620 SE 47th Street # 1-4 Cape Coral, FL $ 575,000
620 SE 47th Street # 1-4
$ 575,000
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620 SE 47th Street # 1-4

Cape Coral, FL, 33904
$ 575,000
Bedrooms4 Baths4.0 Sq 2,400

Monthly Estimate*

$ 3,587

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Multi-Family Home for sale in Cape Coral, FL

for $575,000 with 4 bedrooms and 4 full baths. This 2,400 square foot home was built in 1967 on a lot size of 0.345.

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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Multi-Family Active

Price

$ 575,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 8,605

Style

Quadruplex

Lot Size

0.345

Year Built

1967

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2025023648

Features
General
Sewer AssessmentPaid PublicSewer
Heating Central Electric
Cooling CentralAir Electric
Utilities CableAvailable
Possession CloseOfEscrow SubjectToTenantRights
Roof Shingle
HOA Fee 0.0
Architectural Style Ranch OneStory SeeRemarks
Construction Materials Brick Block Concrete Stucco
Pets Allowed Yes
Year Built 1967
Tenant Pays CreditCheck DepartureCleaning
Stories Count 1
Unit Number 1-4
Property Subtype Quadruplex
Tax Year 2025
Development Name CAPE CORAL
Waterfront Features None
HOA Fee 2 0.0
County Lee
Net Operating Income 79000.0
Operating Expense 30447.0
New Construction N
Property Type ResidentialIncome
Association Amenities Laundry Storage
HOA N
Attached Garage N
Subdivision Name CAPE CORAL
Garage Y/N N
Full Baths 4
Status Active
City Cape Coral
Disclosures OwnerHasFloodInsurance OwnerIsListingAgent SellerDisclosure
Land Lease Amount 0.0
Senior Community Y/N N
Zoning Description R3-D
Number Of Units Total 4
MLS Area CC12 - Cape Coral Unit 7-15
Lot Size Units Acres
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 8605.08
Home Warranty Y/N N
Property Condition Resale
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2025023648
Structure Type Quadruplex
Standard Status Active
Tax Lot 9
Property Sub Type Additional Quadruplex
Legal Description CAPE CORAL UNIT 9 BLK 316 PB 13 PG 11 LOTS 9 THRU 11
HOA Fee 3 0.0
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Exterior
Exterior Amenities Courtyard Fence FruitTrees SprinklerIrrigation OutdoorGrill
Lot Features MultipleLots SprinklersAutomatic
Water Source AssessmentPaid Public Assessment Paid Public
Lot Size Area 0.345
Horses N
Spa N
Irrigation/Water Rights Y
Building Area Total 2400.0
Lot Dimensions 130 x 115 x 130 x 115
Lot Size Acres 0.345
Private Pool N
Lot Size Source Appraiser
Waterfront Y/N N
Covered Spaces 0.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Terrazzo Tile
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Other
Fireplace Y/N N
Laundry Features CommonArea
Total Bedrooms 4
Total Baths 4
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* Excluded Features
List By
Carolina Depombo

Listing Agent

Premier Sotheby's Int'l Realty

Broker

depomborealestate@gmail.com

Email

Affordability Calculator

$4,304
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,587
Monthly Property Taxes
$717
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1023546 Elementary School
1023297 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/2/2026$575,000 Listed Price

Map


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620 SE 47th Street # 1-4, Cape Coral, FL, 33904 is a Multi-Family Home for sale at $575,000 with 2,400 sqft and a lot size of 0.345. 620 SE 47th Street # 1-4 has 4 bedrooms, 4.0 baths, and was built in 1967. The property's zip code is 33904 which is in Cape Coral, FL