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23 photos
Additional details
$1,750,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2026009485
Style Low Rise
Construction Status Resale
HOA Y/N No
Year Built 1984
Annual Tax Amount $18,000
Tax Year 2025
Property Sub-Type Retail
Property Description
Calling all investors! Not in a Flood Zone! 12-unit package fully occupied less than 2% vacancy Great rental potential and return on investment. Located near commercial park and Cape Coral Hospital and surrounding medical facilities. All unit of the units are a one bedroom one bath condo with a large living room, open kitchen with eat in countertop and large bedroom with walk-in closet and Tile floors throughout. Washer and dryer hook-up. Condo fees include water, sewer, and trash. Hurricane windows, and nicely updated interior, New Roof, Newly Asphalt driveway installed. This opportunity will surely not last in today's market. Owner has 12 Units that are rented in this community and kicking off fantastic annual revenue at a 7% CAP rate.
Location
State FL
County Lee
Area Cc14 - Cape Coral Unit 16, 18, 22-
Rooms
Bedroom Description NaN
Interior
Furnishings Furnished
Fireplace No
Exterior
Utilities Available Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available
Waterfront Description None
Present Use Multi-Family,Retail
Garage No
Building
Story 1
Architectural Style Low Rise
Construction Status Resale
Others
Senior Community No
Virtual Tour https://youtube.com/shorts/J-bvGLZSowY?feature=share
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Listed by Century 21 Sunbelt Realty • A.D. Diaz
Nearby School & Business
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