840 SW 4th Street # 1-7 Cape Coral, FL $ 1,999,000
840 SW 4th Street # 1-7
$ 1,999,000
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840 SW 4th Street # 1-7

Cape Coral, FL, 33991
$ 1,999,000
Baths0.0 Sq 8,866

Monthly Estimate*

$ 13,286

840 SW 4th Street # 1-7, Cape Coral, FL 33991 - Image 1
840 SW 4th Street # 1-7, Cape Coral, FL 33991 - Image 2
840 SW 4th Street # 1-7, Cape Coral, FL 33991 - Image 3
840 SW 4th Street # 1-7, Cape Coral, FL 33991 - Image 4
840 SW 4th Street # 1-7, Cape Coral, FL 33991 - Image 5
840 SW 4th Street # 1-7, Cape Coral, FL 33991 - Image 6
Studio

Commercial Property for sale in Cape Coral, FL

for $1,999,000. This 8,866 square foot building was built in 2007 on a lot size of 0.732.

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.

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Commercial Pending

Price

$ 1,999,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 15,582

Style

Office

Lot Size

0.732

Year Built

2007

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

224024375

Features
General
Utilities Electricity Available Phone Available Sewer Available Trash Collection Water Available
HOA 0
Year Built 2007
Electric Single Phase
Unit Number 1-7
Property SubType Office
Tax Year 2023
Business Type Professional/Office
Waterfront Features Canal Access Seawall
County Lee
Property Type Commercial Sale
Status Pending
Directions SR 78 (Pine Island Rd.) to Skyline Blvd. (turn south) in one block turn west on SW 4th Street. Travel 800 feet and the complex will be on the left (south side of the street).
City CAPE CORAL
Land Lease Amount 0
Zoning Description CORR
MLS Area CC23 - Cape Coral Unit 28 29 45 62 63 66 68
Lot Size Units Acres
Waterfront Y/N 1
Street Name 4th
Tax Annual Amount 15582.46
Property Condition Resale
Lease Considered Y/N 0
Days on Market 29
Standard Status Pending
Property Sub Type Additional Office
Legal Description CAPE CORAL UNIT 68 BLK 4566 PB 23 PG 106 LOTS 7 THRU 12
Condo Fee 0
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Exterior
Lot Size Area 0.732
Building Area Total 8866
Lot Size Acres 0.732
Lot Size Source Appraiser
Covered Spaces 0
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Interior
Total Stories 1
Air Conditioning Y/N 1
Heating Y/N 1
Street Suffix Street
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* Excluded Features
List By
Phil Deems

Listing Agent

Phil Deems Real Estate

Broker

phildeems@gmail.com

Email

Affordability Calculator

$14,584
Per Month
91%
9%
0%
Monthly Principal & Interest
$13,286
Monthly Property Taxes
$1,299
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1023546 Elementary School
1023297 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/14/2024$1,999,000 Listed Price

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840 SW 4th Street # 1-7, Cape Coral, FL, 33991 is a Commercial Property for sale at $1,999,000 with 8,866 sqft and a lot size of 0.732. 840 SW 4th Street # 1-7 is a studio with 0.0 baths and was built in 2007. The property's zip code is 33991 which is in Cape Coral, FL