Pending

$1,700,000

4826 SW 29TH AVE #1-4, CAPE CORAL, FL 33914

5,447 Sq.Ft.

Property Description

Under contract-accepting backup offers. One or more photo(s) has been virtually staged. **MOTIVATED SELLER***A RARE OPPORTUNITY-Serenity Condos; 4 individual condos each with 2 bed/ 2 bath- with an ~11% CAP RATE***RENOVATED KITCHENS- NEW SALT WATER POOL SYSTEM-3 BOAT SLIPS-NEW METAL ROOF. 1/2 ACRE LOT with GULF ACCESS and 120ft of seawall, BOAT DOCK, 10,000lb BOAT LIFT & CANOPY, most desirable waterways in Cape Coral with unobstructed, water and sunset views across the 200ft wide canal. Make this your prime waterfront INVESTMENT OR HOME. Common area features LAUNDRY area for building, potential GYM/LOUNGE area with half bath, PLUS STORAGE UNITS! Head off the dock to Sanibel, Captiva, or Ft Myers Beach. 4 SEPARATE ELECTRIC METERS-4 WATER METERS-HOA OWNED BY OWNER- Potential annual, seasonal, weekly rentals in a great neighborhood!- Each unit has legal parcel id & is taxed separately. NEW OWNER COULD CHARGE HOA FEES- WON'T LAST LONG.

Under contract-accepting backup offers. One or more photo(s) has been virtually staged. **MOTIVATED SELLER***A RARE OPPORTUNITY-Serenity Condos; 4 individual condos each with 2 bed/ 2 bath- with an ~11% CAP RATE***RENOVATED KITCHENS- NEW SALT WATER POOL SYSTEM-3 BOAT SLIPS-NEW METAL ROOF. 1/2 ACRE LOT with GULF ACCESS and 120ft of seawall, BOAT DOCK, 10,000lb BOAT LIFT & CANOPY, most desirable waterways in Cape Coral with unobstructed, water and sunset views across the 200ft wide canal. Make this your prime waterfront INVESTMENT OR HOME. Common area features LAUNDRY area for building, potential GYM/LOUNGE area with half bath, PLUS STORAGE UNITS! Head off the dock to Sanibel, Captiva, or Ft Myers Beach. 4 SEPARATE ELECTRIC METERS-4 WATER METERS-HOA OWNED BY OWNER- Potential annual, seaso...

Interior

Flooring

Luxury Vinyl, Tile

Appliances

Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator

Other Interior Features

Living Room/Dining Room Combo, Open Floorplan

Area & Lot

Lot Size

0.41 Acres

MLS® ID

T3490477

Type

Multi-Family

Year Built

1983

Water Frontage

['Intracoastal Waterway']

Exterior & Building

Stories

2

Water Source

Public

Utilites

Cable Available, Electricity Connected, Sewer Connected, Water Available

Pool

Heated, In Ground, Salt Water

Roof

Metal

Heat Type

Central

Air Conditioning

Central Air

Sewer

Public Sewer

Substructure

Slab

Other Exterior Features

Balcony, Irrigation System, Lighting, Rain Gutters, Storage

Finance

Reduced Price

Price Upon Request

Real Estate Taxes

$3,541/yr

Zoning

R1