Home > Cape Coral > 1429 Sw 48Th Ter #3-7, Cape Coral, FL 33914
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1429 Sw 48Th Ter #3-7, Cape Coral, FL 33914 - 6 Bedroom Pool Condo in Cape Coral

$799,999

MLS Number
2025023659
Bedrooms
6 or More
Bathrooms
10 Baths
Living Area
980 sq ft
Total Area
4,900 sq ft
Garage Spaces
0
Year Built
1984
Days on Market
1

home Property Description

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!

fact_check The Basics

Property Type Condo
Gulf Access No
Private Pool Yes
Private Spa No
Acres 0.0895
Furnished Unfurnished
Last Modified 1 day ago

savings Financials & HOA Fees

Foreclosure No
Auction No
Short Sale No
Mandatory HOA Yes
Master HOA Fee $490 monthly

roofing Building Features

Building Style Corner, End-Unit, See Remarks
Construction Materials Concrete Block, Stucco
Cooling Central Electric
Elevator None
Floor Plan Courtyard
Floors 2
Patio and Porch Patio
Rear Exposure North
Roof Shingle
Security Features Smoke Detector(s)
Storm Protection None
View Landscaped Area
Water Source Assessment Paid

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chair Interior Features

Appliances & Equipment Cooktop - Electric, Dishwasher, Disposal, Grill - Other, Microwave, Refrigerator, Smoke Detector, Solar Panels, Washer/Dryer Hookup
Interior Features Smoke Detectors
Additional Rooms Family Room, Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch
Flooring Laminate
Gas No
Laundry Washer/Dryer Hookup, Laundry in Residence

holiday_village Neighborhood and Community

Pets Allowed With Approval
Amenities Pool
Neighborhood Cape Coral
Neighborhood Type Non-Gated
Community Features Pool
Included in Fees Trash Removal
HOA Restrictions No Commercial, No RV

travel_luggage_and_bags Leasing Rules

Lease Limits Yes
Leases Per Year 3
Minimum Days of Lease 120

school School Zones

Elementary School Oasis
Middle School Oasis
High School Oasis

photo_library Additional Images

Chris Farrugia, REALTOR Portrait

Chris Farrugia, M.B.A.

Realtor® at The Listing Naples Group

📞 (239) 248-8171
📧 chris@listingnaples.com

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The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations. Copyright 2025 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

Listing provided by EXP Realty LLC.