937 Southeast 23rd Place, Unit 15

Cape Coral, FL 33990

$1,250,000
Price
10
Beds
5
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

This offering presents the opportunity to acquire 23rd Place Apartments, a fully occupied, 5-unit multi-family investment located in Cape Coral, Florida (1 of the fastest growing cities in America, ranked by multiple publications) This property offers a unit mix of (2) bedroom/ (1) bathroom apartments, each unit a spacious 945 sf up to 1,010 sf, for a building total of 4,957 square feet. All units offer low maintenance tile or LVP floors throughout, screened-in lanai, individual laundry rooms for...This offering presents the opportunity to acquire 23rd Place Apartments, a fully occupied, 5-unit multi-family investment located in Cape Coral, Florida (1 of the fastest growing cities in America, ranked by multiple publications) This property offers a unit mix of (2) bedroom/ (1) bathroom apartments, each unit a spacious 945 sf up to 1,010 sf, for a building total of 4,957 square feet. All units offer low maintenance tile or LVP floors throughout, screened-in lanai, individual laundry rooms for full size washer, dryer and storage. All units are individually metered (water & electricity) for minimal landlord expenses. Capital Improvements in 2023 include brand new roof, full exterior paint, parking lot sealing and striping, air conditioning and plumbing upgrades. Interiors include all new vanities, fresh interior paint, misc plumbing, electrical and other hardware upgrades. The building comes turn-key, fully leased, all tenants on 12-month leases. There is strong local rental growth and opportunity for future rental income increases to market. There are 8 parking spaces on-site.
  1. Listed by Steven Koleno • Beycome of Florida LLC

Property Details for 937 Southeast 23rd Place, Unit 15

Area
CC14 - Cape Coral Unit 16,18,22-
Sub Condo Name
CAPE CORAL
Waterfront
No
Waterfront Desc
None

Location

Listing Courtesy of Beycome of Florida LLC, Steven Koleno
Add your commute
LISTING UPDATED: 04/23/2024 11:55 AM

Property Details for 937 Southeast 23rd Place, Unit 15

StatusPending
MLS #224027974
Days on Market29
Taxes$7,038 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Ranch
Year Built1979
Lot Size0.39 AC
CountyLee County

Location

Listing Courtesy of Beycome of Florida LLC, Steven Koleno
Add your commute

Building Information for 937 Southeast 23rd Place, Unit 15

Building Size-Lot Size0.39 AC

Payment Calculator

$7,408 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,822

Property Taxes

$587

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 937 Southeast 23rd Place, Unit 15

Summary
Location and General Information
  • Amenities: None
  • Pets: With Approval
  • Status Type: Resale Property
Parking
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: 0
  • Garage: No
HOA and Fees
  • HOA Desc: Yes
  • Tax Annual Amount: $7,037.63
Interior and Exterior Features
Interior Features
  • Living Area Units: Square Feet
  • Elevator: None
  • Flooring: Laminate, Tile
  • Private Pool: No
  • Private Spa: No
  • Baths Full: 5
  • Bathrooms: 5
  • Bedrooms Total: 10
  • Fireplace: No
  • Foundation Details: Concrete Block
Exterior Features
  • Exterior Finish: Concrete Block
  • Roof: Shingle
Property Information
Utilities
  • Cooling: Central Electric
  • Cooling YN: Yes
  • Heat: Central Electric
  • Heating YN: Yes
  • Irrigation: Other
  • Water: Assessment Paid
Lot Information
  • Structure Type: Quadruplex
  • Unit Count: 0
Rental
Rental Information
  • Horse: No
  • Lease Term: Buyer Finance/Cash

Property History for 937 Southeast 23rd Place, Unit 15

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 937 Southeast 23rd Place, Unit 15

Taxable ValueLand-Additions-Total-
Tax Record2018$5,303 ($442 / month)
Home Facts
Total Finished SqFt4,868 SqFtAbove Grade Finished SqFt4,868 SqFtStories1Lot Size16,814 SqFtStyleMulti-Family Res (5+ Units)Year Built1979Year Renovated1980ZoningR3-DCountyLEEAPN204424C2013990030

Schools near 937 Southeast 23rd Place, Unit 15

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
Hancock Creek Elementary School
PublicPK to 5

Tropic Isles Elementary School
PublicPK to 5

Hector A. Cafferata Jr 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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Listing Courtesy of Beycome of Florida LLC, Steven Koleno

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.