Well-Maintained 8-Plex Investment
For Sale
$789,999
1429 SW 48th Ter 3-7, Cape Coral, FL 33914
Fully occupied 8-plex in SW Cape Coral with pool.
Property SizeContact for details
Days on Market103
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
(239) 314-8292
Listed By:
Jackson Hyndman · License #258034643
(239) 314-8292
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 3 at 12:02PM
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
Current Use
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?
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.**
