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Well-Maintained 8-Plex Investment Opportunity

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

1429 SW 48th Ter 3-7, Cape Coral, FL, 33914
$789,999
For Sale
$789,999

Fully occupied 8-plex in SW Cape Coral with pool.

Days on Market85

Property Features for 1429 SW 48th Ter 3-7

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1984
Listing Agency EXP Realty LLC
Listed by Jackson Hyndman · License #258034643
Source Elliman
Added: Apr 24 Checked: Jul 17 at 3:49 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty LLC


Investment Insights

Based on property information with market context.

This well-maintained 8-plex is an investment opportunity located in Southwest Cape Coral. The property is currently fully occupied and professionally managed with no age restrictions. Situated in a single building, the 8-plex includes eight units, with the seller owning five of them. The layout is designed around a private central courtyard, which includes a solar heated pool. The courtyard also features picnic tables and a privately fenced yard. Each of the five units includes 2 bedrooms and 2 bathrooms, with in-unit laundry. The units feature either tile flooring throughout or luxury vinyl. Screened lanais extend the living space outdoors. Recent capital improvements have been made, and each unit has been updated. The building has been freshly painted. Approved flood barriers are in process and new updated landscaping will be going in as well. The property is less than a mile from Cape Harbour Marina, with restaurants, shopping and boating. This property offers turnkey income, long-term appreciation, and rental appeal.

Key Highlights

  • Fully occupied 8‑Plex in SW Cape Coral (Gold Coast West) offering immediate income.
  • Five out of eight units are owned by the seller, providing significant control and potential for increased revenue.
  • Private central courtyard with solar heated pool, picnic tables, and fenced yard creates a desirable amenity for tenants.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Parking Lot & Garage Daycare Center Auto Parts Store Barber Shop Grocery & Convenience Store Gym & Fitness Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Fully occupied 8-plex in SW Cape Coral with pool.
Where is this apartment building located?
The property is located at 1429 SW 48th Ter 3-7 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 out of eight units are owned by the seller, providing significant control and potential for increased revenue.; **Private central courtyard with solar heated pool, picnic tables, and fenced yard creates a desirable amenity for tenants.**
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