328 Tarpon Drive Cape Coral, FL $ 499,900
328 Tarpon Drive
$ 499,900
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328 Tarpon Drive

Cape Coral, FL, 33904
$ 499,900
Bedrooms4 Baths4.0 Sq 1,600

Monthly Estimate*

$ 3,078

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Multi-Family Home for sale in Cape Coral, FL

for $499,900 with 4 bedrooms and 4 full baths. This 1,600 square foot home was built in 1964 on a lot size of 0.23.

Unlock incredible income potential with this professionally remodeled QUADRUPLEX, a true gem for savvy investors. Featuring a newer roof and modern updates throughout, including stylish kitchen cabinets, bathrooms, and appliances. This property is move-in ready and hassle-free. This Quadruplex includes TWO 1-bedroom, 1-bath apartments and TWO efficiency apartments. Three apartments are currently rented, providing steady income, offering immediate rental upside. Enjoy the flexibility to live in one apartment and collect income from the others to pay your mortgage, or operate the property as a full-time investment. Ideally located just a short distance from the Bimini Basin, with easy access to downtown Cape Coral’s restaurants, shops, neighborhood parks, and more! Don’t miss this turnkey, income-producing opportunity in a highly desirable area. Call today to schedule a viewing!

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Multi-Family Active

Price

$ 499,900

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 6,449

Style

Quadruplex

Lot Size

0.23

Year Built

1964

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2026004802

Features
General
Sewer AssessmentPaid
Heating Central Electric WindowUnit
Cooling CentralAir CeilingFans Electric WindowUnits
Utilities CableAvailable
Possession SubjectToTenantRights
Roof Shingle
HOA Fee 0.0
Patio/Porch Features Patio
Architectural Style Ranch OneStory
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 1964
Tenant Pays CableTv Electricity
Stories Count 1
Property Subtype Quadruplex
Tax Year 2025
Development Name CAPE CORAL
Waterfront Features None
HOA Fee 2 0.0
County Lee
Net Operating Income 49254.0
Operating Expense 1.0
New Construction N
Property Type ResidentialIncome
Association Amenities None
HOA N
Attached Garage N
Subdivision Name CAPE CORAL
Garage Y/N N
Full Baths 4
Status Active
City Cape Coral
Disclosures OwnerHasFloodInsurance
Land Lease Amount 0.0
Senior Community Y/N N
Zoning Description MXB
Number Of Units Total 4
MLS Area CC11 - Cape Coral Unit 1 2 4-6
Lot Size Units Acres
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 6449.56
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://my.matterport.com/show/?m=njWkhHFMcN5&brand=0
Structure Type Quadruplex
Standard Status Active
Tax Lot 14
Property Sub Type Additional Quadruplex
Legal Description CAPE CORAL UNIT 2 PART 3 BLK 92 PB 11 PG 41 LOTS 14 + 15
HOA Fee 3 0.0
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Exterior
Exterior Amenities Patio
Lot Features RectangularLot
Water Source AssessmentPaid Assessment Paid
Lot Size Area 0.23
Horses N
Spa N
Irrigation/Water Rights N
Building Area Total 1600.0
Lot Dimensions 80 x 125 x 80 x 125
Lot Size Acres 0.23
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 Tile
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features SingleHung
Fireplace Y/N N
Total Bedrooms 4
Total Baths 4
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* Excluded Features
List By
Lissette Riquelme

Listing Agent

Redfin Corporation

Broker

lisanaplesinvest@gmail.com

Email

Affordability Calculator

$3,615
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,078
Monthly Property Taxes
$537
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2/2/2026$499,900 Listed Price

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328 Tarpon Drive, Cape Coral, FL, 33904 is a Multi-Family Home for sale at $499,900 with 1,600 sqft and a lot size of 0.23. 328 Tarpon Drive has 4 bedrooms, 4.0 baths, and was built in 1964. The property's zip code is 33904 which is in Cape Coral, FL