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1429 48th Ter 3-7, CAPE CORAL, FL 33914
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  • MLS#: 2025023659 ( Residential )
  • Street Address: 1429 48th Ter 3-7
  • Viewed: 2
  • Price: $789,999
  • Price sqft: $161
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1984
  • Bldg sqft: 4900
  • Bedrooms: 6
  • Total Baths: 10
  • Full Baths: 10
  • Additional Information
  • Geolocation: 26.562 / -82.0037
  • County: LEE
  • City: CAPE CORAL
  • Zipcode: 33914
  • Subdivision: Cape Coral
  • Elementary School: OASIS
  • Middle School: OASIS
  • High School: OASIS
  • DMCA Notice
  • Description
    I am thrilled to share an exceptional investment opportunity with youa 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 also has been freshly painted. 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 hesitateseize this ideal investment opportunity today!
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Features
Waterfront Description
  1. None
Appliances
  1. Electric Cooktop
  2. Dishwasher
  3. Disposal
  4. Grill - Other
  5. Microwave
  6. Refrigerator
Association Amenities
  1. Pool
Home Owners Association Fee
  1. 4956
Baths Full
  1. 10
Baths Total
  1. 10
Close Date
  1. 0000-00-00
Cooling
  1. Central Electric
Exterior Features
  1. Screened Lanai/Porch
  2. Courtyard
Fencing
  1. Fenced
Flooring
  1. Laminate
Furnished
  1. Unfurnished
Heating
  1. Central Electric
High School
  1. OASIS
Interior Features
  1. Smoke Detectors
Living Area
  1. 980
Lot Features
  1. Regular
Middle School
  1. OASIS
Area Major
  1. CAPE CORAL
Parcel Number
  1. 15-45-23-C1-01600.0030
Parking Features
  1. 1 Assigned
  2. Common
  3. Paved
Pets Allowed
  1. With Approval
Pool Features
  1. Community
  2. Below Ground
  3. Concrete
  4. Solar Heat
Property Type
  1. Residential
Roof
  1. Shingle
School Elementary
  1. OASIS
Style
  1. Low Rise (1-3)
Tax Year
  1. 2024
Unit Number
  1. 3-7
View
  1. Landscaped Area
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/fgcmls/2025023659
Water Source
  1. Assessment Paid
Year Built
  1. 1984
  1. Tropic Shores Realty
  2. http://homebloks.com - Blockchaiun technology for Real estate professionals.
  3. 352.684.7371
  4. tropicshoresrealty@gmail.com