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1123 Southwest 28th Terrace, Cape Coral, FL, US
1123, Southwest 28th Terrace, Cape Coral, Lee County, Florida, 33914, United States
SOLD! $436,990 - Single Family
2,503 Sq Ft 3 Bedrooms 2 Bathrooms 2 Garages 1988 Year Built .24 Acre Lot

Additional Details

  • Ideal Investment Strategy: Rental/Resale
  • Potential ARV: $560,000-$580,000
  • Estimated Rehab: $10,000-$25,000
  • Comparable Rent: $3,500
  • Construction: CBS
  • Occupancy: Call your Agent
  • Comp 1: 2503 AVIATION PKWY, CAPE CORAL, FL 33904 - 3/2 2,359 sqft SOLD $550k MARCH 2022, 6 DOM (2001 build and clean, basic condition with no pool and on the canal - oversold $50k above list price)
  • Comp 2: 1625 SAVONA PKWY W, CAPE CORAL, FL 33914 - 4/3 2,412 sqft SOLD $660k MARCH 2022 (2005 build, updated with no pool and on the canal)
  • Comp 3: 3508 SE 2ND PL, CAPE CORAL, FL 33904 - 3/2 1,938 sqft PENDING $579k (2000 build, clean and dated with no pool or dock on the canal)
  • Comp 4: 3833 SW 17TH PL, CAPE CORAL, FL 33914 - 3/2 1,904 sqft SOLD $549.9k MARCH 2022, 3 DOM (1989 build, nicely updated with no pool or dock and on the canal)
  • Rehab Description: For a flip this needs very light cosmetic updates with a simple cosmetic cleanup. Apply fresh paint, deep clean, and modernize the fixtures. Optionally, put in new countertops in the kitchen and bathrooms. Roof is newer and shows no evidence of leaking and A/C is also newer and is in good working order. Do some light landscaping and detail work throughout and this is ready to go!
  • Features: Incredible canal home in Cape Coral! This 3 bedroom, 2 bathroom concrete block home boasts spacious room with 2,503 living sqft with the enclosed porch, an additional bonus room, features an attached 2 car garage, newer roof from 2017, newer gutters and impact windows, has direct canal access with a dock, and sits on a .24 acre lot. Being offered with huge upside potential with very minimal work required. This one will go fast!
  • Important Details: --> 30 Day Post Closing Occupancy with $10,000 Escrow Holdback
  • Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab
Property Location