Overview
Closing Costs Calculator- Status: Active
- Parking No info
- Size: No info
- Price Per: No info/No info
- Type: Commercial/Investment
- Built: 1984
- HOA: No info
- MLS Number: 224027164
- View No info
- On Site: 244 days
- Updated: 179 Days Ago
- Page Views: 4
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!
Contact AdvisorPrice History
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
05/26/2024 | Price Reduced | $2,299,000.00 | 7.7% | $111.66 ft2/$1,201.86 m2 |
03/22/2024 | Listed | $2,490,000.00 | $120.93 ft2/$1,301.71 m2 |
Features
Property Details for 4708-4712 SE 5th Unit 101-204, Cape Coral, FL 33904
- Bedrooms
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- Bedroom Description: No info
- Bathrooms
- Full Bathrooms:
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- Master Bathroom Description: No info
- Exterior and Lot Features
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- Interior, Heating and Cooling
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- Appliances: No info
- Cooling Description: No info
- Building and Construction
- Floor Description: No info
- Windows/Treatment: No info
- Construction Type: No info
- Year Built: 1984
- Waterfront and Water Access
- Waterfront Property: Yes
- Waterfront Frontage: No info
- Waterfront Description: No info
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
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- Other Property Info
- Community Name: No info
- Subdivision Name: No info
- Property Type: Commercial/Investment
- Property Subtype: Commercial
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 03/22/2024
- Brokered By: Premiere Plus Realty Company
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $29,657.00
- Type of building: No info
- Occupancy Information: No info
- Occupancy Percentage: No info
- Property Type Description: No info
- Parking Description: No info
- Parking Spaces: No info
- Number of Units: 8
- Number of Floors: 2
- Number of Stories: No info
- Zoning Information: No info
- Total Acreage: 0.44
- Acreage Description: No info