1429 SW 48th Terrace #3-7, Cape Coral, FL 33914
Local realty services provided by:CENTURY 21 North East
Listed by: jackson hyndman, autumn vanni
Office: exp realty llc.
MLS#:2025023659
Source:FL_GFMB
Price summary
- Price:$789,999
- Price per sq. ft.:$161.22
- Monthly HOA dues:$413
About this home
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!...
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Home facts
- Year built:1984
- Listing ID #:2025023659
- Added:144 day(s) ago
- Updated:May 01, 2026 at 02:52 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:10
- Full bathrooms:10
- Flooring:Laminate
- Kitchen Description:Dishwasher, Disposal, Electric Cooktop, Indoor grill, Microwave, Refrigerator
- Living area:980 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1984
- Building area:980 sq. ft.
- Architectural Style:Courtyard, Low Rise
- Construction Materials:Block, Concrete, Stucco
- Exterior Features:Courtyard, Fence, Lanai, Outdoor Grill, Patio, Porch, Privacy Wall, Screened
Schools
- High school:OASIS
- Middle school:OASIS
- Elementary school:OASIS
Finances and disclosures
- Price:$789,999
- Price per sq. ft.:$161.22
- Tax amount:$10,970 (2024)
Features and amenities
- Laundry features:Dryer Hookup, Inside
- Amenities:Pool
- Pool features:Community, Concrete, Heated, In Ground, Pool, Solar Heat
Parking
- Parking description:Assigned, Common, One Space, Paved
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