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$575,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 0.345 Acres
See This Home
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Rare opportunity to own a well-maintained quadplex in the very heart of downtown Cape Coral. This turnkey investment property offers strong, consistent rental income and is fully set up for immediate operation. The property features four well laid out one-bedroom, one-bath apartments, each with dedicated extra storage, plus a separate coin-operated laundry building providing additional income. Meticulously cared for by the owner, the quadplex boasts a newer roof with resealed flat roof membrane, new electrical meters, and has never experienced flooding. The grounds are fully fenced and enhanced with an irrigation/sprinkler system, exterior security cameras, and a property-wide internet mesh system. Offered fully turnkey, this is an ideal opportunity for investors seeking low-maintenance ownership in a prime location. Situated just steps from public transportation, restaurants, nightlife, and downtown Cape Coral events, this central location ensures continued rental demand and long-term value. A highly sought after downtown asset-perfect for investors looking to secure a stable, income-producing property in one of Cape Coral's most desirable areas.

Full Property Details for 620 SE 47th St #1-4

General

  • Price: $575,000
  • Taxes: (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Bonita_Springs
  • MLS ID: 2025023648
  • Updated: 1/2/2026
  • Added to Site: 16 day(s) ago

Interior

  • Flooring: Terrazzo, Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Common Area

Additional Information

  • Shared Amenities: Extra Storage, No Subdivision

Exterior

  • Exterior Features: Courtyard, Automatic Sprinkler

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: Central Electric
  • Heating Type: Central Electric

Utilities

  • Sewer: Assessment Paid, Central
  • Water: Assessment Paid, Central
  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • Architectural Style: See Remarks
  • Description/Design: Quadruplex
  • Exterior Const.: Concrete Block, Brick, Stucco
  • Roof: Shingle
  • Windows: Other
  • Stories/Levels: 1
  • Year Built: 1967

Lot Features

  • Lot Size (Acres): 0.345
  • Lot Size (Sq. Ft.): 15,028
  • Lot Size Source: Property Appraiser Office
  • Lot Dimensions: 130 x 130 x 115 x 115
  • Frontage Feet: 130
  • Fence: Yes
  • Irrigation System: Assessment Paid, Reclaimed
  • Lot Features: 3 Lots
  • Trees/Vegetation: Fruit Trees
  • Zoning: R3-D
  • Lot Description: 3 Lots
  • Fencing (Description): Fenced

Water Features

  • Water Front Desc.: None
  • Canal Width: None

Financial Considerations

  • Operating Expenses: $30,447
  • Tax Year: 2025
  • Terms: Buyer Finance/Cash
  • Tenant Pays: Credit Application, Departure Cleaning

Disclosures and Reports

  • Multiple Parcels: Yes
  • Legal Description: CAPE CORAL UNIT 9 BLK 316 PB 13 PG 11 LOTS 9 THRU 11
  • Property ID: 12-45-23-C3-00316.0090
  • Section: 12
  • Block: 316
  • Lot Number: 9

Listed by Premier Sotheby's Int'l Realty

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Listing agent

— 620 SE 47th St #1-4 —

  • Premier Sotheby's Int'l Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 620 SE 47th St #1-4

School District:Lee County School District, Fort Myers, FL
NameGradesDistance
Cape Elementary School
4519 Vincennes Boulevard, Cape Coral, FL 33904
K-50.8 mi
Pelican Elementary School
3525 Southwest 3rd Avenue, Cape Coral, FL 33914
K-51.9 mi
Gulf Elementary School
3400 Southwest 17th Place, Cape Coral, FL 33914
K-53.8 mi
Gulf Middle School, Cape Coral, FL
1809 Southwest 36th Terrace, Cape Coral, FL 33914
6-83.6 mi
Trafalgar Middle School
2120 Trafalgar Parkway, Cape Coral, FL 33991
6-85.3 mi
Cape Coral High School
2300 Santa Barbara Boulevard, Cape Coral, FL 33991
9-123.3 mi
Ida S. Baker High School
3500 Agualinda Boulevard, Cape Coral, FL 33914
9-123.8 mi
North Fort Myers High School
5000 Orange Grove Boulevard, North Fort Myers, FL 33903
9-127.4 mi
Mariner High School
701 Chiquita Boulevard North, Cape Coral, FL 33993
9-127.5 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 620 SE 47th St #1-4 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/02/2026
Listed
$575,000
40.24%
MLS
5/25/2021
Sold
$410,000
—
Public Record
Get Price Alerts and Save Property
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 for 620 SE 47th St #1-4

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,137
-26%
$407,635
1%
2024
$8,324
12%
$403,967
24%
2023
$7,441
47%
$326,054
60%
2021
$5,046
-26%
$203,668
-34%
2022
$6,845
36%
$310,721
67%
2021
$5,046
17%
$185,726
28%
2018
$4,310
5%
$144,929
-13%
2017
$4,113
16%
$166,350
39%
2016
$3,561
-21%
$119,776
-25%
2019
$4,516
30%
$159,422
36%
2015
$3,464
39%
$117,199
28%
2014
$2,495
4%
$91,778
-13%
2013
$2,397
—
$105,700
—
View All
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 for 620 SE 47th St #1-4

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Premier Sotheby's Int'l Realty

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620 SE 47th St #1-4, Cape Coral, FL 33904 (MLS# 2025023648) is a Multi-Family property with 4 units containing 4 bedrooms and 4 full bathrooms. 620 SE 47th St #1-4 is currently listed for $575,000 and was received on January 02, 2026. Want to learn more about 620 SE 47th St #1-4? 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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