1341 Nw 15th Ave, Cape Coral

$2,200,000

0 Bed
0 Bath
1½ Acres
0 Garage

LOOK no further! Pre construction bulk deal for 6 identical lots! Plans have been submitted and approved. Project to be completed in less than 3 months! Massive 4 bedroom, 2 bath, 3 car garage single family homes with NO association! Do not miss the opportunity to grab this deal. Perfect for an end user, or an investor wanting to collect income and not participate in any renovations. Property rents at $2800-$2900 per month on an annual basis, $3200-$4000+ per month on short term. Annual NOI for all 6 is $201k, and short term for all 6 is $270k+. VERY reliable builder, completing over 400 homes between Cape Coral and North Port! Cap rate: 9-16%. Call or text at anytime.

Essential Information
MLS® #A11540530
Price$2,200,000
Bathrooms0.00
Acres1.50
TypeLand / Boat Docks
StatusActive
Community Information
Address1341 Nw 15th Ave
Area5940 Florida Other
CityCape Coral
CountyLee County
StateFL
Zip Code33993
Utilities

Water Available, Other, Sewer Available

Exterior
Lot Description80x125
Additional Information
Date ListedFebruary 27th, 2024
Days on Market67
Listing Details
Listing Courtesy ofReal Estate Sales Force
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