1500 Pne Is Rd Cape Coral, FL 33909-2136
- Retail space
- 8,950 SF
- 1.11 lot acres
Current Use by Public Records
- Once Upon A Child Cape Coral / Children'S Clothing Store / Clothing Store
- Gas station / Gas Station
Property Details for 1500 Pne Is Rd
- Year built
- 1988
- Construction
- STEEL FRAME
- Lot size
- 1.11 lot acres
- Property size
- 8,950 SF
- Zone code
- CORR
- Property type
- Retail space
- APN
- 07-44-24-C2-03571.A000
- APU
- 074424C203571A000
Description
This exceptional investment opportunity presents a brand-new, 44-unit single-family rental home portfolio situated in a rapidly expanding southwest Florida location. The property is strategically positioned within Cape Coral, Lee County, Florida, at 1500 Pine Island Rd, zip code 33991 (latitude 26.6375502, longitude -82.0064842). This portfolio offers significant potential for long-term growth and stability, supported by a long-term warranty. The high demand for rental properties in this area is further bolstered by the influx of over 1,200 new residents relocating to Florida daily. The ease of management inherent in this portfolio makes it an attractive option for investors seeking a streamlined approach to real estate investment. The portfolio's multifamily nature, specifically as a single-family rental portfolio, provides a diversified income stream. This turnkey investment is ideally suited for those seeking a strong return on investment in a thriving market. The property's location in Cape Coral offers convenient access to various amenities and attractions, enhancing its appeal to tenants. This presents a rare chance to acquire a substantial, well-maintained rental portfolio in a prime location with exceptional growth prospects. The portfolio's new construction status minimizes immediate maintenance concerns, allowing for a focus on maximizing rental income and long-term appreciation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cape Coral
- County
- Lee
- State
- Florida
- Longitude
- -81.9433
- Latitude
- 26.666
- CBSA code
- 15980
- CBSA name
- CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA