- Price$2,299,000
- Acres0.44
- Built1984
4708-4712 Se 5th Pl 101-204, CAPE CORAL
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!
Essential Information
- MLS® #224027164
- Price$2,299,000
- Bathrooms0.00
- Acres0.44
- Year Built1984
- TypeCommercial Sale
- Sub-TypeMulti Family
- StyleLow Rise
- StatusActive
Amenities
- UtilitiesElectricity Available, Trash Collection, Sewer Available, Water Available
- Is WaterfrontYes
- WaterfrontCanal Access
Listing Details
- Listing OfficePremiere Plus Realty Company
Community Information
- Address4708-4712 Se 5th Pl 101-204
- AreaCC12 - Cape Coral Unit 7
- CityCAPE CORAL
- CountyLee
- StateFL
- Zip Code33904
Interior
- # of Stories2
Price Change History for 4708-4712 Se 5th Pl 101-204, CAPE CORAL, FL (MLS® #224027164)
Date | Details | Price | Change |
---|---|---|---|
Price Reduced | $2,299,000 | $191,000 (7.67%) | |
Price Reduced | $2,299,000 | $191,000 (7.67%) | |
Price Increased (from $2,299,000) | $2,490,000 | $191,000 (8.31%) |
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright 2015 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.
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