Cape Coral, FL Investment Opportunity 🏡

Lee County, Cape Coral, FL, 33990
Sold
Listed at: August 13th, 2024
Price
$375,000
ARV
$700,000
Gross Margin
$325,000
Sq. Footage
2185
Type
Single-Family
Parking
Attached Garage
Year build
1978
Lot size
0.24 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Cape Coral, FL Investment Opportunity 🏡

📍 Address: 1866 Coral Point Dr, Cape Coral, FL 33990

Property Details:

  • Type: Single Family Home
  • Beds/Baths: 3 Bed / 2 Bath
  • Garage: Attached
  • Pool: In-ground Pool
  • Livable Area: 2,185 sqft (per tax records)
  • Lot Size: 10,236 sqft
  • Year Built: 1978 (Block Construction)
  • ARV: $700,000
  • Asking Price: $375,000
  • EMD: $10,000
  • Closing Date (COE): 8/30/24

🔗 Link to Photos: View Photos

Comps:

  • 2218 Coral Point Dr - Sold for $850k on 3/24 (Remodeled, Block)
    • 4 beds / 2 baths / 1,904 sqft / 1980 year built

Investment Highlights:

  • Potential ARV: Estimated After Repair Value (ARV) of $700,000.
  • Significant Equity: Potential for substantial equity with a below-market asking price.
  • Prime Location: Situated in Cape Coral, an area with strong demand and high property values.
  • Large Lot & Pool: Offers a spacious lot and in-ground pool, increasing the property's desirability.

Contact Us:

📞 Interested in this investment opportunity? Contact us for more details or to schedule a viewing.


Disclaimer:

This company has a direct contract with the seller. Legal action will be taken against anyone who contacts the seller directly. The property is sold as-is, with the buyer responsible for all closing and escrow costs. Buyers must conduct their own due diligence. No guarantees are made regarding property condition, value, or benefits. This is an assignment of contract with exclusive rights to purchase. We are not brokers and do not represent the seller. Contacting the owner without our consent will result in legal action. Buyers should verify all permits and information with the city/county building department.

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Helena Wu

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Disposition manager