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Quadplex with Canal Access
For Sale
$860,000
Pending

425 SW 47th Terrace, Cape Coral, FL 33914

MULTI_FAMILY - Other - Cape Coral, FL

Property SizeContact for details
Lot Size0.23 Acres
Days on Market250

Property Features for 425 SW 47th Terrace

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description R3-W
Bedrooms 10
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 3, Bathroom 3, Bathroom 7, Bathroom 2, Bedroom 6, Bedroom 9, Bathroom 5, Bedroom 1, Bathroom 6, Bedroom 2, Bedroom 7, Bedroom 4, Bedroom 10, Bedroom 8, Bathroom 1, Bathroom 8, Bedroom 5, Bathroom 4
Pets allowed Call
Interior features HighSpeedInternet
Subdivision CAPE CORAL
Standard status Pending
APN 11-45-23-C4-01705.0130
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description CAPE CORAL UNIT 44 BLK 1705 PB 21 PG 106 LOTS 13 + 14
Tax Annual Amount 11838
Legal Description CAPE CORAL UNIT 44 BLK 1705 PB 21 PG 106 LOTS 13 + 14

Utilities

Heating system Central, Electric (Heating)
Cooling system Electric, Central Air
Water front features Canal Access
Water front 1

Amenities

screen lanai
canal views

Building Details

Year built 1983
Floors in Building 2
Number of units 4
Flooring type Laminate
Building materials Block, Concrete, Stucco
Roof type Shingle
Architectural style Other
Listing Agency: Sellstate Advantage Realty
Listed By: Anca Garner · License #258035145
Added: Dec 12, 2025 Changed: Aug 3 Last Checked: Aug 19 at 6:06AM
MLS# 2025019547

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This quadplex is located on a 0.23-acre lot and was built in 1983 with block, concrete, and stucco construction. The property offers a central electric heating and central air system, along with high-speed internet capability. A newer shingle roof was installed in 2022, and impact windows are included.

Three of the four units have been totally updated with modern fixtures, flooring, bathrooms, and kitchens. The updated units include washer/dryer and a kitchen with new stainless steel appliances, including a dishwasher, fridge/freezer, microwave, and cooktop. Each unit is laid out with two bedrooms and two full bathrooms and provides outdoor space via a screen in lanai with canal views. The fourth unit is available as a blank canvas for customization.

The property also features canal access, supporting water-oriented views from the private screened lanai for each tenant.

Key Highlights

  • 0.23‑acre quadplex lot built in 1983
  • New shingle roof installed in 2022
  • Impact windows

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Restaurant Hair Salon Spa & Massage Center Nail Salon Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

385
Businesses Nearby

Demographics for 33914, FL

42,222
Population
22,936
Households
1.8
Avg Household Size
52
Median Age
28%
College-Educated
95%
High-School Grad
22.4 sq mi
ZIP Area
1,885
Density / Sq Mi
$75,557
Median Household Income
$41,672
Median Earnings
$1,714
Median Rent
$408,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Remodeled quadplex on canal access with impact windows and updated units featuring new appliances, flooring, and bathrooms.
Where is this quadplex located?
The property is located at 425 SW 47th Terrace Cape Coral, FL.
What is the asking price?
The asking price for this property is $860,000.
What are key features of this property?
This property features: 0.23‑acre quadplex lot built in 1983; New shingle roof installed in 2022; Impact windows
More about this property
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