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Lyndsey Creech

lyndsey@domainrealtygroup.com +1(239) 898-0872

$ 789,999

Est. payment -/mo

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1429 SW 48th TER #3-7 Cape Coral, FL 33914

3,898 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family: 5+ Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2025016684

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: 5+ Units

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 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!

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.

Interior

Inclusions Building And Land

Exterior

Fence Fenced

Utilities Available Electricity Available, Water Available

Waterfront Description None

Present Use Investment

Private Pool No

Building

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

New Construction No

Others

Tax ID 15-45-23-C1-01600.0060

Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2025016684

Listed by EXP Realty LLC • Jackson Hyndman

Lyndsey Creech

Agent

+1(239) 898-0872

Lyndsey Creech

1429 SW 48th TER #3-7 Cape Coral, FL 33914

Key Details

Location

Interior

Exterior

Building

Others

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1429 SW 48th TER #3-7