1418 Southeast 8th Terrace
$1,365,000
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Description
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...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.
- Listed by Cliff Glansen • Flatfee.com
Property Details for 1418 Southeast 8th Terrace
Building Design
Low Rise (1-3)
WaterfrontNo
Waterfront DescNone
Waterfront DescNone
ViewNone/Other
LISTING UPDATED: 08/23/2024 03:09 PM
Property Details for 1418 Southeast 8th Terrace
Status | Active |
---|---|
MLS # | 224069517 |
Days on Market | 96 |
Taxes | $10,698 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial Sale / Multi Family |
Year Built | 1979 |
Lot Size | 0.46 AC / 20,037 SF |
County | Lee County |
Building Information for 1418 Southeast 8th Terrace
Stories1Residences-Year Built1979Building Size-Lot Size0.46 AC / 20,037 SF
Property Information for 1418 Southeast 8th Terrace
Property History for 1418 Southeast 8th Terrace
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1418 Southeast 8th Terrace
Taxable ValueLand$173,010Additions$407,188Total$580,198
Tax Record2023$10,698 ($892 / month)
Home Facts
Total Finished SqFt6,622 SqFtAbove Grade Finished SqFt6,622 SqFtStories1Lot Size20,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1979Year Renovated1984ZoningP1-DCountyLEEAPN19-44-24-C2-00798.0220
Schools near 1418 Southeast 8th Terrace
This home is within Lee.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 5 | |||
Public - | PK to 5 | |||
Public - | PK to 5 |
Rating | School | Distance |
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Hector A. Cafferata Jr Elementary School PublicPK to 5 | ||
Tropic Isles Elementary School PublicPK to 5 | ||
Hancock Creek Elementary School PublicPK to 5 | ||
Caloosa Elementary School PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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