1429 Sw 48th Ter 3-7

Cape Coral, FL 33914

$799,999

$816 per ft²
$799,999
$816 per ft²
Active
Active
 - For Sale
beds
6 Beds
baths
10 Baths
carpenters-square
980 ft²
property_type
Low Rise (1-3)
calendar
Built 1984
I am thrilled to share an exceptional investment opportunity with youa 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 hesitateseize this ideal investment opportunity today!

MLS# 2025023659

Interior Features

Appliances:   Electric Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
Cooling:   Central Electric
Heating:   Central Electric
Flooring:   Laminate
Furnished?:   Unfurnished
Misc Interior:   Family Room, Guest Bath, Guest Room

Exterior/Building Features

Acres:   0.0895
Building Name:   CAPE CORAL
Community Features:   Pool, Non-Gated
Construction Materials:   Concrete Block, Stucco
Garage Spaces:   0
Levels:  
Parking Features:   1 Assigned, Common, Paved
Security Features:   Smoke Detector(s), Smoke Detectors
Other Exterior:   Grill - Other, Courtyard, Privacy Wall

School Information

High School:   OASIS
Middle School:   OASIS
Elementary School:   OASIS

Other Property Details

Pets Allowed:   With Approval
Owner Pays:  
Other Exterior:   Grill - Other, Courtyard, Privacy Wall
Num Units In Community:   8

 

The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of the Bonita Springs-Estero Association of REALTORS®, Florida Gulf Coast Multiple Listing Service, Inc., and the M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this one are marked with the BR Icon and detailed information about them includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties available through the BR Program. The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations. Copyright 2024 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

Data last updated

REALTY EZ
Southwest Florida
Real Estate

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