12200 Shoreview Dr - Apartments FOR SALE
Matlacha, FL 33993 |
$4,000,000 USD
813-387-4748
12200 Shoreview Dr
Matlacha, FL 33993
HIGHLIGHTS
- More than $1,100,000 in recent capital improvements
- Roof replaced in 2021
- Exceptional amenities package including boat dock slips, a swimming pool, Wi-Fi, dishwashers and laundry facilities
- Concrete block construction
- $111,745 Average Household income within a two-mile radius
- Publix, 7-Eleven, McDonald’s, AutoZone, Walgreens and multiple restaurants within a two-miles radius
OVERVIEW
Value-add opportunity: 13-unit short-term rental property in Matlacha, FL (Cape Coral, FL MSA). Recent renovations include wood-look vinyl plank flooring, granite countertops, stainless steel appliances, cabinets, all new furniture, Tiki Hut (2023) and screened porches (2024). Call for Offers: January 8th
FOR SALE DETAILS
PRICE
$4,000,000 USD
PRICE/SF
$503 USD /SF
# OF UNITS
13
PRICE/UNIT
$307,692
CAP RATE
8.43%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Matlacha on Shoreview
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1958
PARKING SPACES
12
LAND DETAILS
LAND ACRES
0.39 AC
LAND SF
16,988 SF
ZONING
RM-2
APN/PARCEL ID
13-44-22-01-00001.0200
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813-387-4748
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813-387-4748
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