Property View

1429 SW 48th TER 3-7

CAPE CORAL FL, 33914

$789,999.00

N/A per sqft

Active

0 Beds

0 Baths

N/A sqft

Commercial Sale

Built in 1984

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 has been freshly painted as well. Approved flood barriers have also been installed at all 4 entrances and new updated landscaping will be going in as well! 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!

2025016684

MLS ID

2025-12-01

LISTED

N/A

UPDATED

Map

1429 SW 48th TER 3-7

Interior Features

Total Stories

2

Bedrooms

0 Beds

Bathrooms

0 Baths

Interior Features

--

Appliances

Floor Description

--

Fireplace

Yes

Cooling

No

Cooling Description

No

Heating

No

Heating Description

No

Exterior/Building Features

Architectual Style

No

Roof

No

Other Property Details

Area Name

Inland

Taxes

$10970

Tax Frequency

Annually

Association Amenities

Garage

No

Garage Spaces

0

Parking

No

View

no

View Description

No

Country

Lee

Pool

No

EXP Realty LLC

Jackson Hyndman

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List Office Name: EXP Realty LLC

List Office Phone: (888) 883-8509