Date
Details
Price
Change
Source
12/07/2025
Listed
$799,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
I am thrilled to share an exceptional investment opportunity with you-a well maintained 8-Plex that is currently fully occupied SW Cape. (Gold Coast West-Professionally Managed - No age restrictions) This property is a true gem, offering both stability and considerable upside potential and low HOA fees. Situated in a single building, the 8-Plex includes eight units, with the seller owning five out of the eight. The layout has been thoughtfully designed around a private central courtyard, complete with a charming and functional solar heated pool. Imagine walking through the breezeway to find your own private oasis, featuring picnic tables and a privately fenced yard, perfect for gatherings or quiet enjoyment. Each of the five spacious units within the property each boasts 2 bedrooms and 2 bathrooms, providing ample space for tenants. The convenience of in-unit laundry adds an extra layer of appeal. The units feature either tile flooring throughout or luxury vinyl, ensuring durability and ease of maintenance. Additionally, screened lanais extend the living space outdoors, creating a delightful and versatile environment for tenants. Recent capital improvements have been made, ensuring peace of mind for any potential investor. Each unit has been updated, showcasing the added value potential for future renovations. Building also has been freshly painted. Less than a mile from Cape Harbour Marina, with great restaurants, shopping and boating. This property offers a rare opportunity in today's market, blending turnkey income, long-term appreciation, and prime rental appeal. Properties like this seldom hit the market, so don't hesitate-seize this ideal investment opportunity today!
Full Property Details
Full Property Details for 1429 SW 48th Terrace #3-7
General
- Price: $799,999
- Taxes: $10,970 (2024)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 2025023659
- Updated: 1/2/2026
- Added to Site: 42 day(s) ago
Rental Information
- Lease/Rent Term: 120
- Min. Lease (Days): 120
Interior
- Interior Features: Family Room, Guest Bath, Guest Room
- Appliances: Electric Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
- Furnishings: Unfurnished
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 10
- Full Bathrooms: 10
- Primary Bathroom: Shower Only
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Dining Room: Breakfast Bar, Dining - Living
- Laundry: Washer/Dryer Hookup, Inside
Additional Information
- Shared Amenities: Pool, Non-Gated
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Concrete, Solar Heat
- Security/Safety: Smoke Detector(s), Smoke Detectors
Exterior
- Exterior Features: Grill - Other, Courtyard, Privacy Wall
- Porch/Patio/Deck: Screened Lanai/Porch, Patio
Parking
- Parking Features: 1 Assigned, Common, Paved
Location
- Area: CC21 - Cape Coral Unit 3, 30, 44, 6
- County: Lee
- Subdivision: CAPE CORAL
- Building Name: CAPE CORAL
- Driving Directions: Cape Coral Parkway go south on Chiquita, turn left 1st street which is SW 48th Street. Condo on the left.
- Direction Faces: South
School Information
- Elementary School: OASIS
- Middle School: OASIS
- High School: OASIS
Community
- Association: Yes
- Assoc. Fees Include: Trash
- Units Assoc/Comm: 8
- Pets Allowed: Yes
- Management Type: Professional
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Assessment Paid
- Water: Assessment Paid
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Architectural Style: See Remarks
- Description/Design: Low Rise (1-3)
- Exterior Const.: Concrete Block, Stucco
- Roof: Shingle
- Common Walls: Corner, End Unit
- Windows: Double Hung
- Entry Floor Number: 1
- Stories/Levels: 2
- Stories in Building: 2
- Square Feet: 980
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 980 Sq. Ft.
- Year Built: 1984
Lot Features
- Property View: Landscaped Area
- Lot Size (Acres): 0.0895
- Lot Size (Sq. Ft.): 3,898
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 120 x 120 x 91 x 91
- Frontage: Public Road
- Frontage Feet: 120
- Street/Road Desc.: Paved
- Fence: Yes
- Irrigation System: Assessment Paid
- Lot Features: Regular
- Lot Description: Regular
- Fencing (Description): Fenced
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Other Assoc Fees: $490
- Application Fee: $175
- Other Fee Freq.: Monthly
- Tax Amount: $10,970
- Tax Year: 2024
- Terms: Buyer Finance/Cash, VA Loan
Disclosures and Reports
- Ownership: Condo
- Legal Description: GOLD COAST WEST CONDO OR 1711 PG 1665 UNIT 3
- Property ID: 15-45-23-C1-01600.0030
Listed by EXP Realty LLC
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Listing agents
— 1429 SW 48th Terrace #3-7 —
EXP Realty LLC
EXP Realty LLC
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1429 SW 48th Terrace #3-7
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Gulf Elementary School 3400 Southwest 17th Place, Cape Coral, FL 33914 | K-5 | 2 mi |
Pelican Elementary School 3525 Southwest 3rd Avenue, Cape Coral, FL 33914 | K-5 | 2.2 mi |
Cape Elementary School 4519 Vincennes Boulevard, Cape Coral, FL 33904 | K-5 | 3.5 mi |
Gulf Middle School, Cape Coral, FL 1809 Southwest 36th Terrace, Cape Coral, FL 33914 | 6-8 | 1.8 mi |
Trafalgar Middle School 2120 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 4.1 mi |
Challenger Middle School, Cape Coral, FL 624 Trafalgar Parkway, Cape Coral, FL 33991 | 6-8 | 4.2 mi |
Ida S. Baker High School 3500 Agualinda Boulevard, Cape Coral, FL 33914 | 9-12 | 1.9 mi |
Cape Coral High School 2300 Santa Barbara Boulevard, Cape Coral, FL 33991 | 9-12 | 3.6 mi |
Mariner High School 701 Chiquita Boulevard North, Cape Coral, FL 33993 | 9-12 | 7.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1429 SW 48th Terrace #3-7
Tax History
Tax History for 1429 SW 48th Terrace #3-7
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
100%
2024
100%
100%
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1429 SW 48th Terrace #3-7
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Listed by Alison Pignotti
1429 SW 48th Ter #3-7, Cape Coral, FL 33914 (MLS# 2025023659) is a Single Family property with 6 bedrooms and 10 full bathrooms. 1429 SW 48th Ter #3-7 is currently listed for $799,999 and was received on December 07, 2025. Want to learn more about 1429 SW 48th Ter #3-7? Do you have questions about finding other Single Family real estate for sale in Cape Coral? You can browse all Cape Coral real estate or contact a Coldwell Banker agent to request more information.