Eight-Unit Multifamily
For Sale
$789,999
1429 SW 48th Terrace, Cape Coral, FL 33914
CommercialSale, Cape Coral, FL
Property SizeContact for details
Lot Size0.09 Acres
Days on Market273
Property Features for 1429 SW 48th Terrace
General Information
Property type
Commercial Sale
Property subtype
Other
Fencing
Fenced
Directions
Cape Coral Parkway go south on Chiquita, turn left 1st street which is SW 48th Street. Condo on the left.
Subdivision
CC21 - Cape Coral Unit 3, 30, 44, 6
Standard status
Active
APN
15-45-23-C1-01600.0060
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Gold Coast West Condo
Tax Annual Amount
10970
Legal Description
Gold Coast West Condo
Amenities
private central courtyard
solar heated pool
picnic tables
privately fenced yard
in-unit laundry
screened lanais
Building Details
Year built
1984
Floors in Building
2
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Jackson Hyndman · License #258034643
(239) 314-8292
Added: Dec 1, 2025
Changed: Aug 20
Last Checked: Aug 31 at 1:06PM
MLS# 2025016684
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Investment Insights
Based on property information with market context.
This 8-unit multifamily building, constructed in 1984, is fully occupied and organized around a private central courtyard. The seller owns five of the eight units. Each seller-owned unit offers 2 bedrooms, 2 bathrooms, in-unit laundry, and a screened lanai, with tile or luxury vinyl flooring. Courtyard amenities include a solar-heated pool, picnic tables, a breezeway, and a privately fenced yard.
Recent improvements include updated units, fresh exterior paint, approved flood barriers at all 4 entrances, and updated landscaping planned for the property. The building is professionally managed and has no age restrictions. Located in Cape Coral’s Southwest area, the property is less than a mile from Cape Harbour Marina, restaurants, shopping, and boating.
Recent improvements include updated units, fresh exterior paint, approved flood barriers at all 4 entrances, and updated landscaping planned for the property. The building is professionally managed and has no age restrictions. Located in Cape Coral’s Southwest area, the property is less than a mile from Cape Harbour Marina, restaurants, shopping, and boating.
Key Highlights
- 8‑unit multifamily building; seller owns five of the eight units
- Fully occupied property in Southwest Cape Coral
- Each seller‑owned unit has 2 bedrooms, 2 bathrooms, in‑unit laundry, and a screened lanai
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
640
Businesses Nearby
Explore this area
Business Placement
Demographics for 33914, FL
42,222
Population
22,936
Households
1.8
Avg Household Size
52
Median Age
28%
College-Educated
95%
High-School Grad
22.4 sq mi
ZIP Area
1,885
Density / Sq Mi
$75,557
Median Household Income
$41,672
Median Earnings
$1,714
Median Rent
$408,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Fully occupied property with a central courtyard, screened lanais, and in-unit laundry.
Where is this multifamily property located?
The property is located at 1429 SW 48th Terrace Cape Coral, FL.
What is the asking price?
The asking price for this property is $789,999.
What are key features of this property?
This property features: 8‑unit multifamily building; seller owns five of the eight units; Fully occupied property in Southwest Cape Coral; Each seller‑owned unit has 2 bedrooms, 2 bathrooms, in‑unit laundry, and a screened lanai
