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$425,000
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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.
Full Property Details
Full Property Details for 328 Tarpon Dr #1
General
- Sold For: $425,000
- Taxes: (2025)
- Status: Closed
- Type: Multi-Family
- Source: Bonita_Springs
- MLS ID: 2026012151
- Added to Site: 128 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
Sold by FGC Non-MLS Office
Get Pre-Approved Today
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
Date
Details
Price
Change
Source
6/12/2026
Sold
$425,000
-2.3%
MLS
3/31/2026
Price Reduced
$435,000
-3.33%
MLS
3/18/2026
Price Reduced
$450,000
-5.26%
MLS
3/11/2026
Listed
$475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
328 Tarpon Dr #1, Cape Coral, FL 33904 (MLS# 2026012151) is a Multi-Family property that was sold at $425,000 on June 12, 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.

