Price Reduced 7.67%
Price History
$2,490,000
3/22/2024
$2,299,000
5/26/2024
4708-4712 SE 5th PL, #101-204, Cape Coral, FL, 33904
1984
20,590 sqft
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!
Status:
Active
Type:
Commercial
Levels:
2
Parking:
12-car
Acreage:
0.44
Est. Taxes:
$23,350
Utilities
Electric,Sewer,Trash Removal,Water
Amenities:
Swimming Pool, Boat Dock, 12 Open Parking Spaces
Waterfront:
Yes
Days on Market:
278
Pool:
Yes
MLS #:
224027164
Community Info
School Info
Walk Score
Yelp
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Copyright ©2024 The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Listing courtesy of Premiere Plus Realty Company Phone: 239-732-7837