227-225 Cape Coral PKWY E

About this Property

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.

Listing Details

MLS #

226026704

Board

Southwest Florida

Market

florida

Property Type

Residential Income

Style

Duplex

Year Built

1984

Heating

Central Electric

Cooling

Ceiling Fan(s), Central Electric

Lot Size

160 × 125 ft

Annual Taxes

$4,152/yr

Listed By

Realty One Group MVP

Listed On

July 25, 2026

Days on Market

79