$10,000
closing credit¹
3223-3229 SW Santa Barbara Pl Cape Coral, FL 33914
Property details
About 3223-3229 SW Santa Barbara Pl
ATTENTION INVESTORS: FOURPLEX available … two side by side duplexes to be sold together to one buyer ONLY. Well maintained complex managed meticulously by owner. Several updates to various units. Great opportunity for investor or multifamily-multigenerational living. Don’t let the address fool you; this is Santa Barbara PLACE (not Blvd), a charming residential street in desirable Southwest Cape Coral, lined with a mix of newer, well-maintained multi-family and single-family homes. Easy and appealing location for tenants. Each unit features 1,164 square feet of air-conditioned living space with three bedrooms, two bathrooms, and a one-car garage. The greatroom-style floor plans include a galley kitchen and a dining area, creating open and functional living spaces. The master suite provides ample room and includes a spacious walk-in closet along with a private en-suite bathroom. Each unit features an open patio for outdoor enjoyment, along with a separate one-car garage with laundry hookup and private driveway for added convenience. All units have all-tile flooring, making them low-maintenance and ideal for tenant turnover. The dimensional shingle roofs were replaced in 2018. Unit 3229 has been fully updated and enjoys granite counter tops and white, shaker style cabinets throughout and a new HVAC in 2018 as well. City water/sewer are in and all assessments are paid in full. This duplex is a strong income producer, generating an impressive $84,060 in gross rental income annually. Leases are staggered throughout the year, minimizing vacancy downtime. Several long term tenants and top market rents, a perfect combination! This property attracts quality tenants, ensuring consistent rental income year after year. Whether you are an experienced investor or just starting your portfolio, this opportunity combines steady cash flow with long-term potential. Cape Coral, Florida, offers a prime location for investment properties with its strong rental demand, steady property value growth, and attractive lifestyle appeal. Known for its waterfront access, abundant outdoor activities, and proximity to beaches, Cape Coral continues to be a popular destination for both long-term renters and vacationers, making it an ideal area for securing a profitable investment. Walking distance to a LeeTran bus stop less than a half a block away. A short walk, bike or drive to Publix grocery, Super Target, banking, dining, Lowe’s and more. Just off of Veterans and Santa Barbara Blvds making it a central and super convenient location. NOT in a flood zone, NO HOA & NO rent restrictions. The property is secured with solid leases in place, providing stable income, and there are no tenant pets, ensuring minimal wear and tear on the units. This property remained unaffected by flooding during Hurricane Ian and other recent storms. Kindly refrain from disturbing the tenants. Agents, please refer to the confidential remarks for details regarding showings. PET FREE/SMOKE FREE UNITS.
Highlights
Summary
- MLS Number: 225002135
- MLS Name: SWFL
- Office Name: Encore Realty Services Inc
- Office Phone: (239) 542-4600
- Office Email: rick@encorerealty.com
- Listing Agent: Paula Hellenbrand
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
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Last updated on: 2/7/2025, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![single story home with a front yard and a garage](/homes/listing-images/52540402_S0197/S0197/S0197-R0100/1101099559/2003732133905.jpg?version=1736508935&width=640)
$899,900
3223-3229 SW Santa Barbara Pl
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
7
Pelican Elementary School
Public District KG-5
1.6 mi
•3525 SW 3rd Ave
8
Cape Elementary School
Public District KG-5
1.7 mi
•4519 Vincennes Blvd
7
Gulf Elementary School
Public District KG-5
2.9 mi
•3400 SW 17th Pl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,818. The most common annual income of people living in Cape Coral, FL is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 3223-3229 SW Santa Barbara Pl in Cape Coral, FL and zip code 33914 in the Pelican neighborhood. Features: 12 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since January 10, 2025 and is currently priced at $899,900.
In January 2025 more than 28 listings in Cape Coral, FL were sold above the asking price. During the same period more than 55 listings were sold at asking price, while more than 220 were sold below. The inventory of homes for sale in Cape Coral, FL between December and January 2025 increased by 16.9%. While the average time on the market in January 2025 was 78 days, the median list price was $389,888.