1418 SE 8th TER Active

Cape Coral,FL 33990

$ 1365000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 224069517

Style Low Rise

HOA Y/N No

Year Built 1979

Annual Tax Amount $10,698

Tax Year 2023

Lot Size 0.460 Acres

Acres 0.46

Property Description

The Flats at Viscaya (the “Property”), a 7-unit multifamily apartment building located just off Viscaya Parkway, near the intersection of SE 8th Terrace and Del Prado Boulevard S.
The Flats at Viscaya was constructed of CBS in 1979. It consists of a single one-story building on a 0.46-acre lot, totaling 6,622 square feet of rentable space. The property comprises four (4) one-bedroom / one-bathroom units and three (3) two-bedroom / two-bathroom units.
The Flats at Viscaya presents investors with a unique opportunity to increase current rents to market rates in a stabilized, cash-flow-positive property. Its location, within walking distance of Lee Health Cape Coral Hospital and with access to nearby schools, provides tenants with a comfortable and well-located place to live.

Location

State FL

County Lee

Area Cc14 - Cape Coral Unit 16,18,22-

Rooms

Bedroom Description NaN

Interior

Fireplace No

Exterior

Utilities Available Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available

Waterfront No

Waterfront Description None

Garage No

Building

Story 1

Architectural Style Low Rise

Others

Senior Community No

Tax ID 19-44-24-C2-00798.0220

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