Cape Coral 8-Plex Investment
1429 SW 48th Terrace Cape Coral, FL 33914
1429 SW 48th Terrace, Cape Coral, FL, 33914
$789,999
For Sale
$789,999
MULTI_FAMILY - Cape Coral, FL
Lot Size0.09 Acres
Days on Market228
Property Features for 1429 SW 48th Terrace
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Fencing
- Fenced
- 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
Building Details
- Year built
- 1984
- Floors in Building
- 2
Listing Agency
EXP Realty LLC
(888) 883-8509
10752 Deerwood Park Blvd #100, Clearwater, FL
Listed by
Jackson Hyndman · License #258034643
(239) 314-8292
Added: Dec 1, 2025 Checked: Jul 17 at 10:06 am
MLS# 2025016684
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained 8-plex is an exceptional investment opportunity, currently fully occupied and professionally managed in southwest Cape Coral. The property features eight units within a single building, with the seller owning five of them. The layout is thoughtfully designed around a private central courtyard, complete with a charming and functional solar heated pool. The courtyard includes picnic tables and a privately fenced yard. Each of the five spacious units boasts 2 bedrooms and 2 bathrooms, with in-unit laundry. The units feature either tile flooring throughout or luxury vinyl, ensuring durability and ease of maintenance. Screened lanais extend the living space outdoors. Recent capital improvements have been made, and each unit has been updated, showcasing the added value potential for future renovations. The building has been freshly painted. Approved flood barriers are in process and new updated landscaping will be going in as well. Situated less than a mile from Cape Harbour Marina, the property is close to restaurants, shopping, and boating. The lot size is 0.0895 acres.
Key Highlights
- Fully occupied 8‑Plex in SW Cape Coral (Gold Coast West) offering immediate income.
- Five spacious 2‑bedroom, 2‑bathroom units included, each with in‑unit laundry and screened lanai.
- Enjoy the private central courtyard with solar‑heated pool, picnic tables, and fenced yard.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
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FAQs
What type of property is this?
Apartment building - Well-maintained, fully occupied 8-plex near Cape Harbour Marina.
Where is this apartment building 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: Fully occupied 8‑Plex in SW Cape Coral (Gold Coast West) offering immediate income.; Five spacious 2‑bedroom, 2‑bathroom units included, each with in‑unit laundry and screened lanai.; Enjoy the private central courtyard with solar‑heated pool, picnic tables, and fenced yard.
