$799,900

1429 SW 48th Ter Apt 7, Cape Coral, FL 33914

Commercial Property
Built in 1984
3,899sqft lot
—— car garage
$——/sqft
Listed 1 day ago

Property Description

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 today's market, blending turnkey income, long-term appreciation, and prime rental appeal. Properties like this seldom hit the market, so don't hesitate—seize this ideal investment opportunity today!

Listing Status:: Active
Date Added:: December 1, 2025 at 06:00AM
Listing Office:: EXP Realty LLC : (888) 883-8509
MLS ID:: 2025016684

A/C: None
Heating: None

Parking: Parking spaces: 12

General: 2

Originating MLS: Florida Gulf Coast
County: Lee

Zoning: 15-45-23-C1-01600.0060

Utilities: Electricity ConnectedWater ConnectedElectricity on Property

Source: Florida Gulf Coast

This listing courtesy of EXP Realty LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Gulf Elementary School

3400 SW 17th Pl, Cape Coral, FL, 33914

Grades KG-5

1.99 miles away

Gulf Middle School

1809 SW 36th Ter, Cape Coral, FL, 33914

Grades 6-8

1.77 miles away

Ida S. Baker High School

3500 Agualinda Blvd, Cape Coral, FL, 33914

Grades 9-12

1.94 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.