4836-4838 MARINE DRIVE
Cape Coral, FL 33904
$495,000
FANTASTIC INVESTMENT OPPORTUNITY IN THE HEART OF CAPE CORAL! Discover this beautifully renovated duplex ideally situated just south of Cape Coral Parkway, minutes from the exciting redevelopment surrounding Bimini Basin and the vibrant downtown Cape Coral entertainment district! Situated on an oversized corner lot with a circular driveway, this income-producing property features two spacious units, each offering 2 bedrooms, 2 full bathrooms, an attached 1-car garage, an open-concept kitchen, and a desirable great room floor plan. Both units have been extensively renovated, featuring NEW A/C units, NEW flooring, beautifully updated kitchens, and remodeled bathrooms, offering modern finishes and peace of mind for years to come! One unit also features a private screened-in pool, adding to the property's appeal and rental potential. Additional highlights include no flooding during the hurricane and a prime location within walking distance of downtown Cape Coral's popular restaurants, shopping, nightlife, and entertainment. With significant redevelopment and investment taking place in the surrounding Bimini Basin area, this is an incredible opportunity to own an income-producing property in one of Cape Coral's most exciting locations! Whether you're looking to expand your investment portfolio or secure a property with long-term potential, this duplex checks all the boxes! *Some images are virtually staged.
Listing Courtesy of: EXP REALTY LLC
888-883-8509
| Listing Id: | A4709194 |
|---|---|
| List Price: | $495,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex |
| Status: | Active |
| Bedrooms Total: | 4 |
| Bathrooms Full: | 4 |
| Living Area: | 2,229 |
| Tax Annual Amount: | $7,929 |
| Lot Size Square Feet: | 14,418 |
| Lot Size Acres: | 0.33 |
| Waterfront?: | No |
| City: | Cape Coral |
| County Or Parish: | Lee |
| Subdivision Name: | Cape Coral |
| Postal Code: | 33904 |
| Year Built: | 1987 |
| Number Of Units Total: | 2 |
| Attached Garage?: | Yes |
| Bathrooms Total Integer: | 4 |
| Building Area Units: | Square Feet |
| Foundation Details: | Slab |
| Construction Materials: | Concrete |
| Cooling: | Central Air |
| Directions: | From Cape Coral Pkwy turn onto Marine Dr (if heading East on CC Pkwy you will have to u-turn at Triton Ct W), property is last parcel on right side of road |
| Elementary School: | Gulf Elementary |
| Exterior Features: | Rain Gutters |
| Flooring: | Ceramic Tile |
| Garage?: | Yes |
| Gross Income: | $26,400 |
| Heating: | Central, Electric |
| High School: | Ida S. Baker High School |
| Interior Features: | Ceiling Fans(s), Eat-in Kitchen, Split Bedroom |
| Laundry Features: | In Garage |
| Lease Term: | Twelve Months |
| Levels: | One |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Features: | Flood Insurance Required, Irregular Lot, Oversized Lot |
| Lot Size Acres: | 0.33 |
| Postal Code Plus4: | 9448 |
| Middle Or Junior School: | Gulf Middle School |
| MLS Area Major: | 33904 - Cape Coral |
| MLS Area Major: | 33904 - Cape Coral |
| Original List Price: | $495,000 |
| Other Equipment: | Irrigation Equipment |
| Parcel Number: | 13-45-23-C1-00090.0220 |
| Parking Features: | Circular Driveway, Garage Door Opener, Ground Level |
| Pets Allowed: | Yes |
| Pool Features: | In Ground, Fiberglass, Screen Enclosure |
| Property Attached?: | Yes |
| Township: | 45 |
| Road Surface Type: | Asphalt, Other |
| Roof: | Shingle |
| Listing Terms: | Cash, Conventional, Trade, FHA |
| Tax Year: | 2025 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Tenant Pays: | Electricity, Sewer, Trash Collection, Water |
| Total Actual Rent: | $2,200 |
| Financial Data Source: | Owner |
| Utilities: | BB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Connected, Sprinkler Recycled, Water Connected |
| Water Source: | Public |
| Property Condition: | Completed |
| Public Survey Range: | 23 |
| Public Survey Section: | 13 |
| Zoning: | SC |
| Possession: | Close Of Escrow |
| Annual Expenses: | 1380 |
| Annual Net Income: | 25020.00 |
| Available For Lease Yn: | Yes |
| Calculated List Price By Calcula: | 222.07 |
| Cddyn: | No |
| Flood Zone Code: | AE |
| Green Verification Count: | 0 |
| Homestead Yn: | No |
| Lease Restrictions Yn: | No |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 207.08 |
| Lot Size Square Meters: | 1339 |
| Property Description: | Walk-Up |
| Realtor Info: | Currently Leased |
| Sdeo yn: | No |
| Sw Subdiv Community Name: | Not Applicable |
| Terms Of Lease: | Renewal Option |
| Total Acreage: | 1/4 to less than 1/2 |
| Total Monthly Expenses: | 115 |
| Total Num Buildings: | 1 |
| Unit Count: | 2 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Individually Metered: | Electric, Water |
| Road Responsibility: | Public Maintained Road |
| Association 2 Yn: | 0 |
| Attribution Contact: | 888-883-8509 |
| Originating System Name : | Stellar MLS |
| Audio Surveillance Notice Yn: | Yes |
| Dock Yn: | No |
| Green Energy Generation Yn: | No |
| Number Of Separate Electric Meters: | 2 |
| Number Of Separate Water Meters: | 2 |
| Listing Contract Date: | 2026-10-10 |
| Pool Private?: | Yes |
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Property Last Updated: October 11, 2026 02:02 AM - ET
