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ATTENTION BUILDERS AND DEVELOPERS-- Opportunity to construct several single family homes or a condo building on this prime waterfront property in precious SE Cape Coral!! Southern exposure at the junction of (2) 180' wide gulf access canals. (1) Lot is vacant (MLS# 214056272) and this lot has an income producing duplex. Total area of both parcels is 160' wide and 125' deep with 100 ft. of seawall. A back-up package is available containing plans for a (6) unit condo building and (4) boat slips.
Exclusively presented by Lomangino & Associates: Two, two story concrete block buildings containing a total of sixteen,1,260 square foot waterfront apartments/condos. There are eight apartments in each building and each apartment has 2 bedrooms, 2 bathrooms and a finished screened in porch. The tenants enjoy a common laundry facility, in-ground pool and mooring rights for small water vessels. Each apartment has washer and dryer connections and is separately metered for water and electric. This is an excellent condo-conversion opportunity even though the property is fully occupied. ***No inspection of the apartments without an accepted offer to purchase*** Seller financing is available to qualified purchasers. Please do not disturb tenants! *Highlights listed above were derived from Zillow...Price is firm!!
GREAT DUPLEX LOCATED IN SOUTH WEST CAPE.. RENTERS ARE READY TO MOVE IN.. CURRENTLY IN THE MIDDLE OF A REMODEL.. WILL BE MOVE IN READY AT TIME OF COMPLETION.. WILL BE DONE IN THE NEXT SEVEN DAYS.. PRICED TO SELL. As of 10/9/2014 , The left side unit is occupied with renter. Please call listing agent with showing appointment.
GREATEST WATERFRONT CANAL LOCATION IN CAPE CORAL WITH DIRECT ACCESS TO THE GULF, breathtaking VIEW.COMPLETE VACATION AMBIANCE, relaxing & quiet; BRING YOUR BOAT AT YOUR DOOR, choose your unit, within this 240 feet Waterfront Cape Coral 12 X 2/2 units of +-1250sf + 148sf screen porch IN 3x-2 story buildings of 4 units each, 5 boat docks (10 slips)& water/sewer hookup; Large in ground pool open kitchen. PARC IN Front of the buildings, parking +-30 spaces in front. Central a/c, individual unit billing utilities ( electricity and water). Renovations; New ROOF shingle building #2, New modern Ext& Int paint,4 New Ac ,Reconditioned 8 units, Lattices redone, Rails redone in factory with magnetic paint, New soffit & fascia in all 3 buildings, New doors, ALL New toilets, most baths refreshed, some units with new ceramics tiles, some units with new carpeting. Some with existing terrazzo. New pool pump, electricity & plumbing partly redone. The apartments are in the process of getting ready for permit of occupancy apt rent $1000-$1500/mthly. Property PROJECTED ANNUAL INCOME $185000.
This 6 unit, two story complex has 4,818 SF of rentable area. Unit Breakdown: Four 1 bedroom and 1 bath (approx. 800 SF each) Two 2 bedroom and 1 bath (approx. 1,000 SF each) Built in 1984, the property is zoned R-3 (multifamily) and conveniently located between two major east-west highways in Cape Coral.
Large assemblage, approximately 23 acres, of Multi-Family buildings and land in the downtown Community Redevelopment Area in the City of Cape Coral. Assemblage includes approximately 4 city blocks, bordering Cape Coral Pkwy from Tarpon Court to Coronado Pkwy. Existing income producing multi-family rentals to cover costs prior to redevelopment. Significant mixed use development entitlements and public benefits in the City's CRA. Land use, Downtown Mixed, and zoning, South Cape, allow 20 du per acre and 2.0 FAR baseline for commercial. Will consider investors and large subdivisions.
Great simple investment, nice return, Single Family home. Currently leased until August 2014. Easy to lease, great three bedroom two bath home, with living and family room, screen lanai and fenced yard. In the heart of Cape Coral, blocks from shopping, transportation, minutes to Fort Myers. Professionally managed. Management will/can stay on. Tenant pays $1000 a month and all utilities. Home clean with nice updates and large trees.
RARE FIND HERE....NOT MANY 6-PLEX PROPERTIES EXIST IN THE CITY...AND IN A SUPER LOCATION....THE HOSPITAL IS OUR LARGEST EMPLOYER AND ITS WITHIN AN EASY WALKING DISTANCE * A+ RANKED CALOOSA ELEMENTARY AND MIDDLE SCHOOLS ARE NEXT TO THE HOSPITAL....MAKING THIS 6 PLEX EASY TO KEEP RENTED * PET *FRIENDLY * THE HORSESHOE STYLE 5772 SQ. FT. BUILDING SITS ON A 15,960 SQ. FT. LOT AND OFFERS A HUGE CENTER COURTYARD WITH WALK WAYS * THE BUILDING CONSISTS OF FOUR, 1 BEDROOM & 1 BATH UNITS [825 SQ. FT. EACH]....ONE 2 BEDROOM & 1 BATH...ONE 2 BEDROOM & 2 BATH [1150 SQ. FT] UNIT * ALL BUT ONE HAVE BEEN RECENTLY RENOVATED...5 UNITS HAVE WOOD LAMINATE FLOORING & TILE...MOST INTERIORS NEWLY PAINTED * FULL KITCHEN APPLIANCES IN EACH * COMMUNITY COIN LAUNDRY ROOM * WATER & SEWER INCLUDED IN THE RENT * 100% OCCUPANCY RATE WITH 4 LONG TERM RESIDENTS * 3000 SQ. FT OFF-STREET PAVED PARKING WITH 6 RESIDENT SPACES & 3 GUEST SPACES * ON-SITE PROPERTY MANAGEMENT * DIMENSIONAL ROOF * WALLED ENTRY * PRIDE OF OWNERSHIP SHOWS HERE IN THIS WELL CARED FOR 6-PLEX * INVESTORS "DREAM" PROPERTY WITH A 7.5% CAP RATE AND VERY STABLE LONG TIME POSITIVE INCOME STREAM * CURRENTLY UNDER CONTRACT BUT ACCEPTING BACKUP OFFERS