1429 SW 48th Terrace #3-7 Cape Coral, FL 33914
For Sale MLS# 2025023659
6 beds 10 baths 980 sq ft Condo
Details for 1429 SW 48th Terrace #3-7
MLS# 2025023659
Description for 1429 SW 48th Terrace #3-7, Cape Coral, FL, 33914
I am thrilled to share an exceptional investment opportunity with you—a well maintained 8-Plex that is currently fully occupied SW Cape. (Gold Coast West-Professionally Managed – No age restrictions) This property is a true gem, offering both stability and considerable upside potential and low HOA fees. Situated in a single building, the 8-Plex includes eight units, with the seller owning five out of the eight. The layout has been thoughtfully designed around a private central courtyard, complete with a charming and functional solar heated pool. Imagine walking through the breezeway to find your own private oasis, featuring picnic tables and a privately fenced yard, perfect for gatherings or quiet enjoyment. Each of the five spacious units within the property each boasts 2 bedrooms and 2 bathrooms, providing ample space for tenants. The convenience of in-unit laundry adds an extra layer of appeal. The units feature either tile flooring throughout or luxury vinyl, ensuring durability and ease of maintenance. Additionally, screened lanais extend the living space outdoors, creating a delightful and versatile environment for tenants. Recent capital improvements have been made, ensuring peace of mind for any potential investor. Each unit has been updated, showcasing the added value potential for future renovations. Building also has been freshly painted. Approved flood barriers are in process and new updated landscaping will be going in as well! Less than a mile from Cape Harbour Marina, with great restaurants, shopping and boating. This property offers a rare opportunity in today's market, blending turnkey income, long-term appreciation, and prime rental appeal. Properties like this seldom hit the market, so don't hesitate—seize this ideal investment opportunity today!
Listing Information
Property Type: Residential, Condominium
Status: Active
Bedrooms: 6
Bathrooms: 10
Lot Size: 0.09 Acres
Square Feet: 980 sq ft
Year Built: 1984
Stories: 2 Story
Construction: Block,Concrete,Stucco
Subdivision: Cape Coral
Furnished: Yes
County: Lee
Days On Market: 79
Construction Status: Resale
School Information
Elementary: Oasis
Middle: Oasis
High: Oasis
Room Information
Bathrooms
Full Baths: 10
Additonal Room Information
Laundry: Washer Hookup, Inside, Dryer Hookup
Interior Features
Appliances: Indoor Grill, Dishwasher, Disposal, Microwave, Refrigerator, Electric Cooktop
Flooring: Laminate
Doors/Windows: Double Hung
Additional Interior Features: Bedroom on Main Level, Breakfast Bar, Living/Dining Room, Separate Shower, Shower Only
Utilities
Water: Assessment Paid
Sewer: Assessment Paid
Other Utilities: Cable Available
Cooling: Electric, Central Air
Heating: Central, Electric
Exterior / Lot Features
Parking Description: Common, One Space, Assigned, Paved
Roof: Shingle
Pool: Community, Concrete, Heated, In Ground, Solar Heat
Lot View: Landscaped
Lot Dimensions: 120 x 91 x 120 x 91
Additional Exterior/Lot Features: None, Outdoor Grill, Privacy Wall, Fence, Courtyard, Patio, Patio, Porch, Screened, Lanai, Rectangular Lot
Community Features
Community Features: Non-Gated
Security Features: Smoke Detector(s)
Association Amenities: Other, Management, Pool
HOA Dues Include: Trash
Homeowners Association: Yes
HOA Dues: $490 / Monthly
Driving Directions
Cape Coral Parkway go south on Chiquita, turn left 1st street which is SW 48th Street. Condo on the left.
Financial Considerations
Terms: All Financing Considered,Cash,VA Loan
Tax/Property ID: 15-45-23-C1-01600.0030
Tax Amount: 10970
Tax Year: 2024
A broker reciprocity listing courtesy: EXP Realty LLC
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 1429 SW 48th Terrace #3-7
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1429 SW 48th Terrace #3-7
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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