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1429 SW 48th TER 3-7

Agent Name: Jackson Hyndman

Office Name: EXP Realty LLC

$789,999

4,900 per sqft

Active

6 Beds

10 Baths

980 sqft

Condo

Built in 1984

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!

2025023659

MLSⓇ ID

12/07/2025

LISTED

N/A

UPDATED

Map

1429 SW 48th TER 3-7

Interior Features

Total Stories

2

Bedrooms

6 Beds

Bathrooms

10 Baths

Interior Features

Family Room, Guest Bath, Guest Room,

Appliances

--

Floor Description

Laminate,

Fireplace

Yes

Cooling

Yes

Cooling Description

Central Electric,

Heating

Yes

Heating Description

Central Electric,

Exterior/Building Features

Architectual Style

See Remarks,

Roof

Shingle,

Other Property Details

Area Name

Inland

Taxes

$10,970.00

Tax Frequency

Annually

Association Amenities

Trash,

Garage

No

Garage Spaces

0

Parking

1 Assigned, Common, Paved,

View

Yes

View Description

Landscaped Area,

Country

Lee

Pool

In Ground, Concrete, Solar Heat,

Premier Sotheby's International Realty

Contact(---)

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