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Multifamily in Cape Coral, FL 33990
Cape Coral, 508 SE 7th St

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Closed
$650,000
139K
Estimate Payment $4,060Closing Costs
Beds
4,000
SqFt
$163
$/SqFt
Sold - Oct 23, 2025
Entry-Level Multifamily
Built in 1987
Fourplex
Fence
Fantastic rental property. 4 units, separate meters, NEW ROOF, each unit has a fenced yard, all units are tiled floors ( perfect for pet owners) Split bedroom plans Volume ceilings, modern kitchens, No surprises here. Great location close to everything Quiet neighborhood, great parking. Great moneymaker. Priced to sell, ACs professionally serviced, most appliances were replaced within the last 24 months. Extra lot for storage, pets etc. Each unit is projected to rent for $1600 per month New price Short term rentals are allowed with restrictions.
MLS Number: A11732516
On Site: 598 Days
Updated: 20 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Fence
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir, CeilingFans
      Building and Construction
      • Floor Description: Tile
      • Windows/Treatment: Blinds
      • Year Built: 1987
      • Year Built Description: Effective Year Built
      • Style: Fourplex
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2025-01-27T12:02:20.000-00:00
        Taxes, Fees & More
        • Taxes: 9278

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        Price History

        Current
        $650K
        High
        $789K
        Low
        $650K
        Total Change
        -17.6%
        $806K$720K$633KJan 25Jul 25Aug 25Sep 25Sep 25Oct 25
        Date
        Event
        Price
        Change
        Price Per
        10/23/2025
        Sold
        $650K
        0%
        $163 ft2
        $1,749 m2
        09/19/2025
        Price Reduced
        $650K
        -12.16%
        $163 ft2
        $1,749 m2
        09/19/2025
        Price Reduced
        $740K
        -0.67%
        $185 ft2
        $1,991 m2
        08/29/2025
        Price Reduced
        $745K
        -0.53%
        $186 ft2
        $2,005 m2
        07/06/2025
        Price Reduced
        $749K
        -5.07%
        $187 ft2
        $2,016 m2
        01/27/2025
        Listed
        $789K
         
        $197 ft2
        $2,123 m2
        10/23/2025
        $650K
        Event
        Sold
        Change
        0%
        Price Per
        $163 ft2
        $1,749 m2
        09/19/2025
        $650K
        Event
        Price Reduced
        Change
        -12.16%
        Price Per
        $163 ft2
        $1,749 m2
        09/19/2025
        $740K
        Event
        Price Reduced
        Change
        -0.67%
        Price Per
        $185 ft2
        $1,991 m2
        08/29/2025
        $745K
        Event
        Price Reduced
        Change
        -0.53%
        Price Per
        $186 ft2
        $2,005 m2
        07/06/2025
        $749K
        Event
        Price Reduced
        Change
        -5.07%
        Price Per
        $187 ft2
        $2,016 m2
        01/27/2025
        $789K
        Event
        Listed
        Price Per
        $197 ft2
        $2,123 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Donald Elliott • Elliott Realty Services Inc. • Buyer Agency Compensation .

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        Scores

        Walk Score®
        Car-Dependent. Almost all errands require a car
        21
        100
        Bike Score®
        Somewhat Bikeable. Minimal bike infrastructure
        38
        100
        Sound Score®
        Bearable noise
        79
        100
        Airport Score
        Close to airports. Noticeable airport activity
        0
        100
        Traffic Score
        Congested area. Frequent traffic delays
        27
        100
        Local Score
        Limited local amenities nearby
        0
        100
        Community Snapshot
        4,000 - 4,000
        SqFt Range
        1987
        Year Build

        Cape Coral
        Entry-Level
         Entry-Level Homes & Condos

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        The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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