Cape Coral, FL 33914 1429 SW 48th Terrace 3-7
$789,999



8 more








Presented By: EXP Realty LLC
Home Details
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.ping Approved flood barriers are in process 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!
Presented By: EXP Realty LLC
Interior Features for 1429 SW 48th Terrace 3-7
Other Interior Features
Air Conditioning Y/NYes
Heating Y/NYes
Total Stories2
General for 1429 SW 48th Terrace 3-7
CityCape Coral
CountyLee
Current UseMulti-Family
DirectionsCape Coral Parkway go south on Chiquita, turn left 1st street which is SW 48th Street. Condo on the left.
HOA Fee$
HOA Fee 2
HOA Fee 3
Land Lease Amount
Lease Amount FrequencyMonthly
Lease Considered Y/NNo
Leasehold Rent $/Mo1100
Legal DescriptionGold Coast West Condo
Lot Size UnitsAcres
MLS AreaCC21 - Cape Coral Unit 3, 30, 44, 6
PostalCityCape Coral
Property ConditionResale
Property SubtypeMulti Family
Property TypeCommercial Sale
Standard StatusActive
StatusActive
Tax Annual Amount10970
Tax Year2024
Unit Number3-7
UtilitiesElectricity Available, Water Available
Virtual TourClick here
Waterfront FeaturesNone
Year Built1984
Exterior for 1429 SW 48th Terrace 3-7
Covered Spaces
FencingYard Fenced
Lot Size Acres0.0895
Lot Size Area0.0895
Lot Size SourceAppraiser
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Danielle Soper
Realtor®
