Active

1319 SE 40th TER

CAPE CORAL FL, 33904

$3,500,000


$297.62 per sqft

Active

16 Beds

20 Baths

11,760 sqft

Multi-family

Built in 2008

Exceptional Investment Opportunity! Presenting a stunning multi-family property consisting of 8 spacious townhomes nestled along a serene gulf access waterfront canal. Enjoy the allure of waterfront living combined with the luxury of a private pool, wet slips, and great location hence making this property an irresistible gem. Each townhome boasts 2 bedrooms, 2 1/2 baths providing residents with comfortable and modern living spaces and a 1 car garage. The picturesque waterfront location offers breathtaking views, tranquil moments, and a sense of exclusivity for residents. Whether you're an investor looking for strong cash flow or an owner-occupant seeking a dynamic living experience, this property delivers on both fronts. With a proven history of positive cash flow, it's a savvy investment opportunity that's hard to match. Easy access to restaurants, open water, and Fort Myers ensures that residents enjoy the best of both worlds--peaceful waterfront living and urban connectivity. Don't miss out on this rare chance to own a multi-family property. Schedule your viewing today and take the first step towards securing a unique and rewarding investment!

223057746

MLS ID

August 25, 2023

Listed

March 14, 2024

Updated

Map

1319 SE 40th TER
CAPE CORAL FL, 33904

Interior Features

Total Stories

2


Bedrooms

16


Total Bathrooms

20


Floor Description

Carpet, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Electric


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

0.46 Acres


Exterior Features

Other


Lot Features

Oversized Lot


Architectual Style

Two Story


Roof

Tile


Sewer

Public Sewer

Other Property Details

Area Name

CC12 - Cape Coral Unit 7-15


Taxes

$22,772


Tax Frequency

Annually


Days on Market

181


Association Amenities

Pool, Boat Slip, Spa/Hot Tub


Garage

No


View

No


County

Lee


Water Source

Public


Pool

No


Pool Features

Community


Waterfront

Yes


Buyer Agency Compensation

1.5%

Listed by Nick Grabowski, Schooner Bay Realty, Inc.

Listing Contact: 239-872-9494 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Current Coastal Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 7:34 PM UTC, 3/14/2024

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