Cape Coral Income Property - Short Sale - $259,900

Real Estate Agent with RE/MAX Realty Team 3141375
Listing # 200774686254 SW 3rd Ter Cape Coral, FL 33991-2004Listing Price: $259,900
County: Lee
Prop TypeResidential IncomeProp Subtype(s)Triplex
GEO AreaCC23 - cape cSubdivisionCape Coral
Beds6Living Area3637 Tax Data
Baths(FH)4 (4 0)Price/Sq Ft$71.46
Year Built1998Lot Sq Ft (approx)14985 ((Tax Data))
PID231444C3019540220Lot Acres (approx)0.344

Directions  West of Santa Barbara and South of Pine Island Road.. From Nicholas Pkwy go East on SW 3rd Ter to Property on Right.
Property Information  This is a short sale and will require third party approval and may have time constraints. Fantastic Opprotunity - Well taken care of Tri-Plex on 3 Lot Site in Booming area of Cape Coral. Owners Unit has 2 Beds / 2 Baths with 1 Car Garage, other 2 Units have 2 Beds and 1 Bath. Each Unit has Range, Refrigerator and Washer and Dryer, Seperate Screened Lanai's. New Hurricane Shutters recently installed, Dimensional Shingled Roof Just a little over 1 year old.

Status TypeResale PropertyBonus Amount$0.00
Short SaleYesZoningR3-D
Building #0Units in Building3
FurnishedUnfurnishedLot Size- Frontage120
Lot Size- Back120Lot Size- Left125
Lot Size- Right125ElevatorNone
Cable AvailableYesLegal Unit29
Lot Description3 LotsConstructionConcrete Block
CoolingCeiling Fans, Central AirRoofShingle
Exterior FeaturesRoom for Pool, Shutters PanelsIrrigationReclaimed
FlooringVinyl, CarpetWaterAssessment Unpaid, Central
Waterfront Descrip.Off WaterWindowsSingle Hung, Sliding, Other/See Remarks
SewerAssessment Unpaid, CentralHeatCentral Electric
Boat/Dock InfoNonePrivate PoolNo
Private SpaNoNum of Ceiling Fans6
Gross Scheduled Incm$0.00Gross Operating Incm$0.00
Gross Rental Income$0.00Other Income$0.00
Annual Expenses$0.00Annual Net Oper Incm$0.00
Unit Information
Number of UnitsThreeUnit1 Ap Living Area0
Unit1 Bedrooms2 BedroomCarportNone
Unit1 EfficiencyNoUnit1 Equipment IncDishwasher, Dryer, Range, Refrigerator, Smoke Detector, Washer, Washer/Dryer Hookup
Unit1 Full Baths2Unit1 # of Fans2
Unit1 FurnishedUnfurnishedUnit1 Mo Gross Incom$0.00
GarageAttachedUnit1 Half Baths0
Unit1 # Carport Spac0Unit1 # Garage Space1
Unit1 Parking2 AssignedUnit1 RoomsOther/See Remarks
Unit2 Ap Living Area0Unit2 Bedrooms2
CarportNoneUnit2 EfficiencyNo
Unit2 Equipment IncDishwasher, Dryer, Range, Refrigerator, Smoke Detector, Washer, Washer/Dryer HookupUnit2 Full Baths1
Unit2 # of Fans2Unit2 FurnishedUnfurnished
Unit2 Mo Gross Incom$0.00GarageNone
Unit2 Half Baths0Unit2 # Carport Spac0
Unit2 # Garage Space0Unit2 Parking2 Assigned
Unit2 RoomsOther/See RemarksUnit3 Ap Living Area0
Unit3 Bedrooms2CarportNone
Unit3 EfficiencyNoUnit3 Equipment IncDishwasher, Dryer, Range, Refrigerator, Smoke Detector, Washer, Washer/Dryer Hookup
Unit3 Full Baths1Unit3 # of Fans2
Unit3 FurnishedUnfurnishedUnit3 Mo Gross Incom$0.00
GarageNoneUnit3 Half Baths0
Unit3 # Carport Spac0Unit3 # Garage Space0
Unit3 Parking2 AssignedUnit3 RoomsOther/See Remarks
Unit4 Ap Living Area0Unit4 Full Baths0
Unit4 # of Fans0Unit4 Mo Gross Incom$0.00
Unit4 Half Baths0Unit4 # Carport Spac0
Unit4 # Garage Space0Total Tax Bill$5932.27
Tax Year2006Assessments/HOA FeesNo
AmenitiesNoneMaster HOA Fee$0.00
Condo/HOA Fee$0.00Mand Club Fee$0.00
Condo Fee$0.00Land Lease Fee$0.00
Amenity/Rec Fee$0.00Special Assess Fee$0.00
Transfer/Other Fee$0.00Application Fee$0.00
Lease LimitsNoNumber Leases/Year0
Min Days of Lease0Tax District TypeMunicipal Tax Unit
TaxesCity and County, No HomesteadSpecial InfoSell Disclose Avail
PossessionAt ClosingTermsBuyer Finance/Cash

Presented By:Jay LaGace PACentury 21 Birchwood Rlty, Inc
Secondary:239-542-0065 x678
4040 Del Prado Blvd
Cape Coral, FL 33904
Fax :  239-542-7760
See our listings online:
December 2007Web Page:

Comments (4)

Mike Jones
SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) - Tucson, AZ
Mike Jones NMLS 223495


How can you list this as a short sale?  If there's a seller who's upside down, it doesn't become a short sale until the bank signs the sales contract.  Has the bank (or other lender) already foreclosed?  I'll park on the "notify" checkbox for your comment.  Thanks.

Mike in Tucson

Dec 31, 2007 11:27 PM
Jay LaGace
RE/MAX Realty Team - Cape Coral, FL
Cape Coral / Lee County Real Estate - 239-443-8795
Mike, that is the rules of our MLS. Notice in the comment section that it says that this will require Third Party Approval.
Jan 01, 2008 12:01 AM
Mike Jones
SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) - Tucson, AZ
Mike Jones NMLS 223495

Thanks, Jay.  That's an eye opener; it's just the opposite here in Tucson.

Jan 01, 2008 12:10 AM
Scott R. Turner
CENTURY 21 Broadhurst - Myrtle Beach, SC
Everything We Touch Turns to SOLD!!
Wow, someone will get a great buy. Should be able to have a little cash flow at that price.
Jan 04, 2008 02:47 PM