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1319 SE 40th Terrace

Cape Coral, FL 33904
  • $3,500,000
  • STATUS: Active
  • ON SITE: 297 Days
  • MLS #: 223057746
$3,500,000
  • 16
    BEDS
  • 0.46
    ACRES
  • 16
    BATHS
  • 8
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2008
County:
Lee

School Ratings & Info

Description

Exceptional Investment Opportunity! Presenting a stunning multi-family property consisting of 8 spacious townhomes nestled along a serene gulf access waterfront canal. Enjoy the allure of waterfront living combined with the luxury of a private pool, wet slips, and great location hence making this property an irresistible gem. Each townhome boasts 2 bedrooms, 2 baths providing residents with comfortable and modern living spaces and a 1 car garage. The picturesque waterfront location offers breathtaking views, tranquil moments, and a sense of exclusivity for residents. Whether you're an investor looking for strong cash flow or an owner-occupant seeking a dynamic living experience, this property delivers on both fronts. With a proven history of positive cash flow, it's a savvy investment opportunity that's hard to match. Easy access to restaurants, open water, and Fort Myers ensures that residents enjoy the best of both worlds"peaceful waterfront living and urban connectivity. Don't miss out on this rare chance to own a multi-family property. Schedule your viewing today and take the first step towards securing a unique and rewarding investment!

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© 2024 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Jorge Barrera | Premiere Plus Realty. Data last updated 2024-06-18T00:24:01.683.
www.jorgeswflrealtor.com/homes/142778258
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1319 SE 40th Terrace Cape Coral, FL 33904

  • Price: $3,500,000
  • Status: Active
  • On Site: 297 Days
  • MLS #: 223057746
16
Beds
16
Baths
8
½ Baths
0.46
Acres
2008
Built
Neighborhood:
Cape Coral
County:
Lee
Area:
Cc12 - Cape Coral Unit 7-15
Property Description
Exceptional Investment Opportunity! Presenting a stunning multi-family property consisting of 8 spacious townhomes nestled along a serene gulf access waterfront canal. Enjoy the allure of waterfront living combined with the luxury of a private pool, wet slips, and great location hence making this property an irresistible gem. Each townhome boasts 2 bedrooms, 2 baths providing residents with comfortable and modern living spaces and a 1 car garage. The picturesque waterfront location offers breathtaking views, tranquil moments, and a sense of exclusivity for residents. Whether you're an investor looking for strong cash flow or an owner-occupant seeking a dynamic living experience, this property delivers on both fronts. With a proven history of positive cash flow, it's a savvy investment opportunity that's hard to match. Easy access to restaurants, open water, and Fort Myers ensures that residents enjoy the best of both worlds"peaceful waterfront living and urban connectivity. Don't miss out on this rare chance to own a multi-family property. Schedule your viewing today and take the first step towards securing a unique and rewarding investment!
Exterior Features

Architectural Style Two Story Construction Materials BlockConcreteStucco Covered Spaces 0 Exterior Features Other Irrigation Source Municipal Levels Two Lot Features Oversized Lot Lot Size Dimensions 160 x 125 x 160 x 125 Roof Tile Structure Type Quadruplex Waterfront Features Canal Access Waterfront YN Yes

Interior Features

Cooling Central AirElectric Flooring CarpetTile Heating CentralElectric Window Features Single Hung

Property Features

Association Amenities PoolBoat SlipSpa/Hot Tub Association Fee 0 Association Fee2 0 Association Fee3 0 Community Features Non-Gated Development Name CAPE CORAL Gross Income 156850 Gross Scheduled Income 173400 Gulf Access YN 1 Land Lease Amount 0 Listing Terms All Financing ConsideredCash Net Operating Income 114128 Operating Expense 42721 Pets Allowed Yes Pool Features Community Pool Private YN No Potential Short Sale YN Property Condition Resale Property Sub Type Quadruplex Restrictions Road Responsibility Public Maintained Road Sewer Public Sewer Spa YN No Tax Annual Amount 22772.26 Tax Block 312 Tax Lot 27 Tax Year 2022 Tenant Pays Application FeeCable TVDeparture CleaningElectricityInternetWater Water Source Public Zoning Description R3-W

Listing courtesy of Schooner Bay Realty, Inc..


© 2024 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Jorge Barrera | Premiere Plus Realty. Data last updated 2024-06-18T00:24:01.683.
 
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Jorge Barrera | Premiere Plus Realty
3409 Pelican Landing Pkwy. #1
Bonita Springs FL, 34134