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Courtyard Apartment Building
For Sale
$789,999

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

Five seller-owned two-bedroom units offer in-unit laundry, screened lanais, and durable tile or luxury vinyl flooring.

Property SizeContact for details
Days on Market284

Property Features for 1429 Sw 48th Ter Unit 3-7

General Information

Standard status Active
Property subtype Commercial
Occupancy 100%

Units

Unit Mix 5 x 2BR/2BA
Multifamily Units 5

Amenities

solar heated pool
private central courtyard
picnic tables
privately fenced yard
in-unit laundry
screened lanais

Building Details

Year Built 1984
Buildings 1
Listing Agency: EXP Realty LLC
Listed By: Jackson Hyndman · License #258034643
Source: Naplespropertyguide
Added: Nov 18, 2025 Changed: Aug 28 Last Checked: Aug 29 at 10:28AM

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.

Built in 1984, this single-building apartment property contains eight units, with the seller owning five. The seller-owned residences offer two bedrooms and two bathrooms, along with in-unit laundry, screened lanais, and either tile or luxury vinyl flooring. The layout centers on a private courtyard with a solar-heated pool, breezeway, picnic tables, and a fenced yard. The property is currently fully occupied, and professional management is in place. Recent work includes unit updates, exterior painting, and approved flood barriers at all four entrances. There are no age restrictions.

The property is located in southwest Cape Coral, less than one mile from Cape Harbour Marina. The surrounding marina area includes restaurants, shopping, and boating access, providing a nearby amenity base for residents. The combination of multiple units, shared outdoor improvements, and recent capital work defines the property’s current configuration.

Key Highlights

  • Eight‑unit apartment building with seller ownership of five units
  • Five seller‑owned units include 2 bedrooms and 2 bathrooms
  • Private courtyard with solar‑heated pool, picnic tables, breezeway, and fenced yard

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Daycare Center Auto Parts Store Barber Shop Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

640
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five seller-owned two-bedroom units offer in-unit laundry, screened lanais, and durable tile or luxury vinyl flooring.
Where is this apartment building located?
The property is located at 1429 Sw 48th Ter Unit 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: Eight‑unit apartment building with seller ownership of five units; Five seller‑owned units include 2 bedrooms and 2 bathrooms; Private courtyard with solar‑heated pool, picnic tables, breezeway, and fenced yard
More about this property
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