CAPE CORAL FL | 3 BED 3 BATH BLOCK | $120K PLUS SPREAD

ARV: $350,000+ GROSS SPREAD: $120,000+

PROPERTY TYPE: Single Family | Block Construction

BEDS / BATHS / GARAGE: 3BD / 3BA / 2-CAR GARAGE

LIVING AREA: 1,619 SQ FT (PER TAX RECORDS)

LOT SIZE: 10,018 SQ FT

YEAR BUILT: 1981

FLOOD ZONE: AE / X

OCCUPANCY: VACANT

COE: ON OR BEFORE NOVEMBER 10, 2026

EMD: $10,000 NON-REFUNDABLE

TITLE: ALBATROSS TITLE (FLORIDA) ACCESS: BY APPOINTMENT ONLY

THE DEAL

Block construction 3BD/3BA in southeast Cape Coral - one of the most liquid SFR markets in Lee County - priced at $249,000 against an ARV of $350,000+. Comps in this zip code are closing between $340,000 and $385,000. The spread is visible and the exit is supported.

Property is VACANT and will be delivered vacant at close. No tenant coordination. No holdback. No post-possession drama. You close, you own it, you get to work.

MAJOR SYSTEMS

ROOF: 2016 HVAC: 2016 ELECTRICAL: GOOD CONDITION PLUMBING: GOOD CONDITION

A 2016 roof and 2016 HVAC in a Cape Coral flip removes two of the biggest line items from your renovation budget. Your scope is cosmetic - the bones and the systems are already there.

NOTE ON FLOOD ZONE: Property sits in a combined AE/X flood zone designation. Flood insurance will be required on any financed exit. Price your own binder and factor accordingly - this is standard for southeast Cape Coral and comps below reflect it.

SOLD COMPS - SE CAPE CORAL 33904

1216 SE 43rd Ter - 3BD/2BA | 1,611 SQFT | BLOCK | SOLD 07/15/2026 | $385,000 4424 SE 11th Pl - 3BD/2BA | 1,685 SQFT | BLOCK | SOLD 06/26/2026 | $350,000 4421 SE 13th Ave - 3BD/2BA | 1,386 SQFT | BLOCK | SOLD 04/24/2026 | $340,000

COMP RANGE: $340,000-$385,000 | AVG: $358,333 NOTE: ALL THREE COMPS ARE 3BD/2BA. SUBJECT IS 3BD/3BA - AN EXTRA FULL BATH RELATIVE TO EVERY COMP. THAT ADDITIONAL BATH IS UPSIDE, NOT ALREADY PRICED IN.

THE NUMBERS

ASKING PRICE: $249,000 LOW COMP: $340,000 MID COMP: $350,000 HIGH COMP: $385,000 GROSS SPREAD AT LOW COMP: $110,010 GROSS SPREAD AT MID COMP: $120,010+

SUBJECT HAS AN EXTRA FULL BATH OVER ALL THREE COMPS. A PROPERLY RENOVATED 3/3 IN THIS CORRIDOR SUPPORTS THE HIGH END OF THAT RANGE.

EXIT STRATEGIES

FIX AND FLIP: Primary play. Cosmetic renovation on a block home with updated roof and HVAC. Comps are clearing in under 90 days at $340K-$385K. Market is liquid.

BUY AND HOLD: Southeast Cape Coral commands strong rental demand. A renovated 3BD/3BA with garage on a 10,000+ sqft lot rents well in this market. Confirm current rent comps yourself - we are not publishing a rental figure.

WHOLESALE / DOUBLE CLOSE: The spread supports a reassignment or double close for the right buyer looking to move it quickly.

DEAL TERMS

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