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About this home
2247 SW 4th St is a 1988-built home in Cape Coral, Cape Coral. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,228 square feet of living space. Listed at $169,299 (about $138/sqft), 289 days on market. Flood zone X500 - outside the FEMA high-risk areas, which keeps insurance manageable.
Short Sale. *Short Sale Approved* Calling all investors, house flippers, and those ready to roll up their sleeves! This 3-bedroom, 2-bathroom home offers tremendous renovation potential for the savvy buyer looking to build sweat equity. Spanning 1,228 square feet, this property presents a blank canvas for the true visionary. Although this diamond in the rough requires significant work, several recent updates add value to your investment. The roof was replaced just three years ago, and the water heater was installed in 2020, giving you peace of mind on two major home systems. The kitchen features a glass stove built into the island, providing a foundation for future culinary space. A rear porch extends your living area and offers possibilities for relaxation or entertaining once restored. The AC system needs repair, potentially including the compressor. You'll find major drywall issues throughout, and the garage door may need repair or replacement. Buyers should prepare for a possible full gut renovation. With no HOA restrictions, you'll have the freedom to execute your rehab plans without additional oversight or fees. Whether you're a seasoned rehabber seeking your next fix and flip project or an investor building your portfolio, this Cape Coral property delivers the potential returns that make property rehab worthwhile. Don't let this opportunity pass by. Schedule your showing today and discover the possibilities that await the right buyer with vision and determination. NO ASSSIGNABLE CONTRACTS!
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$169,299
$138 per sq ft
Beds and baths
3 beds, 2 baths
Size
1,228 sq ft
Time on market
289 days
Year built
1988
Monthly payment
About $1,402/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,216 annual tax bill, insurance.
Flood zone
Zone X500
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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