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$650,000
4427 Se 16th Pl 1-4, Cape Coral, FL 33904
0 Beds
0 Baths
5,440 sqft

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Located in SE Cape Coral, this 4 unit concrete block multi tenant building is fully leased, Rents are well below market with tremendous potential and upside since the tenants are on a month to month basis or on short term leases (gross income is $45,798.96 annually) or $8.41 psf average. New roof in September of 2016, Zoned SC with a Land Use of DM, DOR Code is one story office / 17, in Flood Zone AE-7, City water, sewer, irrigation assessments are paid in full. Constructed in 1990. This opportunity is ideal for a 1031 TDE, owner user or investor.
  • Price:
  • $650,000
  • Square Footage:
  • 5,440
  • Acreage:
  • 0.30
  • Year Built:
  • 1990
  • Listing ID #:
  • 221005844
  • Street Address:
  • 4427 Se 16th Pl 1-4
  • City:
  • Cape Coral
  • State:
  • Florida
  • Postal Code:
  • 33904
  • County:
  • Lee
  • Community:
  • Cc12 - Cape Coral Unit 7-15
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Building Condition:
  • Resale
  • Stories:
  • 1
  • Total Building Square Footage:
  • 5440
  • Year Built:
  • 1990
  • Business Type:
  • Professional/Office, Warehouse
  • Approximate Lot Size Range Source:
  • Appraiser
  • Existing Land Use:
  • Office
  • Lot Size:
  • 0.3
  • Zoning Description:
  • Sc
  • Days On Market:
  • 145
  • On Market Date:
  • 2021-01-24
  • Originating Mls:
  • Swfl
  • Street Direction Prefix:
  • Se
  • Street Type:
  • Place
  • Property Taxes:
  • $4,512
  • Tax Year:
  • 2020
  • Has Central Air Conditioning:
  • Yes
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Phil Deems Real Estate
  • The source of the foregoing property information is a database compilation of an organization that is a member of the Southwest Florida Multiple Listing Service. Each Southwest Florida Multiple Listing Service member organization owns the copyright rights in its respective proprietary database compilation, and reserves all such rights. Copyright Ā© 2013. The foregoing information including, but not limited to, any information about the size or area of lots, structures, or living space, such as room dimensions, square footage calculations, or acreage is believed to be accurate, but is not warranted or guaranteed. This information should be independently verified before any person enters into a transaction based upon it.

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