLC

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Naples Area Board of Realtors Logo The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright 2019 Southwest Florida MLS organizations.. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

The data relating to real estate for sale on this Website come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than Premiere Plus Realty Co. are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program.