1429 48Th Ter Sw #3-7, Cape Coral, FL 33914
For Sale $789,999
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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 also has been freshly painted. Approved flood barriers are in process and new updated landscaping will be going in as well! 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!
Smoke Detectors
Pool
Taxes: $10,970.00
Tax Year: 2024
Master Association Fees: $490.00
Association Fee: $5,880.00
Association Description: Mandatory
Screened Lanai/ Porch
Courtyard
Electric Cooktop
Dishwasher
Disposal
Grill - Other
Microwave
Refrigerator
Y
Elementary School: Oasis
Middle School: Oasis
Junior High: Oasis
High School: Oasis
Building Description: Low Rise (1-3)
Building Design: Low Rise (1-3 Floors)
Community Type: Non- Gated
MLS Area: Cape Coral
Total Square Footage: 4,900
Total Floors: 2
Water: Assessment Paid
Construction: Concrete Block, Stucco
Date Listed: 2025-12-07 00:00:00
Pool: Y
Pool Description: Community, Below Ground, Concrete, Solar Heat
Furnished: Unfurnished
Parking: 1 Assigned, Common, Paved
Flooring: Laminate
Roof: Shingle
Heating: Central Electric
Cooling: Central Electric
Storm Protection: None
Security: Smoke Detector(S)
Laundry: Washer/ Dryer Hookup, Laundry In Residence
Irrigation: Assessment Paid
Pets: With Approval
Restrictions: No Commercial, No R V
Maintenance: Trash Removal
Lot Desc.: Regular
Amenities: Pool
Listing Courtesy Of: Exp Realty Llc
jacksonhyndman@yahoo.com
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 also has been freshly painted. Approved flood barriers are in process and new updated landscaping will be going in as well! 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!
Property Details
Price: $789,999
Sq Ft: 980
($806 per
sqft)
Bedrooms: 6
Bathrooms: 10
City: Cape Coral
County: Lee
Type: Condo
Development: Cape Coral
Acres: 0.0895
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: With Approval
Interior Features:
Smoke Detectors
Amenities:
Pool
Financial Information:
Taxes: $10,970.00
Tax Year: 2024
Master Association Fees: $490.00
Association Fee: $5,880.00
Association Description: Mandatory
Exterior Features:
Screened Lanai/ Porch
Courtyard
Equipment:
Electric Cooktop
Dishwasher
Disposal
Grill - Other
Microwave
Refrigerator
View:
Y
School Information:
Elementary School: Oasis
Middle School: Oasis
Junior High: Oasis
High School: Oasis
Additional Information:
Building Description: Low Rise (1-3)
Building Design: Low Rise (1-3 Floors)
Community Type: Non- Gated
MLS Area: Cape Coral
Total Square Footage: 4,900
Total Floors: 2
Water: Assessment Paid
Construction: Concrete Block, Stucco
Date Listed: 2025-12-07 00:00:00
Pool: Y
Pool Description: Community, Below Ground, Concrete, Solar Heat
Furnished: Unfurnished
Parking: 1 Assigned, Common, Paved
Flooring: Laminate
Roof: Shingle
Heating: Central Electric
Cooling: Central Electric
Storm Protection: None
Security: Smoke Detector(S)
Laundry: Washer/ Dryer Hookup, Laundry In Residence
Irrigation: Assessment Paid
Pets: With Approval
Restrictions: No Commercial, No R V
Maintenance: Trash Removal
Lot Desc.: Regular
Amenities: Pool
Map of 1429 48Th Ter Sw #3-7, Cape Coral, FL 33914
Listing Courtesy Of: Exp Realty Llc
jacksonhyndman@yahoo.com