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    4614 7Th Pl Cape Coral, FL 33914

    • Assisted living facilities
    • 1,879 SF
    • 0.23 lot acres
    For Sale
    View listing
    $3,100,000
    Value Estimation
    Last Sale
    Aug 24, 2023
    $450,000
    Location Intelligence
    Property ID
    US18-0705477
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Assisted living facilities

    Property Details for 4614 7Th Pl

    Year built
    2002
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.23 lot acres
    Property size
    1,879 SF
    Zone code
    R3-D
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    11-45-23-C4-01711.0220
    APU
    114523C4017110220

    Description

    This fully operational 12-bed assisted living facility in Cape Coral, Florida, presents a unique investment opportunity. Located at 4614 SW 7th Pl, 33914, the property sits on a 1.2-acre lot and encompasses 3,705 square feet. The existing facility is currently licensed for 12 beds and offers both private and semi-private rooms, with existing staff and services in place. A significant advantage is the approved permit for a substantial expansion, adding up to an additional 60 beds. Detailed plans are ready for immediate development on an adjacent lot, with the potential to construct a new 42-bed facility, projected for completion in the first quarter of 2025. This expansion will create up to 10 new jobs. The existing building is Class B and the property boasts a 15.10% cap rate, making it an attractive investment for both owner-users and investors. The current asking price is $3,100,000. This presents a rare opportunity in a market with limited inventory. The property's thoughtful design includes accessible community spaces for resident gatherings and activities. Please note that disturbing the existing business is discouraged.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $520,000

    • CAP approach

      CAP return
      Estimation
      6%
      $515,000
      6.5%
      $525,000
      7%
      $535,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $450,000
      Geo Method
      $585,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $535,000
      Retail
      $445,000
      Mixed-Use
      $540,000
      Hospitality
      $570,000
      Educational
      $555,000
      Residential Income
      $430,000
      Energy
      $455,000
      Income-Based Land
      $500,000
      Food Service
      $515,000

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.9899
    Latitude
    26.5657
    CBSA code
    15980
    CBSA name
    CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,545
    $22,445
    $375,205
    $397,650
    -
    $22,445
    $375,205
    $397,650

    Comparable in this City

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    • Value Estimation
      $1,580,000
      3,819 SF

      1621 Cpe Coral W Pkwy

      MEDICAL BUILDING • 3,819 SF
      1621 Cpe Coral W Pkwy, Cape Coral, FL 33914-6948
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    • Value Estimation by Request
      6,576 SF

      4539 Chiquita S Blvd

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    • Value Estimation
      $1,465,000
      4,799 SF

      418 47th Ter

      MEDICAL BUILDING • 4,799 SF
      418 47th Ter, Cape Coral, FL 33914-6506
      View Details
    • Value Estimation
      $1,135,000
      3,739 SF

      521 Cpe Coral W Pkwy

      MEDICAL BUILDING • 3,739 SF
      521 Cpe Coral W Pkwy, Cape Coral, FL 33914-8507
      View Details

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    • Contact for pricing
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    Cape Coral, FL 33914
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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