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1014 Se 12th Ct, CAPE CORAL, FL

$650,000 - $650k Price - 1.03 Acres - 571 DOM

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.

Essential Information

For 1014 Se 12th Ct, CAPE CORAL, FL
  • MLS® # 218024391
  • Price $650,000
  • Taxes $4,808
  • Tax Year 2017
  • Bathrooms 0.00
  • Square Footage 10000.00
  • Acres 1.03
  • Year Built 1977
  • Type Commercial Sale
  • Sub-Type Industrial
  • Status Active

Community Information

For 1014 Se 12th Ct, CAPE CORAL, FL
  • Address 1014 Se 12th Ct
  • County Lee
  • State FL
  • Zip Code 33990


For 1014 Se 12th Ct, CAPE CORAL, FL

CC14 - Cape Coral Unit 16,18,22-


For 1014 Se 12th Ct, CAPE CORAL, FL
  • Waterfront None


For 1014 Se 12th Ct, CAPE CORAL, FL

Electricity Available, Phone Available, Sewer Available, Water Available


For 1014 Se 12th Ct, CAPE CORAL, FL
  • # of Stories 1

Additional Information

For 1014 Se 12th Ct, CAPE CORAL, FL
  • Date Listed March 29th, 2018
  • Days on Market 571
  • Zoning I-1
  • HOA Fees $0

Listing Details

For 1014 Se 12th Ct, CAPE CORAL, FL
  • Office Phil Deems Real Estate

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