1014 Se 12th Ct, CAPE CORAL Property Listing: MLS® #218024391

1014 Se 12th Ct

$650,000
$3,459/m

Estimate Your Monthly Payment

Loan Amount: financing_price
Estimated Payment (30 Year Fixed Loan): 3459
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  • - Bed
  • - Bath
  • 44,864 Sqft
  • 1977 Year
  • No Pool
  • No Waterfront
  • 1.03 Acres
  • 480 DOM

About This Property

BUYER COULD USE PART OR ALL OF THE SPACE - Tenants are on month to month basis and rents are well below market. The building is 10,000 square feet (100' x 100') constructed of both steel & block and divided into five separate rental units. Tenants are willing to stay in place with the new buyer, or they could vacate with appropriate notice. The five units are leased to four tenants and consist of units 1 and 3 which is a 4,166 sf unit - $1,500.00, unit 2 is 2,500 sf - $895.83, unit 4 is a 1,660 sf unit - $783.33 and unit 5 is also 1,660 sf - $725.00. Building square foot average rate is $4.68. with current rentals within the area between $8.00 to $10.00 psf range (if you can find one). Zoned light industrial - warehouse has access from the main street (SE 12th Ct) as well as the paved alley. NOTE: There are 2 ADDITIONAL income producing fenced yards that could be purchased for an additional $500,000. Currently rented as yard storage with 44+/- vehicles, trailers, trucks, etc. with monthly income of $3,520. ($80 per month / stall). The yard on SE 10th Street is also on a gulf access waterfront canal.

Call or text Ryan Schwartz at 239.500.8000

Price Change History

For 1014 Se 12th Ct, CAPE CORAL, FL (MLS® #218024391)

Date Details Change
Price Reduced from $1,150,000 to $650,000 $500,000 (43.48%)
Price Increased from $650,000 to $1,150,000 $500,000 (76.92%)

General Information

  • MLS® #: 218024391
  • Price: $650,000
  • Days on Market: 480
  • Address: 1014 Se 12th Ct
  • County: Lee
  • Year Built: 1977
  • Type: Commercial
  • Square Footage: 44,864
  • Acres: 1.03
  • # of Stories: 1
  • Waterfront: None
  • Status: Active

Sub-Type

Industrial: Flex Space, Industrial: Manufacturing, Industrial: Office Showroom, Industrial: Warehouse

Area

CC14 - Cape Coral Unit 16,18,22-

Amenities

  • Waterfront: None

Utilities

Electric, Phone Line, Sewer, Trash Removal, Water, 3-Phase Electric, Single Phase Electric

Interior

  • # of Stories: 1

Exterior

  • Lot Description: 150

Financials

  • Price: $650,000
  • Zoning: I-1

Listing Details

  • Office: Phil Deems Real Estate

Community Information

  • City Cape Coral
  • County Lee
  • State Fl
  • Zip Code 33990

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Ryan Schwartz

Realtor®

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