8-Unit Apartment Building with
For Sale
$789,999
1429 SW 48th Terrace, Cape Coral, FL 33914
MULTI_FAMILY - Cape Coral, FL
Property SizeContact for details
Lot Size0.09 Acres
Days on Market246
Property Features for 1429 SW 48th Terrace
General Information
Property type
Residential Multi Family
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: Jul 27
Last Checked: Aug 4 at 10:06AM
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-unit apartment building features a single-building layout organized around a private central courtyard. Common outdoor space includes a solar-heated pool and a courtyard with picnic tables, and the property also provides a privately fenced yard. The units are configured with in-unit laundry and screened lanais that extend living space outdoors. Interior finishes include tile flooring and luxury vinyl across the units, and all four entrances have approved flood barriers. The building has been freshly painted, and landscaping updates are planned.
The property is offered for sale in Cape Coral, Florida, at 1429 SW 48th Terrace in Lee County. It is located less than a mile from Cape Harbour Marina.
Five of the eight units are owned by the seller. Each of those five units is described as having two bedrooms and two bathrooms.
The property is offered for sale in Cape Coral, Florida, at 1429 SW 48th Terrace in Lee County. It is located less than a mile from Cape Harbour Marina.
Five of the eight units are owned by the seller. Each of those five units is described as having two bedrooms and two bathrooms.
Key Highlights
- 8‑plex built in 1984 in a single building; currently fully occupied
- Eight units total, with each unit featuring 2 bedrooms and 2 bathrooms
- Solar‑heated pool within a private central courtyard, plus fenced yard and picnic‑table area
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
310
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?
Apartment building - Well-maintained 8-plex with eight units arranged around a private central courtyard.
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: 8‑plex built in 1984 in a single building; currently fully occupied; Eight units total, with each unit featuring 2 bedrooms and 2 bathrooms; Solar‑heated pool within a private central courtyard, plus fenced yard and picnic‑table area
