Sold
35 SE 24th AVE
CAPE CORAL FL, 33990
$2,320,000
$484.04 per sqft
Sold
4,793 sqft
Commercial
Built in 1998
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.
222084601
MLSⓇ ID
November 29, 2022
Listed
February 15, 2024
Updated
Map
35 SE 24th AVE
CAPE CORAL FL, 33990
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.24 Acres
Other Property Details
Taxes
$6,942
Tax Frequency
Annually
Association Fee
Not Listed
Garage
No
View
No
County
Lee
Pool
No
Zoning
R3-D
Buyer Agency Compensation
2%
Courtesy of Steven Koleno, Beycome of Florida LLC
The IDX display contains information sourced from the Naples Area Board of REALTORS® as of 2/15/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2024 Naples Area Board of REALTORS® All rights reserved.
Data last updated 8:56 PM UTC, 2/15/2024
