#225002274, Svetlana Li, Listing office: Self Realty
Property details
About 508 SE 7th St
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 at over 8 CAP. ACs professionally serviced, most appliances were replaced within the last 24 months. Extra lot for storage, pets etc. Each unit is rented for $1700 per month with one vacancy. New price
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size4,000 sqft
Year built1987
MLS #A11732516
Virtual tour
Summary
- Flooring Type: Tile
- Exterior: Fence
- Architectural Style: Fourplex
- Heating: Central
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $749,000
- Price/SqFt: $187
- Annual Tax Amount: $8,129
- Tax Year: 2023
- Directions: Google maps
- Year Built: 1987
- Stories: 1
- Living Area: 4,000 SqFt
- MLS Number: A11732516
- MLS Name: SEFMIAMI
- Office Name: Elliott Realty Services Inc.
- Office Phone: (305) 667-3325
- Office Email: derealest@aol.com
- Listing Agent: Donald Elliott
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/21/2025, 12:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $281,939 | $8,129 |
| 2022 | $389,156 | $8,745 |
| 2021 | $289,968 | $8,745 |
| 2020 | $264,055 | $8,082 |
| 2019 | $237,040 | $7,015 |
| 2018 | $215,491 | $6,736 |
| 2017 | $232,583 | $6,450 |
History based on county public records data.
Nearby schools
6
Caloosa Elementary School
Public District KG-5
1.4 mi
•620 Del Prado Blvd S
5
Hector A. Cafferata, Jr. Elementary School
Public District KG-5
1.5 mi
•250 Santa Barbara Blvd N
5
Patriot Elementary School
Public District KG-5
2.0 mi
•711 SW 18th St
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 $50,812. Most Cape Coral, FL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
24%
<35k
60%
35k-100k
15%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
32%
Single, No Kids
19%
Single, with Kids
28%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
42%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Horse Races
Extreme Sports
Pro Boxing
Where do the neighbors shop?
Stein Mart
Sam's Club
Family Dollar
Where do the neighbors go to eat?
LongHorn Steakhouse
White Castle
Church's Chicken
What do the neighbors drive?
Buick
Oldsmobile
Chevrolet
What do the neighbors listen to?
Contemporary Inspirational
Rock
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 508 SE 7th St
The listing price of 508 SE 7th St property is $749,000.
The property 508 SE 7th St is a multi located in Cape Coral, Florida, 33990.
Active Listing: 508 SE 7th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 508 SE 7th St are: Caloosa Elementary School (GreatSchools Rating 6/10), Hector A. Cafferata, Jr. Elementary School (GreatSchools Rating 5/10), Patriot Elementary School (GreatSchools Rating 5/10), Mid Cape Global Academy (GreatSchools Rating 3/10), Caloosa Middle School (GreatSchools Rating 5/10), Heritage Charter Academy of Cape Coral (GreatSchools Rating 2/10), North Nicholas High School (GreatSchools Rating 1/10), Cape Coral High School (GreatSchools Rating 4/10), Mariner High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $8,129 (source: MLS/based on county public records data).
The property 508 SE 7th St is 4,000 SqFt (source: MLS/tax record).
The year of construction for 508 SE 7th St is 1987.
This home is located at 508 SE 7th St in Cape Coral, FL and zip code 33990 in the Hancock neighborhood. This 4,000 square foot home was built in 1987. Features: 0 bathroom. It has been listed on Rocket Homes since January 27, 2025 and is currently priced at $749,000.
In June 2025, from all listings sold in Cape Coral, FL there were more than 44 sold above asking price, over 364 sold below and more than 95 were sold right at the asked price. In June 2025 in Cape Coral, FL there were 1.3% less homes for sale than in May. In June 2025, listings were on the market for 77 days. During the same period, the median list price in this real estate market was $379,376.
From Rocket Homes Real Estate and based on county public records data.