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$ 1,750,000
Est. payment | /mo
7,184 SqFt
$ 1,750,000
Est. payment | /mo
7,184 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,184 sqft
Price per Sqft $243
MLS Listing ID 2025002806
Style Resale Property
HOA Y/N No
Year Built 1986
Annual Tax Amount $10,591
Tax Year 2024
Lot Size 0.444 Acres
Acres 0.444
Source Florida Gulf Coast
Land Area 7184
Property Description
Fantastic 8-Plex Opportunity in SE Cape Coral!! PRIME LOCATION located off of Coronado Pkwy. walking distance to bus lines, shopping, and downtown Cape Coral. Each unit is thoughtfully laid out with private entrances, ample natural light, and modern updates throughout. The building consists of 8 units with 2 bedrooms and 2 baths each, including screened in front doorways and private screened in lanais for each unit. Building comes with community pool, ample parking and on site laundry for extra income generation!! Each unit does come with washer/dryer hookups and is metered separately for electric and water. Professional property management company in place, Back-flows have been installed for building, All AC units on a AC maintenance plan, Fire extinguishers are serviced and also up to date, Several upgrades throughout many units. Whether you're a seasoned investor or just entering the multifamily market, this 8-unit gem offers strong cash flow and long-term appreciation potential. Located in Flood Zone X!
Location
State FL
County Lee
Zoning R3-D
Interior
Cooling true
Inclusions Building And Land
Fireplace No
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Waterfront Description None
Total Parking Spaces 12
Garage No
Building
Story 2
Level or Stories 2
New Construction No
Others
Senior Community No
Tax ID 07-45-24-C2-00313.0170
Listed by Sunshine Rentals & Property Ma • Laura Schuette