I am thrilled to share an exceptional investment opportunity

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Condo For Sale

1429 SW 48th Terrace unit: 3-7

Cape Coral, Florida 33914

Lee County

Community: CAPE CORAL

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$799,999 6 br, 10.0 bath 980 sq. ft. 0.090 acres

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 is in the works of being painted. 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!

Interior:
  • Bedrooms: 6
  • Baths: 10.0
  • Sq Ft: 980
  • Year Built: 1984
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: Electric (Heating), Central
  • Garage: Assigned
Exterior:
  • Lot Size: 0.090 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Block, Concrete, Stucco
  • Roof: Shingle
  • Property Taxes: $10,970
  • Swimming Pool: Yes
  • MLS #: 2025023659
  • Unit Number: 3-7
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Contact Information:
Beach Condo For Sale in Cape Coral, Florida
Listing Agent: Jackson Hyndman, EXP Realty LLC, 239-314-8292, 888-883-8509 Listing Site, Listing Status: Active
Copyright © 2025 Florida Gulf Coast Multiple Listing Service, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6985848
Viewed 11 times.
Updated: Dec 14, 2025

This property is a Condo located at 1429 SW 48th Terrace unit: 3-7, Cape Coral, Florida 33914, and is currently For Sale at $799,999. This Condo has 6 bedrooms, 10.0 baths, 980 sq ft.