429 Southwest 47th Terrace, Unit 14

Cape Coral, FL 33914

$1,200,000
Price
8
Beds
8
Baths
3,616 Sq. Ft.
$332 / Sq. Ft.
3,616
Sq. Ft.
$332
per Sq. Ft.

Description

Investment Opportunity. Location, Location, Location! All cape coral assessments paid. Discover this exceptional Remodeled quadruplex, ideally located in the sought-after heart of Cape Coral. This Quadraplex has a Newer Roof, Impact Windows and three out of the four units have been totally updated with modern fixtures, flooring, bathrooms and Kitchen. Each unit offers two Bedrooms(2) two(2) full baths, Washer/Dryer and a beautiful kitchen featuring all new Stainless Steel Appliances, Dishwasher,...Investment Opportunity. Location, Location, Location! All cape coral assessments paid. Discover this exceptional Remodeled quadruplex, ideally located in the sought-after heart of Cape Coral. This Quadraplex has a Newer Roof, Impact Windows and three out of the four units have been totally updated with modern fixtures, flooring, bathrooms and Kitchen. Each unit offers two Bedrooms(2) two(2) full baths, Washer/Dryer and a beautiful kitchen featuring all new Stainless Steel Appliances, Dishwasher, Fridge/Freezer, Microwave and a Cooktop stove. The fourth unit offers a blank canvas for customization, making this an even more lucrative investment opportunity. Each tenant can enjoy the serene canal views from their own screen in lanai, offering a tranquil atmosphere that enhances the living experience. This is a rare find for investors seeking the most sought after location in Cape Coral, FL plus the significant potential for generating income. Don’t miss out on this gem—schedule your showing today!
  1. Listed by Anca Garner • Reel Time Realty, LLC

Property Details for 429 Southwest 47th Terrace, Unit 14

Development
CAPE CORAL
Building Design
Quadraplex
Community Type
Non-Gated
Waterfront
Yes
Waterfront Desc
Canal Access, Seawall
Waterfront Desc
Canal, Seawall
View
None/Other
LISTING UPDATED: 12/02/2024 04:19 PM

Property Details for 429 Southwest 47th Terrace, Unit 14

StatusActive
MLS #224083168
Days on Market51
Taxes$8,214 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1984
Lot Size0.23 AC / 10,018 SF
CountyLee County

Building Information for 429 Southwest 47th Terrace, Unit 14

Stories2Residences4Year Built1984Building Size-Lot Size0.23 AC / 10,018 SF

Property Information for 429 Southwest 47th Terrace, Unit 14

Summary
Location and General Information
  • City: Cape Coral
  • Human Modified: No
  • Latitude: 26.56
  • Longitude: -81.98
  • MLS Area Major: CC21 - Cape Coral Unit 3,30,44,6
  • Pets: Not Allowed
  • Postal Code: 33914
  • Street Direction Prefix: SW
  • Street Name: 47th
  • Street Number: 429
  • Street Suffix: TER
  • Block: 1705
  • Unit Number: 1-4
  • Full Address: 429 SW 47th TER 1-4
Parking
  • Covered Spaces: .00
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • Association Fee Total Frequency: Annually
  • Association Fee 2: $.00
  • Tax Annual Amount: $8,214.20
  • Tax Year: 2023
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Development Name: CAPE CORAL
  • Parcel Number: 11-45-23-C4-01705.0150
  • Property Type: Residential Income
  • Section: 11
  • Lot Unit: 15
  • Source of Measure Lot Dimensions: Appraiser
  • Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Dimensions: 80 x 125 x 80 x 125
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: CAPE CORAL UNIT 44 BLK 1705 PB 21 PG 106 LOTS 15 + 16
Property and Assessments
  • Total Area: 3616.0
  • Possession: Close Of Escrow
  • Property Condition: Resale
  • Property Sub Type: Quadruplex
  • Township: 45
  • Range: 23E
  • Special Assessment: 0.00
  • Sub Condo Name: NOT APPLICABLE
  • Year Built Numeric: 1984
  • Property Sub Type Additional: Quadruplex
  • Zoning Code: R3-W
Lease Information
  • Land Lease Fee: $.00
  • Lease Amount Per Area Unit: Dollars Per Square Foot
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: Assessment Paid
  • Utilities: Cable Available
  • Water Source: Assessment Paid
  • Water: Assessment Paid
Multi Family
Multi-Family Information
  • Gross Rental Income: $80,000.00
  • Annual Net Operating Income: $.00
  • Annual Food And Beverage Minimum: 0.00
  • Number Of Units Total: 4
  • Annual Expenses: $.00
  • Other Fee: $.00
  • Stories: 2.0
  • Units in Building: 4
Unit 1 Information
  • Monthly Gross Income: $1,350.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Description: Balcony,Laundry in Residence,Screened Balcony,Screened Lanai/Porch,Cable Available,Ceiling Fan(s),Dishwasher,Dryer,Freezer,Microwave,Refrigerator,Smoke Detector,Washer,Washer/Dryer Hookup
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 1350
  • Unit Type Type: Two Bedroom
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 904.0
Unit 2 Information
  • Monthly Gross Income: $1,700.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Description: Balcony,Laundry in Residence,Screened Balcony,Screened Lanai/Porch,Cable Available,Dishwasher,Dryer,Freezer,Microwave,Refrigerator,Smoke Detector,Washer,Washer/Dryer Hookup
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 1700
  • Unit Type Type: Two Bedroom
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 904.0
Unit 3 Information
  • Monthly Gross Income: $1,800.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Description: Laundry in Residence,Screened Balcony,Screened Lanai/Porch,Cable Available,Ceiling Fan(s),Dishwasher,Disposal,Dryer,Freezer,Microwave,Smoke Detector,Washer,Washer/Dryer Hookup
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 1800
  • Unit Type Type: Two Bedroom
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 904.0
Unit 4 Information
  • Monthly Gross Income: $1,800.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Description: Laundry in Residence,Screened Balcony,Screened Lanai/Porch,Cable Available,Ceiling Fan(s),Dishwasher,Disposal,Dryer,Freezer,Microwave,Refrigerator,Smoke Detector,Washer,Washer/Dryer Hookup
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 1800
  • Unit Type Type: Two Bedroom
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 904.0
Interior and Exterior Features
Exterior Features
  • Architectural Style: Two Story
  • Canal Width: Canal Width 31-80
  • Community Features: Non Gated
  • Construction: Poured Concrete, Concrete Block
  • Exterior Features: None
  • Exterior Features: None
  • Irrigation Source: Included In Assessment
  • Private Pool: No
  • Roof: Shingle
  • Structure Type: Quadruplex
  • Gulf Access Type: No Bridges, Water Direct
  • Gulf Access: Yes
  • Spa: No
Interior Features
  • Baths Full: 8
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 8.0
  • Beds Total: 8
  • Cooling: Ceiling Fans
  • Elevator Text Details: None
  • Flooring: Laminate
  • Heating: Central, Electric
  • Heating: Yes
  • Interior Features: High Speed Internet
  • Interior Features: High Speed Available
  • Levels: Two
  • Window Features: Impact Glass
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 429 Southwest 47th Terrace, Unit 14

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 429 Southwest 47th Terrace, Unit 14

Taxable ValueLand-Additions-Total-
Tax Record2019$7,065 ($589 / month)
Home Facts
Total Finished SqFt3,616 SqFtAbove Grade Finished SqFt3,616 SqFtStories2Lot Size10,019 SqFtStyleMulti-Family Res (5+ Units)Year Built1984Year Renovated1985ZoningR3-WCountyLEEAPN114523C4017050150

Schools near 429 Southwest 47th Terrace, Unit 14

This home is within Lee.
Rating
School
Type
Grades
Distance
Cape Elementary School
Public - PK to 5
Gulf Elementary School
Public - PK to 5
Skyline Elementary School
Public - PK to 5
Pelican Elementary School
Public - PK to 5
Rating
School
Distance
Cape Elementary School
PublicPK to 5

Gulf Elementary School
PublicPK to 5

Skyline Elementary School
PublicPK to 5

Pelican 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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More information about 429 Southwest 47th Terrace, Unit 14, Cape Coral, FL 33914

429 Southwest 47th Terrace, Unit 14 is a multi-family home for sale in Cape Coral, FL 33914. This property was listed for sale on October 18, 2024 by Reel Time Realty, LLC, it's currently listed at $1,200,000. It has been on the market for a total of 51 days and was last sold on December 23, 2022. This listing's school district is Lee. Nearby schools include Cape Elementary School, Gulf Elementary School and Skyline Elementary School. 429 Southwest 47th Terrace, Unit 14 is a 8-bed, 8-bath, 3,616 sqft multi-family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Reel Time Realty, LLC, Anca Garner

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