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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
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$799,999
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6 Beds
10 Baths
980 SqFt
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1429 SW 48th TER #3-7 Cape Coral, FL 33914

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Meagan Pierce

Meagan Pierce

+1(816) 682-4059

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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 Resale Property

Bedrooms 6

Full Baths 10

HOA Fees $5,880

HOA Y/N Yes

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

Land Area 4900

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

Community Non-Gated

Area Cape Coral

Rooms

Bedroom Description First Floor Bedroom

Dining Room Breakfast Bar, Dining - Living

Interior

Interior Features Smoke Detectors

Heating Central Electric

Flooring Laminate

Equipment Cooktop - Electric, Dishwasher, Disposal, Grill - Other, Microwave, Refrigerator, Smoke Detector, Solar Panels, Washer/Dryer Hookup

Furnishings Unfurnished

Fireplace No

Appliance Electric Cooktop, Dishwasher, Disposal, Grill - Other, Microwave, Refrigerator

Heat Source Central Electric

Exterior

Exterior Feature Screened Lanai/Porch, Courtyard

Parking Features 1 Assigned, Common, Paved

Fence Fenced

Pool Community, Below Ground, Concrete, Solar Heat

Community Features Pool

Amenities Available Pool

Waterfront Description None

View Y/N Yes

View Landscaped Area

Roof Type Shingle

Street Surface Paved

Porch Patio

Garage No

Private Pool Yes

Building

Lot Description Regular

Story 2

Water Assessment Paid

Architectural Style Low Rise (1-3)

Level or Stories 2

Structure Type Concrete Block,Stucco

New Construction No

Schools

Elementary Schools Oasis

Middle Schools Oasis

High Schools Oasis

Others

Pets Allowed With Approval

Senior Community No

Tax ID 15-45-23-C1-01600.0030

Ownership Condo

Security Features Smoke Detector(s)

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

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Meagan Pierce

Meagan Pierce

RENTAL MANAGER, REALTOR® | BB3553799

+1(816) 682-4059

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1429 SW 48th TER #3-7

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