1418 SE 8th TER Active Save Request In-Person Tour Request Virtual Tour
Cape Coral,FL 33990
Key Details
Property Type Multi-Family
Sub Type Multi-Family: Low Rise (1-3 Floors)
Listing Status Active
Purchase Type For Sale
MLS Listing ID 224069517
Originating Board Florida Gulf Coast
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-
Zoning P1-D
Direction Viscaya Pkwy to Del Prado Blvd To SE 8th Terrace
Interior
Inclusions Other See Remarks
Exterior
Utilities Available Electricity Available,Phone Available,Sewer Available,Trash Removal,Water Available
Waterfront Description None
Total Parking Spaces 160
Private Pool No
Building
Faces Viscaya Pkwy to Del Prado Blvd To SE 8th Terrace
Others
Tax ID 19-44-24-C2-00798.0220