Address
128 SE 12TH Terrace # 1-4, Cape Coral, FL
Price
$ 999,900
Property Attributes
- MLS#224045386
- TypeMulti-Family
- CountyLEE
- CityCape Coral
- AreaCC14 - Cape Coral Unit 16 - 18 - 22-
- NeighborhoodCAPE CORAL
- Zip33990
- StyleQuadruplex
- Year Built1988
- Taxes$ 11063
- Price$ 999,900
- Bedrooms7
- Full Bathrooms6
- Half Bathrooms0
- Sqr Footage3720
- Lot Size0.386 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description
GREAT INVESTMENT OPPORTUNITY and it’s PRICED TO SELL! Owner wants to move on to bigger things! This well maintained 4-Plex has garages and an in-ground pool; it is located in the heart of Cape Coral - all units have been re-piped; all new electrical panels; all new/newer AC units and hot water tanks. The units feature carpet, tile and most have been recently painted. Most appliances are newer. Roof was replaced after Ian (no flood damage) as well as decking; all new storm doors and shutters for windows were added. 3 of the garages are used by tenants and 1 garage is used for “tenant and owner” storage. This building has been consistently maintained and serviced. Owner pays water however the units are metered for easy conversion. The pool was resurfaced in 2022 and a new pool pump purchased in March of 2022. All tenants have lived there minimum of 4-5 years and have established a nice community. Showings will be granted with pre-approval or POF; Serious inquiries only! *** DO NOT APPROACH BUILDING - DO NOT APPROACH TENANTS ***
| Price History | |
|---|---|
| 5/25/2024 | Listed $999,900 |
General Features
| Sewer | AssessmentPaid,PublicSewer |
|---|---|
| Heating | Central,Electric |
| Cooling | CentralAir,CeilingFans,Electric |
| Utilities | CableAvailable |
| Possession | CloseOfEscrow,SubjectToTenantRights |
| Roof | Shingle |
| Exterior Features | Deck,Fence,Other,Patio,Storage |
| HOA | 0.0 |
| Patio/Porch Features | Deck,Patio |
| Architectural Style | Other,TwoStory |
| Pool Features | Concrete,InGround,ScreenEnclosure,SeeRemarks |
| Construction Materials | VinylSiding,WoodFrame |
| Pets Allowed | Call,Conditional |
| Year Built | 1988 |
| Tenant Pays | ApplicationFee,CableTV,Electricity,Internet,Telephone |
| Stories | 2 |
| Levels | Two |
| Unit Number | 1-4 |
| Property SubType | Quadruplex |
| Tax Year | 2023 |
| Waterfront Features | None |
| Community Features | NonGated |
| County | Lee |
| Net Operating Income | 67800.0 |
| Operating Expense | 18763.0 |
| New Construction | No |
| Property Type | ResidentialIncome |
| Association Amenities | Other |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Subdivision Name | CAPE CORAL |
| Garage Y/N | No |
| Status | Active |
| Directions | SE Cape Coral - just SE of Santa Barbara and Nicholas Pkwy. |
| City | CAPE CORAL |
| Land Lease Amount | 0.0 |
| View Y/N | No |
| Senior Community Y/N | No |
| Zoning Description | R3-D |
| NumberOfUnitsTotal | 4 |
| MLS Area | CC14 - Cape Coral Unit 16,18,22- |
| Lot Size Units | Acres |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 11063.0 |
| Home Warranty Y/N | No |
| Property Condition | Resale |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 31 |
| Structure Type | Quadruplex |
| Standard Status | Active |
| Property Sub Type Additional | Quadruplex |
| MobileHomeRemainsYN | No |
| PostalCity | CAPE CORAL |
| Legal Description | CAPE CORAL UNIT 24 BLK 1023 PB 14 PG 65 LOTS 13 14 + 15 |
| Condo Fee | 0.0 |
Interior Features
| Flooring | Carpet,Tile |
|---|---|
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Window Features | SingleHung,Sliding |
| Fireplace Y/N | No |
| Full Baths | 6 |
| Total Bedrooms | 7 |
| Electric On Property Y/N | No |
| Total Baths | 6 |
Exterior Features
| Lot Features | Multiplelots,OversizedLot |
|---|---|
| Water Source | AssessmentPaid,Public |
| Lot Size Area | 0.386 |
| Horses | No |
| Spa | No |
| Irrigation/Water Rights | No |
| Building Area Total | 3720.0 |
| Lot Dimensions | 141 x 120 x 141 x 120 |
| Lot Size Acres | 0.386 |
| Road Surface Type | Paved |
| Lot Size Source | Appraiser |
| Covered Spaces | 0.0 |
| Crops Included Y/N | No |
| Road Responsibility | PublicMaintainedRoad |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
| LotDimensionsSource | Appraiser |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 33990
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on June 28, 2024 11:36 PM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
