Home » Cape Coral » 319 Nicholas Pkwy W, Cape Coral, FL 33991 | A11703361

Multi Family For Sale 319 Nicholas Pkwy W, FL 33991

$2,100,000

Property Highlights

Listing ID A11703361 Status of this Listing: Active For Sale Property Type Commercial Sale Multi Family Building Area 6,654 Sqft/618.18 m2 approx. Lot area 15,000 Sqft/1393.55 m2 approx. Year Built 2021 Waterfront Time of this property on Rebonus 8 Day(s)

319 Nicholas Pkwy W, Cape Coral, FL 33991

Property Description: Discover a prime investment opportunity in Cape Coral, FL! This stunning multifamily building, constructed in 2021, features six fully rented units with modern amenities and an unbeatable location. The property offers two unit types, (2) 2-bedroom, 2-bath units with 1,051 sq. ft. and (4) 2-bedroom, 2-bath units with a den and 1,139 sq. ft. Granite countertops, stainless steel appliances, washer/dryer and hard flooring throughout. Located on a canal with 12 parking spaces for tenant convenience. Proximity to lifestyle essentials such as schools, shopping centers, restaurants, entertainment, gyms, and parks. Situated just off Nicholas Parkway and Pine Island Road, this two-story property ensures excellent access and convenience. Don’t miss out on this meticulously maintained building.

Useful Info

Original List Price:$2,100,000
If Bank REO, Short Sale, As Is, etc.:
  • Corporate Listing (Corporate Owned Property)

Lease Details

Lease Terms Description:Annual Lease,Lease Renewal

Business Info

Gross Scheduled Income:126000
Financial Data Source:
  • Owner
  • Other

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • New Construction
Number of Buildings:1
Levels:Two
Construction Materials:
  • Block
Flooring:
  • Other
Structure Type:
  • Apartment
Stories:2
Road Frontage Type:
  • City Street

Property Features

Waterfront:Yes
Waterfront Features:
  • Canal Front
Security:
  • Smoke Detector(s)
  • Fire Sprinkler System
  • Other
Roof:
  • Other
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$14,354

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2024
Insurance Expense:$10,000

Terms

Documents Available:
  • Aerial
  • Ground Photo
  • Site Plan
  • Financials
  • Rent Rolls
  • Lease
  • Contract(s)
  • Building Plans
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Lease Term:
  • 12 Months
Tenant Pays:
  • Exterior Electric
  • Electricity
  • Common Area Maintenance
  • Water
  • Sewer
  • Trash Collection
Lease Considered:No

Community

Senior Community:No
Development Status:
  • New Construction

Parking

Parking Total Spaces:12
Covered Spaces:0
Parking Features:
  • Assigned
  • Guest

Utilities

Number of Separate Electric Meters:0
Sewer:
  • Public Sewer
Water Source:
  • Public

More Details

Other Information:
Common Area Maintenance IncludesOutside Insurance,Real Estate Tax
Ref1097212050

Zoning and Legal

Tax Legal Description:CAPE CORAL UNIT 29 BLK 1957 PB 16 PG 13
Real Estate Folio Number (Parcel Number):14-44-23-C4-0195
Zoning Description:R3-W
Title to the property is held by owner as:
  • Corporation

Listing History

Update/EventDate/Days
Published Date:December 3, 2024 4:03 pm
On Market Date:December 3, 2024
Price Change Date Time:December 3, 2024 4:03 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:December 3, 2024 4:03 pm
Status Last Changed:December 3, 2024 4:03 pm
Photos Last Modified:December 3, 2024 9:57 pm
Last Modified:December 11, 2024 5:08 pm
Days on the Market Reference Date:December 11, 2024
Days on the Market (updated on Last Modified*):8
Cumulative Days on the Market (updated on Last Modified**):8

Additional Information

Lot Size Range:1/4+ To 1/2 Acre
Number of Photos:16
Location:,,
Included:Building & Land,,
Area:5940 Florida Other
Courtesy of:BHHS EWM Realty
Attribution:olivares.c@ewm.com
Universal Property Id:US-12071-N-144423C40195-R-N

Location

Show Property Address:Yes
Street Name:Nicholas Pkwy W
Street Number:319
Street Address:319 Nicholas Pkwy W
City : Cape Coral
State : Florida
Zip Code : 33991
County : Lee
Full Address:319 Nicholas Pkwy W, Cape Coral, FL 33991
Latitude:N26° 38' 36.8''
Longitude:W82° 0' 55.6''

Neighborhood

Postal City:Cape Coral

Property Map