Cape Coral, FL 33990 1418 SE 8th Terrace

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Presented By: Flatfee.com
  • MLS# 224069517
  • 08/23/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.

Home Details

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.
Presented By: Flatfee.com

Interior Features for 1418 SE 8th Terrace

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories1

General for 1418 SE 8th Terrace

Additional Parcels Y/NNo
Architectural StyleLowRise
Attached Garage No
Carport Y/NNo
CityCAPE CORAL
Condo Fee0.0
CountyLee
Days on Market
DirectionsViscaya Pkwy to Del Prado Blvd To SE 8th Terrace
Electric On Property Y/NNo
Garage Y/NNo
HOA0.0
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Amount0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionCAPE CORAL UNIT 22 BLK 798 PB 14 PG 16 LOTS 22 THRU 25
Lot Size UnitsAcres
MLS AreaCC14 - Cape Coral Unit 16, 18, 22-
MobileHomeRemainsYNNo
New ConstructionNo
PostalCityCAPE CORAL
Property SubTypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Tax Annual Amount10698.49
Tax Year2023
UtilitiesElectricityAvailable, PhoneAvailable, SewerAvailable, TrashCollection, WaterAvailable
View Y/NNo
Waterfront FeaturesNone
Waterfront Y/NNo
Year Built1979
Zoning DescriptionP1-D

Exterior for 1418 SE 8th Terrace

Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
HorsesN
Irrigation Water Rights Y/NNo
Irrigation/Water RightsN
Lot Size Acres0.46
Lot Size Area0.46
Lot Size SourceAppraiser
Open Parking Y/NNo
SpaNo

Additional Details

Price History

Worth Clark

Price $1,365,000
MLS#224069517
List Date 08/23/2024
Property Type Commercial
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