Cape Coral, FL 33991,840 SW 4th ST #1-7
Cape Coral, FL 33991,840 SW 4th ST #1-7
Cape Coral, FL 33991,840 SW 4th ST #1-7
Cape Coral, FL 33991,840 SW 4th ST #1-7
Cape Coral, FL 33991,840 SW 4th ST #1-7
Cape Coral, FL 33991,840 SW 4th ST #1-7
Pfeifer Realty Group
Pfeifer Realty Group

Broker

+1(239) 472-0004

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$ 1,850,000

$ 1,999,000 7.5%

Est. payment | /mo

8,866 SqFt


$ 1,850,000

$ 1,999,000 7.5%

Est. payment | /mo

8,866 SqFt

Key Details

Sold Price $1,850,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 8,866 sqft

Price per Sqft $208

MLS Listing ID 224024375

Sold Date 05/21/24

Construction Status Resale

HOA Y/N No

Year Built 2007

Annual Tax Amount $15,582

Tax Year 2023

Lot Size 0.732 Acres

Acres 0.732

Property Sub-Type Office

Property Description

This is a well maintained multi tenant professional office building located along the Pine Island Road Corridor and conveniently located behind Bonefish Grill, Dante's Pizza, House of Omelet's and Leslie's Pools. Easy access from Chiquita Blvd, Pine Island Road and Skyline Blvd. One 1,200 sf unit will becoming avaiable within the next 30 days giving a buyer the chance to occupy the space as an owner user or release the unit at market rent. Current cap rate should hover in the range of 5.8% - 6% and should continue to increase with the annual rent increases that are built in existing leases. Units 1 through 6 are approximately 1,200 sf each, with unit 7 coming in at 1,800 sf.

Location

State FL

County Lee

Area Cc23 - Cape Coral Unit 28, 29, 45, 62, 63, 66, 68

Rooms

Bedroom Description NaN

Interior

Fireplace No

Exterior

Utilities Available Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available

Waterfront Description Canal Access, Seawall

Garage No

Building

Story 1

Construction Status Resale

Others

Senior Community No

Tax ID 15-44-23-C3-04566.0070

Financing Seller Financing

Listed by Phil Deems Real Estate • Phil Deems
Bought with Phil Deems Real Estate
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“My goal is to guide you through every step of the process, providing expert advice and personalized service to ensure your real estate journey is seamless and stress-free. With Pfeifer Realty Group, you’re not just getting an agent – you’re gaining a trusted partner.”

+1(239) 472-0004

info@pfeiferrealtygroup.com

1630 Periwinkle Way Unit I, Sanibel, Florida, 33957, USA

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840 SW 4th ST #1-7