10
See all 10 photos
$799,900
Est. payment /mo
3,898 Sqft Lot
Active
1429 SW 48th TER #3-7 Cape Coral, FL 33914
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2025016684
Construction Status Resale
HOA Y/N No
Year Built 1984
Annual Tax Amount $10,970
Tax Year 2024
Lot Size 3,898 Sqft
Acres 0.0895
Property Sub-Type Multi Family
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
Area Cc21 - Cape Coral Unit 3, 30, 44, 6
Rooms
Bedroom Description NaN
Interior
Furnishings Furnished
Fireplace No
Exterior
Fence Yard Fenced
Utilities Available Electricity Available, Water Available
Waterfront Description None
Present Use Multi-Family
Garage No
Building
Story 2
Construction Status Resale
Others
Senior Community No
Tax ID 15-45-23-C1-01600.0060
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2025016684
Listed by EXP Realty LLC • Jackson Hyndman
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