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I am thrilled to share an exceptional investment opportunity with you—a well maintained 8-Plex that is currently fully occupied SW Cape. (Gold Coast West-Professionally Managed – No age restrictions) This property is a true gem, offering both stability and considerable upside potential and low HOA fees. Situated in a single building, the 8-Plex includes eight units, with the seller owning five out of the eight. The layout has been thoughtfully designed around a private central courtyard, complete with a charming and functional solar heated pool. Imagine walking through the breezeway to find your own private oasis, featuring picnic tables and a privately fenced yard, perfect for gatherings or quiet enjoyment. Each of the five spacious units within the property each boasts 2 bedrooms and 2 bathrooms, providing ample space for tenants. The convenience of in-unit laundry adds an extra layer of appeal. The units feature either tile flooring throughout or luxury vinyl, ensuring durability and ease of maintenance. Additionally, screened lanais extend the living space outdoors, creating a delightful and versatile environment for tenants. Recent capital improvements have been made, ensuring peace of mind for any potential investor. Each unit has been updated, showcasing the added value potential for future renovations. Building is in the works of being painted. Less than a mile from Cape Harbour Marina, with great restaurants, shopping and boating. This property offers a rare opportunity in todays market, blending turnkey income, long-term appreciation, and prime rental appeal. Properties like this seldom hit the market, so dont hesitate—seize this ideal investment opportunity today!
Property Details
Price: $799,999
Sq Ft: 980
($816 per sqft)
Bedrooms: 6
Bathrooms: 10
Unit On Floor: 1
City: Cape Coral
County: Lee
Type: Condo
Development: Cape Coral
Acres: 0.09
Virtual Tour/Floorplan:
View
Year Built: 1984
Listing Number: 2025023659
Status Code: A-Active
Taxes: $10,970.00
Tax Year: 2024
Garage:
Furnishings: Unfurnished
Pets Allowed: Call,Conditional
Interior Features:
Breakfast Bar
Bedroom On Main Level
Living Dining Room
Shower Only
Separate Shower
Amenities:
Other
Pool
Management
Financial Information:
Taxes: $10,970.00
Tax Year: 2024
HOA Fee 1: $490.00
HOA Frequency 1: Monthly
Exterior Features:
Courtyard
Fence
None
Outdoor Grill
Patio
Privacy Wall
Equipment:
Dishwasher
Electric Cooktop
Disposal
Indoor Grill
Microwave
Refrigerator
School Information:
Elementary School: Oasis
Middle School: Oasis
Junior High: Oasis
High School: Oasis
Additional Information:
Building Description: Courtyard, See Remarks, Low Rise
Building Design: Low Rise (1-3 Floors)
MLS Area: Cc21 - Cape Coral Unit 3, 30, 44, 6
Total Square Footage: 4,900
Total Floors: 2
Water: Assessment Paid
Construction: Block, Concrete, Stucco
Date Listed: 2025-12-07 16:31:13
Pool: Y
Pool Description: Concrete, Heated, In Ground, Solar Heat, Community
Furnished: Unfurnished
Windows: Double Hung
Parking: Assigned, Common, Paved, One Space
Garage Spaces: 0
Flooring: Laminate
Roof: Shingle
Heating: Central, Electric
Cooling: Central Air, Electric
Security: Smoke Detectors
Laundry: Washer Hookup, Dryer Hooku
Irrigation: Included In Assessment
Pets: Call, Conditional
Sewer: Assessment Paid
Lot Desc.: Rectangular Lot
Amenities: Other, Pool, Management
Map of 1429 Sw 48Th Ter 3-7, Cape Coral, FL 33914
Listing Courtesy Of: Exp Realty Llc
jacksonhyndman@yahoo.com