This is the LOCATION !!!! 
Cape Coral,  Fl  33914 -  5420 Chiquita Blvd S. $375,000
Details
Type:Residential Income
Style:Quadraplex
Location:Southwest Cape Coral
Exposure:West
Pool:Heated Below Ground
Bed/ Bath:8/8
Garage: Attached 1 car per condo
Sq Ft: 4986
Lot: 14985 Sq Ft
Year Built: 1996
Taxes: 7891.47/2008
MLS:200947442
Description
THIS IS A SHORT SALE AND SUBJECT TO CURRENT MORTGAGE HOLDER'S APPROVAL AND MAY HAVE TIME CONSTRAINTS. INVESTOR OPPORTUNITY ! The Chiquita Bonita Condos located directly across the street from Cape Harbour's Marina, Shops, Restaurants, etc. Incredible Location! 2-Story 4-Plex with all 4 units offering 2 Bedrooms/2Baths, Open Great Rooms, Private Covered Balconies & Lanais. Each unit gets a 1 Car Garage plus an additional assigned parking space. Large heated pool surrounded by tropical landscaping. Owner/Manager currently residing in one of the units and has a 2yr lease agreement at $800/mo thru Sept 2011. Other 3 units being used as vacation rentals. Buyer to honor existing lease agreements. May be purchased TURNKEY, but furnishings to be sold separately. Owner/Manager willing to stay on board and mange the property and rentals. Great rental history with many repeat tenants. BUYERS UNDERSTAND AND HAVE BEEN INFORMED THAT THIS PROPERTY IS PRICED FOR A SHORT SALE. ALL OFFERS ARE SUBJECT TO 3RD PARTY APPROVAL. THE LIST PRICE IS NOT THE RESPONSIBILITY OF THE SELLER, AGENT, OR BROKER AND IS ONLY A REASONABLE STARTING POINT FOR THE BANKS FINAL APPROVAL.