Off-Market Condo at 1016 SW 48th Ter, Cape Coral, FL 33914

1016 SW 48th Ter, Cape Coral, FL 33914

Unit - #106

$340,000

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 $1,597 per month, based on similar listings in the area. Estimated short-term cap rate of 0.2%. Estimated long-term cap rate of -1.9%. Stunning 2-Bedroom, 2-Bathroom Waterfront Condo with Gulf & Sailboat Access! This completely upgraded waterfront condo offers the perfect blend of luxury, comfort, and convenience. With breathtaking views and direct access to the Gulf, you’ll enjoy an unparalleled lifestyle in this slice of paradise. Key Features: Waterfront Location: Enjoy the tranquility of sailboat access and exceptional fishing opportunities just steps from your front door. Storm-Resistant & Stylish: The condo features crystal-clear plexiglass windows with roll-down shutters for added storm protection and peace of mind. Upgraded Interiors: Waterproof, ridged vinyl flooring flows seamlessly throughout the home, complemented by baseboard and crown molding, creating a modern and sophisticated atmosphere. Freshly Renovated: New drywall texture, paint, and finish on walls, ceilings, brand new roof, new AC Unit and new doors make this home feel brand new. Custom Bathrooms: Both bathrooms boast beautifully custom-tiled showers, upgraded vanities, new toilets, and high-end plumbing fixtures. Light & Bright: New light fixtures and ceiling fans enhance the space with bright, airy appeal. Enhanced Accessibility: New door knobs, door hinges, and electrical outlets add extra functionality and ease of living. Perfectly located just 5 minutes from fantastic restaurants, live music venues, and 10 minutes from the yacht club, this condo provides the ultimate in both relaxation and entertainment. Whether you're an avid fisherman, a dolphin lover, or someone who enjoys waterfront living at its finest, this is the home for you. Don’t miss your chance to own this extraordinary condo in a beautiful, peaceful paradise!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$4075
Bedrooms
2
Bathrooms
2
SQFT
1,166
Furnished
N/A
Year built
1985
Listing Status
Off Market
MLS
225025986

Short-term Rental Potential
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$26,568

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$291

Price/SQFT

Long-term Rental Potential
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$19,164

Revenue
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Profit
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Cap rate
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Cash on Cash
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$1,597/mo

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