1014 SE 12th CT Cape Coral, FL 33990

203031755 26.63346 -81.94812 12 /listing/203031755-150476587/1014-se-12th-ct-cape-coral-fl-33990 False 0 650000.0 101 218024391 False
  • $650,000
  • 1.03 lot
  • Est payment $3489.34/mo

Property & Neighborhood Info

Courtesy Of Phil Deems Real Estate

Commercial in CAPE CORAL

BUYER COULD USE PART OR ALL OF THE SPACE - Tenants are on month to month basis and rents are well below market. The building is 10,000 square feet (100' x 100') constructed of both steel & block and divided into five separate rental units. Tenants are willing to stay in place with the new buyer, or they could vacate with appropriate notice. The five units are leased to four tenants and consist of units 1 and 3 which is a 4,166 sf unit - $1,500.00, unit 2 is 2,500 sf - $895.83, unit 4 is a 1,660 sf unit - $783.33 and unit 5 is also 1,660 sf - $725.00. Building square foot average rate is $4.68. with current rentals within the area between $8.00 to $10.00 psf range (if you can find one). Zoned light industrial - warehouse has access from the main street (SE 12th Ct) as well as the paved alley. NOTE: There are 2 ADDITIONAL income producing fenced yards that could be purchased for an additional $500,000. Currently rented as yard storage with 44+/- vehicles, trailers, trucks, etc. with monthly income of $3,520. ($80 per month / stall). The yard on SE 10th Street is also on a gulf access waterfront canal.

Courtesy Of Phil Deems Real Estate
  1. 1.03 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1977
  • Floors: 1
  • County: Lee
  • Taxes: $4,807.66
  • Tax Year: 2017
  • Zoning: I-1
  • MLS Number:218024391

Additional Features

  • Cooling:
    • N
  • Building Square Feet:
    • 10000
  • Construction Status:
    • Resale Property
  • Current Use:
    • Vacant/Owner-User
  • Property Type:
    • Industrial: Flex Space
    • Industrial: Manufacturing
    • Industrial: Office Showroom
    • Industrial: Warehouse
  • Fenced Yard:
    • N
  • Land Size Source:
    • Property Appraiser Office
  • Waterfront:
    • N
    • None
  • Parking Spaces:
    • 56
  • Heat:
    • N
  • Utilities Available:
    • 3-Phase Electric
    • Electric
    • Phone Line
    • Sewer
    • Single Phase Electric
    • Trash Removal
    • Water
  • Fire Sprinklers:
    • N
  • Gulf Access:
    • N
  • Confidentiality Agreement:
    • N
  • Foreclosed/Reo:
    • N
  • Legal Description:
    • CAPE CORAL UNIT 22 BLK 779 PB 14 PG 12 LOTS 27 + 28
  • Potential Short Sale:
    • N
  • Sale Includes:
    • Building And Land
  • Transaction Type:
    • Sale
  • Tenancy:
    • Multiple
  • Last Change Type:
    • Price Decrease
  • MLSSystem ID:
    • Florida Gulf Coast
  • Tax ID:
    • 19-44-24-C2-00779.0270
  • Total Acres:
    • 1.0290
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
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RE/MAX of the Islands
RE/MAX of the Islands
(239) 472-2311

1014 SE 12th CT Cape Coral, FL 33990

203031755 26.63346 -81.94812 12 /listing/203031755-150476587/1014-se-12th-ct-cape-coral-fl-33990 False 0 650000.0 101 218024391 False
  • $650,000
  • 1.03 lot
  • Est payment $3489.34/mo