4708-4712 SE 5th 101-204, CAPE CORAL FL 33904

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$2,299,000

4708-4712 SE 5th 101-204, CAPE CORAL, FL 33904

bedrooms

bathrooms

square feet

Acreage

0.44

Open Houses

year built

1984

Full Baths

Half Baths

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GREAT INVESTMENT PROPERTY! Located in one of the most booming areas in Cape Coral, in walking distance to the Bimini Basin, where a $120 million redevelopment project ("Bimini Square") is expected to include new luxury apartments, a waterfront restaurant, a variety of retail shops, office space, a medical facility, boat slips and more. This property consists of two buildings with 4 condo units in each building (with every unit having its own strap #) and a swimming pool between the buildings. All 8 condo units have the same size and the same layout, each with 2 bedrooms and 2 bathrooms. All units have recently been remodeled in 2024 (interior paint, new kitchen cabinets + countertops, new stainless stell appliances, full bathroom remodel) and feature tile flooring throughout (except one unit that has luxury vinyl plank). There are laundry rooms in all units and the owner owns the washer and dryers. All units are fully rented with future upside potential in the rents. The 4 units that are on the water side of the building also have screened-in lanais. Both buildings have new exterior paint. The roof was installed in 2018 (and inspected after Hurricane Ian). The Property is located right at the Rubican canal and has its own concrete boat dock and gulf access! 90 feet of new seawall were installed in 2022/2023. This gem has it all!

Location
Subdivision	-
County	Lee
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 224027164

Listing agent: Frank Dittschar, Llc

Listing broker: Premiere Plus Realty, Co. (239) 732-7837

Copyright © 2024 Naples Area Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, November 26 2024 at 12:59 p.m. EST

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