1107 SE 38th St - Apartments FOR SALE


Cape Coral, FL 33904- Caloosahatchee
$899,000 USD
305-796-1533
1107 SE 38th St, Cape Coral, FL for Sale
$899,000 USD
Apartments - FOR SALE
1/35
null | 4.74% Cap Rate

1107 SE 38th St
Cape Coral, FL 33904
Caloosahatchee


HIGHLIGHTS

  • Gulf Access
  • Seawall in Place
  • 2025 Construction with No HOA Fees

OVERVIEW

GULF ACCESS -Building consists of two identical Villas 3/2 each with a 2-car garage attached. Approximate 4000 square feet building with Gulf Access in CAPE CORAL, FL. Units are new construction and have not been rented as if yet. CO was issued in 2025. As an upside, builder splitted the lot and each unit has an individual folio number and electric and water meter, therefore, each unit can be marketed and sold individually. Excellent for a rental portfolio or short term rentals. (Buyers must complete due diligence with city if Cape Coral regarding short term rentals.). Adjacent building also available as a bulk sale (it comprises additional two units). Call listing agent for price and additional information. Adjacent building available at $990,000. Both buildings with total of 4 Luxury units for $1,865,000.00)

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$231 USD /SF

# OF UNITS

2

PRICE/UNIT

$449,500

CAP RATE

4.74%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Villas at Mango

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

Multifamily

APN/PARCEL ID

06-45-24-C4-00541.0320

ASK ABOUT THIS PROPERTY

Oniel GraveranNuStar Realty, Inc.More Info
305-796-1533

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Oniel GraveranNuStar Realty, Inc.More Info
305-796-1533

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.