4520 SE 5th PL, Cape Coral, FL 33904

$1,750,000
6
BD
6
BA
3,300
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,750,000
Listing Price
$1,750,000
Price Change
▼ $150,000 1781661875
MLS#
226000602
Status
ACTIVE
Development
Cape Coral
Building Design
Triplex
County
Lee
Region
CC12 - Cape Coral Unit 7-15
Development
Cape Coral
Subdivision
Cape Coral
Year Built
1979

Property Description

Here's a rare opportunity to acquire a waterfront 3-unit multifamily property with future development potential on the heart of downtown Cape Coral. The Property features 3,440 SF on .43 acres, with spacious 1,100 SF units, ample parking, and a 130' seawall with dock on a 200' wide Gulf-access canal. Two of the units are currently vacant, creating immediate flexibility for longer, seasonal, or short-term strategies, while the site offers the availability to add up to four additional units. With walkable access to restaurants and shopping and supported by Cape Coral's strong population growth and rental demand, this asset offers both stable cash flow and value-add upside.

Additional Information

Bathrooms
6
Approximate Living Area
3,300
Building Description
Other
Acres
0.43
Amenities
None
Exterior Features
Boat Dock Private
Water
Central
Cooling
Central Electric
Waterfront Description
Canal Front
Boat Access
Boat Dock Private
Community Type
Non-Gated

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Local Real Estate LLC.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.