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$494,900
Monthly Est:$2,463
5 Beds
- 4 Baths
4 full baths
2,606sqft
227-225 Cape Coral Pkwy E, Cape Coral, FL 33904
$494,900
$2,463/moEst:
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Duplex
Built in 1984
$-- HOA
0.46 acre lot
$190/sq.ft
Description
Income Today Upside tomorrow. OPPORTUNITY KNOCKS on Cape Coral Parkway! This existing duplex includes a one-car attached garage on one side and offers multiple possibilities for rental income, expansion, or future redevelopment. The multifamily property includes additional land that may provide the opportunity to construct another duplex while retaining the existing structure. You may also consider removing the existing improvements and redeveloping the combined property for multiple residential units, potentially more than four units, depending on allowable density, setbacks, parking, utilities, site-plan requirements, and final approval from the City of Cape Coral. Buyers should independently verify all development possibilities with the City. DO NOT DISTURB TENANTS!!!! Recent permit history includes a Re-roof completed in 2022 and re-piping work completed in 2004 for both sides.
- Houzeo last checked: 13 minutes ago
- Listing updated: November 1, 2026 at 11:26 pm
- Listing Provided by: Jeannette Di Leo (239) 771-0525 DRE #249529169 | Realty One Group MVP (800) 896-8790
- Source: Florida Gulf Coast MLS, Fort Myers-FL | MLS#: 226026704

This condo is in:
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1984
HOA Fees
-
Finished Area
2,606 sqft
Lot Size
0.46 acre lot
Basement Area
- sqft
MLS Name
Florida Gulf Coast MLS, Fort Myers
MLS Number
226026704
MLS Status
Active
Days on Market
101
Cumulative Days on Market
99

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 4
Interior
Flooring
Laminate, Tile
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Sewer
Assessment Paid
Window Features
Single Hung
Exterior Features
None
Construction
Year Built
Year Built: 1984
Home type
Duplex
Architectural Style
Duplex
Construction Materials
Block, Concrete, Stucco
Roof
Shingle
Property Condition
Resale
Utilities & Energy
Utilities
Cable Available
Association Amenities
None
Water Source
Assessment Paid
Other Features
Disclosures
Familial Relation
Community Features
None
Tenant Pays
Application Fee, Electricity, Internet, Trash Collection, Water
Lot Features
Multiple Lots
Subdivision Name
Cape Coral
Price History
| Date | Event | Price |
|---|---|---|
11/01/2026 Source: | Price Decreased | $494,900 -5.73% $190/sqft |
07/25/2026 Source: | Listed for Sale | $525,000 $201/sqft |
Caloosahatchee Ranks #8 in Cape Coral, FL
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Based on information from the Florida Gulf Coast Multiple Listing Service, Inc. through Nov 04, 2026, 07:00AM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some IDX listings have been excluded from this website. © 2026 Florida Gulf Coast Multiple Listing Service - All Rights Reserved.
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