$10,000 Closing Credit¹
#224045386, Anita Alt, Listing Office: Royal Shell Real Estate, Inc.
$789,000 List price
508 SE 7th St Cape Coral, FL 33990
$9,369
Closing credit¹
4,000 sqft
$197 / sqft
Multi-Family
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.
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size4,000 sqft
Year built1987
MLS #A11732516
Virtual tour
Summary
- 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: 3/14/2025, 6:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$789,000
508 SE 7th St
$9,369
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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. Residents of Cape Coral, FL typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living 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
Similar homes for sale
$7,124 Closing Credit¹
#224068170, Janet Danford, Listing Office: First Choice RE & Construction
$6,876 Closing Credit¹
#224040395, Henry Dietz, Listing Office: Professional Realty
$6,886 Closing Credit¹
#225002274, Svetlana Li, Listing Office: Self Realty
$6,886 Closing Credit¹
#225015458, Karen Morris, Listing Office: Professional Advantage Realty
$6,769 Closing Credit¹
#225001777, Kimberly Wallace, Listing Office: Century 21 Selling Paradise
$6,401 Closing Credit¹
#224078897, Holger Ludy, Listing Office: Realty 007 Inc
$6,233 Closing Credit¹
#225005512, Zachary Tholke, Listing Office: First Choice RE & Construction
Video tour
$8,182 Closing Credit¹
#A11732751, Donald Elliott, Listing Office: Elliott Realty Services Inc.
$6,055 Closing Credit¹
#225023482, Lin Miller, Listing Office: Sellstate Priority Realty
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 $789,000.
Cape Coral, FL housing market in February 2025 saw over 23 listings sold above listed price, more than 66 sold at listed price and over 268 sold below. The number of homes for sale in Cape Coral, FL increased by 10.6% between January and February 2025. The median list price of listings available in February 2025 was $389,438, while the average time on the real estate market was 83 days.
From Rocket Homes Real Estate and based on county public records data.