Off-Market Condo at 1118 SW 48th Ter, Cape Coral, FL 33914

1118 SW 48th Ter, Cape Coral, FL 33914

Unit - #103

$249,900

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $106 per day and long-term for an average of $1,653 per month, based on similar listings in the area. Estimated short-term cap rate of 4.9%. Estimated long-term cap rate of 0.5%. Your private Florida retreat awaits! This stunning, fully FURNISHED 2-bedroom, 2-bathroom condo in the highly sought-after Villa De Vern community offers deep water Gulf access and is just minutes from the vibrant dining, shopping, and entertainment at Cape Harbor. Whether you're looking for a profitable rental or a peaceful getaway, this condo is a perfect choice. The spacious, open floor plan features generously sized rooms and is flooded with natural light, creating a warm, inviting atmosphere. Step outside to your lanai and admire the boat slip just beyond, adding the perfect touch to your waterfront living experience. You’re also just steps away from community pool, offering breathtaking views – the perfect spot to unwind after a day on the water or exploring nearby attractions. New kitchen, and bathroom vanities and flooring throughout. The HOA has lovingly maintained the complex, ensuring it stands out in the community. Recent updates include freshly painted buildings, covered carport parking, outdoor storage, and upgraded lighting. This is a rare opportunity to own a slice of Florida paradise—whether as an investment property or your very own private haven. Don’t let this one slip away!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$2634
Bedrooms
2
Bathrooms
2
SQFT
1,313
Furnished
N/A
Year built
1982
Listing Status
Off Market
MLS
225013788

Short-term Rental Potential
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$30,936

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$190

Price/SQFT

Long-term Rental Potential
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$19,836

Revenue
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Profit
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Cap rate
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Cash on Cash
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$1,653/mo

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