4836/4838 Marine Drive Cape Coral, FL $ 495,000
4836/4838 Marine Drive
$ 495,000
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4836/4838 Marine Drive

Cape Coral, FL, 33904
$ 495,000
Bedrooms4 Baths4.0 Sq 2,228

Monthly Estimate*

$ 3,419

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Multi-Family Home for sale in Cape Coral, FL

for $495,000 with 4 bedrooms and 4 full baths. This 2,228 square foot home was built in 1987 on a lot size of 0.331.

FANTASTIC INVESTMENT OPPORTUNITY IN THE HEART OF CAPE CORAL! Discover this beautifully renovated duplex ideally situated just south of Cape Coral Parkway, minutes from the exciting redevelopment surrounding Bimini Basin and the vibrant downtown Cape Coral entertainment district! Situated on an oversized corner lot with a circular driveway, this income-producing property features two spacious units, each offering 2 bedrooms, 2 full bathrooms, an attached 1-car garage, an open-concept kitchen, and a desirable great room floor plan. Both units have been extensively renovated, featuring NEW A/C units, NEW flooring, beautifully updated kitchens, and remodeled bathrooms, offering modern finishes and peace of mind for years to come! One unit also features a private screened-in pool, adding to the property's appeal and rental potential. Additional highlights include no flooding during the hurricane and a prime location within walking distance of downtown Cape Coral's popular restaurants, shopping, nightlife, and entertainment. With significant redevelopment and investment taking place in the surrounding Bimini Basin area, this is an incredible opportunity to own an income-producing property in one of Cape Coral's most exciting locations! Whether you're looking to expand your investment portfolio or secure a property with long-term potential, this duplex checks all the boxes! *Some images are virtually staged.

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Multi-Family Active

Price

$ 495,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,928

Style

Duplex

Lot Size

0.331

Year Built

1987

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

2026042706

Features
General
Sewer Assessment Paid Public Sewer
Heating Central Electric
Cooling Central Air Ceiling Fan(s) Electric
Utilities Cable Available
Possession Subject To Tenant Rights
Roof Shingle
HOA Fee 0
Architectural Style Duplex
Pool Features Fiberglass In Ground Screen Enclosure
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 1987
Tenant Pays Cable TV Electricity Grounds Care Internet Pet Deposit Telephone Water
Property Subtype Duplex
Tax Year 2025
Waterfront Features None
Community Features Boat Facilities None
HOA Fee 2 0
County Lee
Net Operating Income 25020
Operating Expense 1380
Property Type Residential Income
Association Amenities None
Subdivision Name CAPE CORAL
Full Baths 4
Status Active
Directions From Cape Coral Pkwy turn onto Marine Dr (if heading East on CC Pkwy you will have to u-turn at Triton Ct W) property is last parcel on right side of road
City Cape Coral
Land Lease Amount 0
Zoning Description SC
Number Of Units Total 2
MLS Area CC11 - Cape Coral Unit 1 2 4-6
Lot Size Units Acres
Tax Annual Amount 7928.9
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026042706
Structure Type Duplex
Standard Status Active
Tax Lot 22
Property Sub Type Additional Duplex
Legal Description CAPE CORAL UNIT 2 PART 3 BLK 90 PB 11 PG 40 LOT 22 + 23
HOA Fee 3 0
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Window Features Single Hung Sliding
Total Bedrooms 4
Total Baths 4
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Exterior
Gulf Access false
Exterior Amenities IrrigationSprinklers
Lot Features Irregular Lot Oversized Lot Sprinklers Automatic
Water Source Assessment Paid Public
Lot Size Area 0.331
Number of Buildings 1
Spa false
Building Area Total 2228
Lot Dimensions 125 x 145 x 94 x 126
Lot Size Acres 0.331
Private Pool true
Lot Size Source Appraiser
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Jennifer Tarsia

Listing Agent

Exp Realty Llc

Broker

jentarsiarealtor@gmail.com

Email

Affordability Calculator

$4,080
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,419
Monthly Property Taxes
$661
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/10/2026$495,000 Listed Price

Map


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4836/4838 Marine Drive, Cape Coral, FL, 33904 is a Multi-Family Home for sale at $495,000 with 2,228 sqft and a lot size of 0.331. 4836/4838 Marine Drive has 4 bedrooms, 4.0 baths, and was built in 1987. The property's zip code is 33904 which is in Cape Coral, FL