1319 Se 40th Ter, CAPE CORAL

$3,500,000

16 Beds
24 Baths
.46 Acres
0 Garages

Exceptional Investment Opportunity! Presenting a stunning multi-family property consisting of 8 spacious townhomes nestled along a serene gulf access waterfront canal. Enjoy the allure of waterfront living combined with the luxury of a private pool, wet slips, and great location hence making this property an irresistible gem. Each townhome boasts 2 bedrooms, 2 ½ baths providing residents with comfortable and modern living spaces and a 1 car garage. The picturesque waterfront location offers breathtaking views, tranquil moments, and a sense of exclusivity for residents. Whether you're an investor looking for strong cash flow or an owner-occupant seeking a dynamic living experience, this property delivers on both fronts. With a proven history of positive cash flow, it's a savvy investment opportunity that's hard to match. Easy access to restaurants, open water, and Fort Myers ensures that residents enjoy the best of both worlds—peaceful waterfront living and urban connectivity. Don't miss out on this rare chance to own a multi-family property. Schedule your viewing today and take the first step towards securing a unique and rewarding investment!

Essential Information
MLS® #223057746
Price$3,500,000
Bedrooms16
Bathrooms24.00
Full Baths16
Half Baths8
Acres0.46
Year Built2008
TypeIncome
Sub-Type2 Story,Quadruplex
StyleTwo Story, Quadraplex
StatusActive
Community Information
Address1319 Se 40th Ter
AreaCC12 - Cape Coral Unit 7-15
SubdivisionCAPE CORAL
CityCAPE CORAL
CountyLee
StateFL
Zip Code33904
Amenities
Is WaterfrontYes
WaterfrontCanal
PoolCommunity
Amenities

Community Boat Slip, Pool, Spa/Hot Tub

Interior
HeatingCentral Electric
CoolingCentral Electric
Exterior
ExteriorConcrete Block, Stucco
Lot DescriptionOversize
RoofTile
ConstructionConcrete Block, Stucco
Additional Information
Date ListedAugust 25th, 2023
ZoningR3-W
Listing Details
OfficeSchooner Bay Realty, Inc.
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