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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
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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David Albanese

David Albanese

+1(805) 947-6370
$ 799,999
Est. payment | /mo

6 Beds

10 Baths

980 SqFt

Save
$ 799,999
Est. payment | /mo
Save

6 Beds

10 Baths

980 SqFt

Key Details

Property Type Condo

Sub Type Low Rise (1-3)

Listing Status Active

Purchase Type For Sale

Square Footage 980 sqft

Price per Sqft $816

Subdivision Cape Coral

MLS Listing ID 2025023659

Style See Remarks

Bedrooms 6

Full Baths 10

HOA Y/N Yes

Annual Recurring Fee 5880.0

Min Days of Lease 120

Leases Per Year 3

Year Built 1984

Annual Tax Amount $10,970

Tax Year 2024

Lot Size 3,898 Sqft

Acres 0.0895

Property Sub-Type Low Rise (1-3)

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

Area Cc21 - Cape Coral Unit 3, 30, 44, 6

Direction Cape Coral Parkway go south on Chiquita, turn left 1st street which is SW 48th Street. Condo on the left.

Rooms

Dining Room Breakfast Bar, Dining - Living

Interior

Interior Features Family Room, Guest Bath, Guest Room

Heating Central Electric

Cooling Central Electric

Flooring Laminate

Window Features Double Hung

Appliance Electric Cooktop, Dishwasher, Disposal, Microwave, Refrigerator

Laundry Washer/Dryer Hookup, Inside

Exterior

Exterior Feature Grill - Other, Courtyard, Privacy Wall

Fence Fenced

Pool In Ground, Concrete, Solar Heat

Community Features Pool, Non-Gated

Utilities Available Cable Available

Waterfront Description None

View Y/N Yes

View Landscaped Area

Roof Type Shingle

Street Surface Paved

Porch Screened Lanai/Porch, Patio

Garage No

Private Pool Yes

Building

Lot Description Regular

Faces Cape Coral Parkway go south on Chiquita, turn left 1st street which is SW 48th Street. Condo on the left.

Sewer Assessment Paid

Water Assessment Paid

Architectural Style See Remarks

Structure Type Concrete Block,Stucco

New Construction No

Schools

Elementary Schools Oasis

Middle Schools Oasis

High Schools Oasis

Others

HOA Fee Include Trash

Senior Community No

Tax ID 15-45-23-C1-01600.0030

Ownership Condo

Security Features Smoke Detector(s),Smoke Detectors

Acceptable Financing Buyer Finance/Cash, VA Loan

Listing Terms Buyer Finance/Cash, VA Loan

Pets Allowed With Approval

Listed by EXP Realty LLC • Jackson Hyndman
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1429 SW 48th TER #3-7

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