• 1319 SE 40th Terrace CAPE CORAL, FL 33904

  • $3,500,000
  • 16
    Bed(s)
  • 16
    Baths
  • 0
    Sq Ft
  • 0.4591
    Acre

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 ½ 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!

Property Type :

Residential Income

Subdivision :

Cape Coral

County :

Lee

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 16

Bathroom Information

Total Baths: 24

Full Baths: 16

Half Baths: 8

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Room Information

Total Rooms: 16

Interior Features

Roof : Tile

Windows: Single Hung

Flooring: Carpet,Tile

Cooling Features: Central Air,Electric

Heating Features: Central,Electric

Building Information

Year Built: 2008

Construction: Block,Concrete,Stucco

Roof: Tile

Lot Information

Lot Dimensions: Oversized Lot

Lot Size Acres: 0.4591

Property Information

Subdivision: CAPE CORAL

Source Listing Status: Active

Source Property Type: Residential Income

Area: CC12 - Cape Coral Unit 7-15

Zoning: R3-W

Property SubType: Quadruplex

Total Square Feet Living: 11760

Year Built: 2008

Construction Materials: Block,Concrete,Stucco

Property Age: 16

Building Total Stories: 2

House Style: Two Story

Listing Price Information

Original List Price: $3,500,000

Tax Information

Parcel Number: 07-45-24-C2-00312.027A

Homeowners Association Information

Association : Yes

Pool,Boat Slip,Spa/Hot Tub

$Association Amenities :Pool,Boat Slip,Spa/Hot Tub

Calculated Total Monthly Association Fees : 0

Pets Allowed : Yes

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1725 Cape Coral Parkway, Cape Coral, FL,33904 $899,000 -- -- -- 0.25 Acre
2522 SE 23rd Place, Cape Coral, FL,33904 $535,900 -- -- -- 0.231 Acre
2635 SE 19th Avenue, Cape Coral, FL,33904 $399,900 -- -- -- 0.244 Acre
4902 Viceroy Street, Cape Coral, FL,33904 $550,000 -- -- -- 0.356 Acre
4621 SE 5th Avenue, Cape Coral, FL,33904 $189,900 -- -- -- 0.344 Acre
4403 SE 19th Avenue, Cape Coral, FL,33904 $179,000 -- -- -- 0.24 Acre
1435 SE 35th Street, Cape Coral, FL,33904 $119,800 -- -- -- 0.256 Acre
208 SE 31st Terrace, Cape Coral, FL,33904 $272,500 -- -- -- 0.266 Acre
1315 SE 34th Terrace, Cape Coral, FL,33904 $94,900 -- -- -- 0.255 Acre
1433 SE 30th Street, Cape Coral, FL,33904 $89,900 -- -- -- 0.23 Acre

ByOwner last updated this listing 05/02/2024 @ 06:33

MLS: 223057746
LISTED BY: Nick Grabowski, Schooner Bay Realty, Inc.
SOURCE: SWFL
Buyer Agency Compensation: 1.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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