Overview

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  • Status: Sold
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 4,506 ft2/418.62 m2
  • Price Per: $514.87 ft2/$5,542.01 m2
  • Type: Commercial/Investment
  • Built: 1998
  • HOA: No info
  • MLS Number: 222084601
  • View No info
  • On Site: 389 days
  • Updated: 389 Days Ago
  • Page Views: 0

This offering presents the opportunity to acquire 24th Ave Apartments, a fully occupied, 8-unit multi-family investment located in Cape Coral, Florida. This property offers a unit mix of (4) three bedroom apartments and (4) two bedroom apartments, each unit with (2) full bathrooms. Each three bedroom unit is a spacious 1,212 square and two bedroom units 1,041 square feet. All units offer low maintenance tile floors throughout, screened-in lanai, in-unit laundry rooms for full size washer, dryer and storage. Capital Improvements include new roof installation on both buildings (2019), all 8 units with updated HVAC & Air conditioning systems (2020), full exterior & parking lot painting (2022). There are 17 parking spaces on-site. All units are individually metered (water & electricity) for minimal landlord expenses. Fully leased, with strong local rental growth and opportunity for future rental income increase. Property is not in a flood zone and did not sustain hurricane damage.

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Price History

DateEventPriceChange RatePrice Per
N/APrice Reduced$2,320,000.007.2%$514.87 ft2/$5,542.01 m2
11/29/2022Listed$2,500,000.00$554.82 ft2/$5,971.99 m2

Features

Property Details for 35 SE 24th, Cape Coral, FL 33990

Commercial/Investment current status is Sold, 35 SE 24th is a Commercial/Investment in , Cape Coral, FL 33990 with property MLS ID# 222084601. This Commercial/Investment has been listed on Best of Luxury Realty since April 03, 2023 and is currently priced at 2,320,000. This property was built in 1998.
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Tracey Schmitt
Tracey Schmitt, Broker
Best of Luxury Realty
Phone: (305) 407-1657

Tracey Schmitt is the principal Broker for Best of Luxury Realty, a boutique real estate brokerage, serving Miami-Dade, Broward & Palm Beach counties. Her motto is "100% Loyalty, 100% of the Time!" Tracey and her team of real estate professionals are ready to assist whether you are looking to Buy or to Sell, we would like to earn your business!

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This property is courtesy of the Beycome of Florida LLC. This listing has been viewed 0 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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