Off-Market Condo at 1519 Cape Coral Pkwy W, Cape Coral, FL 33914

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $130 per day and long-term for an average of $1,807 per month, based on similar listings in the area. Estimated short-term cap rate of 10.5%. Estimated long-term cap rate of 4.8%. WHAT AN ABSOLUTE DEAL IN MAYBE THE MOST SOUGHT AFTER AREA OF ALL CAPE CORAL, AND ONLY 4 MINUTES FROM BEAUTIFUL CAPE HARBOUR !!! MOVE-IN READY AND COMPLETELY REMODELED 2 Bedroom / 2 Bath unit with screened in Lanai and Carport !! Offered Partially Furnished with some great and stylish enhancements, this bright and airy unit is perfect for the seasonal resident or full-time condo owner. Notable Features include: All Impact Resistant Windows (2023) - New in 2023 Luxury Vinyl Flooring throughout - Neutral Paint Colors - Master Bedroom with Double Slider leading to rear Lanai - Crown Molding - Super Bright Remodeled Bathrooms - New in 2023 Modern Vanities w/Brushed Nickel Faucets and Handles - Showers Completely Updated w/Marble Look Wall Tiles - Walk In Closet in Master Bedroom - Spacious Kitchen has Ample Cabinets and Work Surfaces - All NEW in 2023 Range, Refrigerator, Dishwasher and Microwave - Additional Buffet with Overhead Cabinets ideal for your Coffee Bar - Double Bowl Stainless Steel Sink - Amana Washer & Dryer (2023) with transferable warranty to 2029 - HUGE In-Unit Laundry/Utility Room - Screened Front Door - EXTRA Chest Freezer stays- NEW HVAC (2023) - NEW Water Heater (2023). Hurricane Rated Doors AND Hurricane Rated Sliders make the unit so quiet - and freshly installed December 2024. All other 2023 Appliances have transferable warranties to 2027. Conveniently located near Publix, parks, dining and an easy drive to I-75 or SWFL International Airport. Come see this gem today, and you'll buy it tomorrow​​‌​​​​‌​​‌‌‌​​‌​​‌‌​‌‌‌​​‌‌​‌‌​ !!!!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$421
Bedrooms
2
Bathrooms
2
SQFT
946
Furnished
N/A
Year built
1986
Listing Status
Off Market
MLS
224094165

Short-term Rental Potential
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$32,484

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$200

Price/SQFT

Long-term Rental Potential
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$21,684

Revenue
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Profit
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Cap rate
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Cash on Cash
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$1,807/mo

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