RE/MAX of the Islands
RE/MAX of the Islands
2400 Palm Ridge Road Sanibel FL 33957
(239) 472-2311 RE/MAX of the Islands

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26.636765 -81.94336
  1. Search Nearby Homes

1418 SE 8th Terrace Cape Coral, FL 33990

287200063 26.636765 -81.94336 12 /listing/287200063-150476587/1418-se-8th-terrace-cape-coral-fl-33990 False 0 830000.0 101 0 221003178 False
  • $830,000
  • 0 ba
  • 20037.60 Square Feet lot
  • Est payment $4455.62/mo
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Property & Neighborhood Info

Courtesy Of SRJ Group LLC

Commercial in CAPE CORAL

7plex + on site Laundry Room. All tenants pay individual electric and water. Laundry area has it's own water and power as well. Please DO NOT send buyer or walk the premises without an appointment. Please do not disturb the tenants. All units have large storage closet/pantry that can accomodate per unit laundry areas. This is a well kept 7 unit bldg with laundry room. 100% leased in a very central location. Walking distance to Cape Coral Hospital and other major employers and retail centers in the area. Great rental income: Unit 1 (2/2) at $1100/mo Unit 2 (2/2) at $1200/mo Unit 3 (1/1) at $950/mo Unit 4 (1/1) at $950/mo Unit 5 (1/1) at $950/mo Unit 6 (1/1) at $950/mo Unit 7 (2/2) with w/d inside at $1200/mo. Laundry room averages $130/mo. Units are tiled thruout; with central a/c. Several ugrades have been made in the last 12 months. There are 3 units that are 2/2s and 4 units that are 1/1s plus laundry area that could be turned into efficiency/studio unit (allowed per zoning) for higher income.

Courtesy Of SRJ Group LLC
  1. 0 Baths
  2. 20037.60 Square Feet Lot

Main Features

  • Listing Status: Contract Pending
  • Year Built: 1979
  • County: Lee
  • Taxes: $10,545.00
  • Tax Year: 2020
  • Zoning: P1-D
  • MLS Number:221003178

Additional Features

  • Current Use:
    • Multi-Family
  • Property Sub Type:
    • Multi-Family
  • Property Type:
    • Commercial Sale
  • Architectural Style:
    • Low Rise
  • Buyer Agent AOR:
    • FloridaGulfCoast
  • Buyer Office AOR:
    • FloridaGulfCoast
  • Cooling YN:
    • Y
  • Heating YN:
    • Y
  • Human Modified YN:
    • True
  • Lease Considered YN:
    • N
  • List Agent AOR:
    • FloridaGulfCoast
  • List Agent State License:
    • 279517978
  • List AOR:
    • FloridaGulfCoast
  • Listing Agent License Number:
    • 279517978
  • Listing Agreement:
    • Exclusive Right To Sell
  • List Office AOR:
    • FloridaGulfCoast
  • List Office Email:
    • srjgroupllc@gmail.com
  • Lot Size Acres:
    • 0.46
  • Lot Size Source:
    • Appraiser
  • Lot Size Units:
    • Acres
  • Pending Timestamp:
    • 2021-01-27T00:00:00.000-00:00
  • Property Condition:
    • Resale
  • Tax Legal Description:
    • CAPE CORAL UNIT 22 BLK 798 PB 14 PG 16 LOTS 22 THRU 25
  • Waterfront YN:
    • N
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.

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RE/MAX of the Islands
RE/MAX of the Islands
(239) 472-2311
2400 Palm Ridge Road Sanibel FL 33957
no name available RE/MAX of the Islands
26.636765 -81.94336
  1. Search Nearby Homes

1418 SE 8th Terrace Cape Coral, FL 33990

287200063 26.636765 -81.94336 12 /listing/287200063-150476587/1418-se-8th-terrace-cape-coral-fl-33990 False 0 830000.0 101 0 221003178 False
  • $830,000
  • 0 ba
  • 20037.60 Square Feet lot
  • Est payment $4455.62/mo