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4708-4712 SE 5th Pl , 101-204

Cape Coral, FL 33904
  • $2,299,000
  • STATUS: Active
  • ON SITE: 89 Days
  • ID#: 224027164
UPDATED: 119 min ago
$2,299,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1984
County:
Lee

School Ratings & Info

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!

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The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than Paradise Coast R.E. Group | MVP Realty are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. 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. Data last updated 2024-06-20T09:26:14.537. Some properties that appear for sale on this website may no longer be available. For the most current information, contact Paradise Coast R.E. Group | MVP Realty, 239-272-4351, bouncedemail@boomtownroi.com. Licensed in the State of Florida.
www.paradisecoastregroup.com/homes/148812249
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4708-4712 SE 5th Pl , 101-204 Cape Coral, FL 33904

  • Price: $2,299,000
  • Status: Active
  • On Site: 89 Days
  • Updated: 119 min ago
  • ID#: 224027164
0
Beds
0
Baths
0
½ Baths
0.44
Acres
1984
Built
Neighborhood:
CC12 - Cape Coral Unit 7-15
County:
Lee
Area:
CC12 - Cape Coral Unit 7-15
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!
Exterior Features

Attached Garage No Building Design Multi Family Carport Desc No Covered Spaces 0 Garage No Gulf Access Type Bridge(s)/Water Indirect Gulf Access YN Yes Lot Frontage 132 Parking Total 12 Waterfront Desc Canal Front Waterfront YN Yes

Interior Features

Cooling YN No Fireplace No Heating No

Property Features

Business Type Residential Commercial Amenities Swimming PoolBoat Dock12 Open Parking Spaces Commercial Type Commercial Only Confidentiality Agreement Reqd No Electric On Property YN Yes Foreclosed Reo YN No Hoa Desc Yes Horse YN No Inclusions Building And LandEquipmentFixtures Land Lease No Lease Amount 14400 Lease Rate Desc Monthly Gross Levels 2 Maximum Subject Property Sq Ft 20590 Minimum Subject Property Sq Ft 20590 MLS Naples New Construction YN No Potential Short Sale YN No Senior Community No Transaction Type Sale Utilities Electricity ConnectedSewer ConnectedWater Connected

Listing courtesy of Premiere Plus Realty Company: 239-732-7837.
The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2024 M.L.S. of Naples, Inc. 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


The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than Paradise Coast R.E. Group | MVP Realty are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. 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. Data last updated 2024-06-20T09:26:14.537. Some properties that appear for sale on this website may no longer be available. For the most current information, contact Paradise Coast R.E. Group | MVP Realty, 239-272-4351, bouncedemail@boomtownroi.com. Licensed in the State of Florida.
 
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Paradise Coast R.E. Group | MVP Realty
1495 Pine Ridge Road #1
Naples FL, 34109