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1226 Se 40th St, CAPE CORAL, FL

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

This is a legal 4 unit property per Lee Co Appraiser. Currently rented as a duplex with 2 bedrooms and 2 baths per side bringing in $2260 per month. The rental income shown in this listing is based on projected income. 4 doors allows great flexibility for annual or seasonal rentals.
The attached financial analysis is based on actual historical data from my own properties with annual tenants in place. Waterfront / boating community. Walk to downtown Cape Coral restaurants , night clubs. festivals and Farmers Market. Great VRBO or Air B&B.
Newer windows, terrazzo floors, updated kitchens and bathrooms, new hot water heaters. Quick Gulf access to the Gulf of Mexico. Clean, fast moving canal with concrete dock and seawall in excellent condition. Great fishing!

Essential Information

For 1226 Se 40th St, CAPE CORAL, FL
  • MLS® # 220019502
  • Price $309,900
  • Taxes $4,481
  • Tax Year 2019
  • Bedrooms 4
  • Bathrooms 4.00
  • Full Baths 4
  • Square Footage 1550.00
  • Acres 0.23
  • Year Built 1964
  • Type Residential Income
  • Sub-Type Quadruplex
  • Style Duplex
  • Status Active

Community Information

For 1226 Se 40th St, CAPE CORAL, FL
  • Address 1226 Se 40th St
  • Area CC12 - Cape Coral Unit 7
  • Subdivision CAPE CORAL
  • County Lee
  • State FL
  • Zip Code 33904


For 1226 Se 40th St, CAPE CORAL, FL
  • Features Rectangular Lot
  • Is Waterfront Yes
  • Waterfront Canal Access, Riprap, Seawall
  • Has Pool Yes
  • Pool Community


For 1226 Se 40th St, CAPE CORAL, FL

Boat Dock, Dog Park, Laundry, Park, Pool, Restaurant, Trail(s)


For 1226 Se 40th St, CAPE CORAL, FL
  • Interior Terrazzo
  • Heating Central, Electric, Window Unit


For 1226 Se 40th St, CAPE CORAL, FL

Central Air, Wall/Window Unit(s)


For 1226 Se 40th St, CAPE CORAL, FL
  • Exterior Block, Concrete, Stucco
  • Lot Description Rectangular Lot
  • Windows Double Hung
  • Roof Shingle
  • Construction Block, Concrete, Stucco

Additional Information

For 1226 Se 40th St, CAPE CORAL, FL
  • Date Listed March 11th, 2020
  • Days on Market 23
  • Zoning R3-W
  • HOA Fees $0
  • Condo Fees $0

Listing Details

For 1226 Se 40th St, CAPE CORAL, FL
  • Office MVP Realty Associates

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