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$725,000
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Property Description
Investment Opportunity! This well-maintained 4-Plex is fully occupied and offers an excellent blend of stability and upside potential. The property is comprised of two buildings with two units each, thoughtfully arranged around a private central courtyard that adds both charm and functionality. Each of the four spacious units features: "¢ 2 Bedrooms / 2 Bathrooms "¢ In-unit laundry for tenant convenience "¢ Tile flooring throughout for durability and easy maintenance "¢ Screened lanais that extend the living space outdoors Recent capital improvements provide peace of mind, including a new roof (2022) and newer A/C systems. One unit has already been tastefully updated, demonstrating the added value potential for future renovations. This property offers investors a rare opportunity in today's market, with an attractive 6% cap rate and pro-forma financials that reflect strong rental demand. Properties like this rarely hit the market, so don't wait-this is the ideal blend of turnkey income, long-term appreciation, and prime rental appeal.
Full Property Details
Full Property Details for 3706 SE 10th Ave #3
General
- Sold For: $725,000
- Taxes: (2024)
- Status: Closed
- Type: Duplex
- Source: Bonita_Springs
- MLS ID: 2025004508
- Added to Site: 152 day(s) ago
Interior
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 8
Additional Information
- Shared Amenities: Barbecue (Picnic), See Remarks, Sidewalks, Non-Gated
Exterior
- Exterior Features: Courtyard, Privacy Wall, Automatic Sprinkler, Storage
Location
- Area: CC12 - Cape Coral Unit 7-15
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
Community
- Units Assoc/Comm: 4
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Assessment Paid, Central
- Water: Assessment Paid, Central
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- # Buildings: 2
- Architectural Style: See Remarks
- Description/Design: Quadruplex
- Structure Type: Duplex
- Exterior Const.: Concrete Block, Stucco
- Roof: Shingle
- Windows: Single Hung, Sliding
- Year Built: 1985
Lot Features
- Lot Size (Acres): 0.376
- Lot Size (Sq. Ft.): 16,378
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 120 x 141 x 125 x 125
- Frontage: Public Road
- Frontage Feet: 120
- Road Maintenance: City Maintained
- Irrigation System: Assessment Paid
- Lot Features: 3 Lots
- Zoning: R3-D
- Lot Description: 3 Lots
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Operating Expenses: $23,695
- Tax Year: 2024
- Terms: Buyer Finance/Cash
- Tenant Pays: Application Fee, Credit Application, Electricity, Telephone, Internet Access, Security, Water
Disclosures and Reports
- Multiple Parcels: Yes
- Legal Description: CAPE CORAL UNIT 14 BLK.487 PB 13 PG 68 LOTS 42 43 44
- Property ID: 06-45-24-C4-00487.0420
- Section: 6
- Block: 487
- Lot Number: 42
Listed by Century 21 Selling Paradise
Sold by Premiere Plus Realty Company
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Schools
Schools serving 3706 SE 10th Ave #3
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904 | K-5 | 1.2 mi |
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914 | K-5 | 1.6 mi |
Skyline Elementary School 620 Southwest 19th Street, Cape Coral, FL 33991 | K-5 | 3.1 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 3.4 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 3.6 mi |
Caloosa Middle School 610 Del Prado Boulevard South, Cape Coral, FL 33990 | 6-8 | 4.2 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 2.3 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 3.8 mi |
North Fort Myers High School 5000 Orange Grove Boulevard, North Fort Myers, FL 33903 | 9-12 | 6.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3706 SE 10th Ave #3
Date
Details
Price
Change
Source
11/05/2025
Sold
$725,000
-3.97%
MLS
8/18/2025
Listed
$755,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3706 SE 10th Ave #3, Cape Coral, FL 33904 (MLS# 2025004508) is a Duplex property that was sold at $725,000 on November 05, 2025. Want to learn more about 3706 SE 10th Ave #3? Do you have questions about finding other Duplex 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.

