Listing Provided Courtesy of Premiere Plus Realty Company
GREAT INVESTMENT PROPERTY! Located in one of the most booming areas in Cape Coral, in walking distance to the Bimini Basin, where a $120 million redevelopment project (“Bimini Square”) is expected to include new luxury apartments, a waterfront restaurant, a variety of retail shops, office space, a medical facility, boat slips and more. This property consists of two buildings with 4 condo units in each building (with every unit having its own strap #) and a swimming pool between the buildings. All 8 condo units have the same size and the same layout, each with 2 bedrooms and 2 bathrooms. All units have recently been remodeled in 2024 (interior paint, new kitchen cabinets + countertops, new stainless stell appliances, full bathroom remodel) and feature tile flooring throughout (except one unit that has luxury vinyl plank). There are laundry rooms in all units and the owner owns the washer and dryers. All units are fully rented with future upside potential in the rents. The 4 units that are on the water side of the building also have screened-in lanais. Both buildings have new exterior paint. The roof was installed in 2018 (and inspected after Hurricane Ian). The Property is located right at the Rubican canal and has its own concrete boat dock and gulf access! 90 feet of new seawall were installed in 2022/2023. This gem has it all!
Property Details
Price:
$2,299,000
MLS #:
224027164
Status:
Active
Beds:
0
Baths:
0
Address:
4708-4712 SE 5th PL # 204
Type:
Commercial
Subtype:
Multi Family
City:
CAPE CORAL
Listed Date:
Mar 22, 2024
State:
FL
ZIP:
33904
Lot Size:
19,166 sqft / 0.44 acres (approx)
Year Built:
1984
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
More About CENTURYMortgage Calculator
Schools
Interior
Exterior
Parking Spots
12
Financial
Tax Year
2023
Taxes
$29,658
Map
Community
- Address4708-4712 SE 5th PL # 204 CAPE CORAL FL
- CityCAPE CORAL
- CountyLee
- Zip Code33904
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Courtesy of Premiere Plus Realty Company. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Naples, FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Naples, FL. All rights reserved.
4708-4712 SE 5th PL # 204
CAPE CORAL, FL
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