Cape Coral, FL 33914,1429 SW 48th TER #3-7
Cape Coral, FL 33914,1429 SW 48th TER #3-7
Cape Coral, FL 33914,1429 SW 48th TER #3-7
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$799,900
Est. payment /mo
3,898 Sqft Lot
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2025016684

Style Resale Property

HOA Y/N No

Year Built 1984

Annual Tax Amount $10,970

Tax Year 2024

Lot Size 3,898 Sqft

Acres 0.0895

Source Florida Gulf Coast

Property Description

I am thrilled to share an exceptional investment opportunity with you—a well maintained 8-Plex that is currently fully occupied SW Cape. (Gold Coast West-Professionally Managed – No age restrictions) This property is a true gem, offering both stability and considerable upside potential and low HOA fees. Situated in a single building, the 8-Plex includes eight units, with the seller owning five out of the eight. The layout has been thoughtfully designed around a private central courtyard, complete with a charming and functional solar heated pool. Imagine walking through the breezeway to find your own private oasis, featuring picnic tables and a privately fenced yard, perfect for gatherings or quiet enjoyment. Each of the five spacious units within the property each boasts 2 bedrooms and 2 bathrooms, providing ample space for tenants. The convenience of in-unit laundry adds an extra layer of appeal. The units feature either tile flooring throughout or luxury vinyl, ensuring durability and ease of maintenance. Additionally, screened lanais extend the living space outdoors, creating a delightful and versatile environment for tenants. Recent capital improvements have been made, ensuring peace of mind for any potential investor. Each unit has been updated, showcasing the added value potential for future renovations. Building is in the works of being painted. Less than a mile from Cape Harbour Marina, with great restaurants, shopping and boating. This property offers a rare opportunity in today's market, blending turnkey income, long-term appreciation, and prime rental appeal. Properties like this seldom hit the market, so don't hesitate—seize this ideal investment opportunity today!

Location

State FL

County Lee

Interior

Cooling true

Inclusions Building And Land

Fireplace No

Exterior

Utilities Available Electricity Connected, Water Connected

Waterfront Description None

Total Parking Spaces 12

Garage No

Building

Story 2

Level or Stories 2

New Construction No

Others

Senior Community No

Tax ID 15-45-23-C1-01600.0060


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SouthWest Florida Naples MLS (NABOR)
Listed by EXP Realty LLC • Jackson Hyndman

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Terri McAuley

Terri McAuley

+1(239) 331-9269

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