FL > Cape Coral
Cape Coral, FL 33904,4708-4712 SE 5th PL #101-204
Cape Coral, FL 33904,4708-4712 SE 5th PL #101-204
Cape Coral, FL 33904,4708-4712 SE 5th PL #101-204
Cape Coral, FL 33904,4708-4712 SE 5th PL #101-204
Cape Coral, FL 33904,4708-4712 SE 5th PL #101-204
Cape Coral, FL 33904,4708-4712 SE 5th PL #101-204
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Alek Petrov

Alek Petrov

+1(239) 295-0275
$ 2,299,000
Est. payment | /mo

0.44 Acres Lot

Save
$ 2,299,000
Est. payment | /mo
Save

0.44 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi-Family: Low Rise (1-3 Floors),Multi-Family: 5+ Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 224027164

Originating Board Naples

Year Built 1984

Annual Tax Amount $23,350

Tax Year 2024

Lot Size 0.440 Acres

Acres 0.44

Property Description

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!

Location

State FL

County Lee

Area Cc12 - Cape Coral Unit 7-15

Direction From Cape Coral Pkwy E turn north onto Palm Tree Blvd. Take second right onto SE 47th Ter. Then take third left onto SE 5th Place. Property is on the corner.

Interior

Heating Central

Cooling Central

Inclusions Building And Land, Equipment, Fixtures

Exterior

Utilities Available Electricity Available, Sewer Available, Trash Removal, Water Available

Waterfront Description Canal Front

Total Parking Spaces 12

Private Pool No

Building

Faces From Cape Coral Pkwy E turn north onto Palm Tree Blvd. Take second right onto SE 47th Ter. Then take third left onto SE 5th Place. Property is on the corner.

New Construction No

Others

Tax ID 12-45-23-C3-02800.1030

Listed by Premiere Plus Realty Company • Frank Dittschar, LLC
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4708-4712 SE 5th PL #101-204