1429 48th Terrace Cape Coral FL 33914

Overview of 1429 Sw 48th Ter 3-7

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!

This lovely condo was built in 1984 and features 6 bedrooms, and 10 full bathrooms. This condo for sale is 4,900 square feet, with 980 sq ft being air conditioned living space. The condo has a private swimming pool.

Directions to this property are as follows: Cape Coral Parkway Go South On Chiquita, Turn Left 1st Street Which Is Sw 48th Street. Condo On The Left.

Please contact your ZFC agent for more information about MLS# 2025023659 or any other condos for sale in Cape Coral or elsewhere in the Lee County area.