328 Tarpon Dr #1, Cape Coral, FL 33904 - Photo 1

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1/23

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$450,000

For Sale
Active
Multi-Family
4 Units
0.23 Acres
Updated 12 days ago

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1/23

Property Description

Best Income for price on this 4-plex with current monthly rents estimated at $4642/month; market rents could easily exceed $5000/month. Take advantage of this conveniently located investment property with its proximity close to Downtown Cape Coral and the NEW Bimini Basin restaurant and more. All the units are move-in condition and have been well maintained with low maintenance ALL Tile Floors. There are two laundry rooms/storage areas behind each 1-BR unit and belong to the 1-BR unit tenants; washer/dryer provided by 1-BR tenants. (previous tenants of the efficiency units have negotiated use with the 1-BR tenants). Roof installed in 2023. A/C units are newer and maintained professionally. Put this on your investment MUST SEE LIST and make your appointment today.

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Full Property Details

Full Property Details for 328 Tarpon Dr #1

General

Price: $450,000
Taxes: (2025)
Status: Active
Type: Multi-Family
Source: Bonita_Springs
MLS ID: 2026012151
Updated: 3/18/2026
Added to Site: 19 day(s) ago

Interior

Flooring: Tile

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

Bedrooms

Total Bedrooms: 4

Additional Information

Shared Amenities: None, Boating

Exterior

Exterior Features: Storage

Location

Area: CC11 - Cape Coral Unit 1, 2, 4-6
County: Lee
Subdivision: CAPE CORAL
Building Name: CAPE CORAL
Driving Directions: Cape Coral Pkwy to South on Palm Tree Dr (Dollar General) to Right on Tarpon Dr - 4-plex is 2nd building on left.

Community

Units Assoc/Comm: 4
Pets Allowed: Yes

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Ceiling Fan(s), Central Electric, Window Unit(s)
Heating Type: Central Electric, Window Unit

Utilities

Sewer: Assessment Paid
Water: Assessment Paid
Cable Available: Yes
Utility Description: Cable Available

Structural Information

Description/Design: Quadruplex
Exterior Const.: Concrete Block, Stucco
Roof: Shingle
Windows: Single Hung
Stories/Levels: 1
Year Built: 1964

Lot Features

Lot Size (Acres): 0.23
Lot Size (Sq. Ft.): 10,018
Lot Size Source: Property Appraiser Office
Lot Dimensions: 80 x 80 x 125 x 125
Frontage Feet: 80
Irrigation System: Assessment Paid
Lot Features: Regular
Zoning: MXB
Lot Description: Regular

Water Features

Water Front Desc.: None
Canal Width: None
Boat Dock Slip: Yes

Financial Considerations

Operating Expenses: $7,452
Tax Year: 2025
Terms: Seller Pays Title
Tenant Pays: Electricity, Water

Disclosures and Reports

Legal Description: CAPE CORAL UNIT 2 PART 3 BLK 92 PB 11 PG 41 LOTS 14 + 15
Property ID: 13-45-23-C1-00092.0140
Section: 13
Block: 92
Lot Number: 14

Listed by RE/MAX Realty Team

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Schools

Schools serving 328 Tarpon Dr #1

School District:Lee County School District, Fort Myers, FL

Name	Grades	Distance
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904	K-5	1.3 mi
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914	K-5	2 mi
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914	K-5	3.6 mi
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914	6-8	3.4 mi
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991	6-8	5.2 mi
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991	9-12	3.5 mi
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914	9-12	3.6 mi
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993	9-12	7.6 mi
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903	9-12	7.9 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 328 Tarpon Dr #1 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/18/2026

Price Reduced

$450,000

-5.26%

MLS

3/11/2026

Listed

$475,000

15.85%

MLS

6/12/2023

Sold

$410,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 328 Tarpon Dr #1

Year

Property Taxes

Change

Tax Assessment

Change

2025

$3,969

-34%

$262,630

13%

2024

$6,036

82%

$232,370

223%

2023

$3,325

-25%

$71,949

-58%

2021

$4,440

-11%

$171,374

-28%

2022

$4,998

13%

$237,771

64%

2021

$4,440

$145,342

-1%

2019

$4,111

14%

$146,964

28%

2018

$3,610

$115,007

-2%

2017

$3,425

$117,087

2016

$3,140

11%

$107,123

24%

2015

$2,831

19%

$86,406

2014

$2,381

11%

$80,900

2013

$2,151

—

$74,199

—

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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 328 Tarpon Dr #1

328 Tarpon Dr #1, Cape Coral, FL 33904 (MLS# 2026012151) is a Multi-Family property with 4 units containing 4 bedrooms and 4 full bathrooms. 328 Tarpon Dr #1 is currently listed for $450,000 and was received on March 11, 2026. Want to learn more about 328 Tarpon Dr #1? Do you have questions about finding other Multi-Family real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.

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328 Tarpon Dr #1 Cape Coral, FL 33904