4520 Se 5th Pl, Cape Coral, FL 33904
- $1,750,000
- 6
- BD
- 6
- BA
- List Price
- $1,750,000
- Listing Price
- $1,750,000
- Price Change
- ▼ $150,000 1781661858
- Days on Market
- 203
- MLS#
- 226000602
- Development
- Cape Coral
- Building Design
- Triplex
- County
- Lee
- Region
- CC12 - Cape Coral Unit 7-15
- Development
- Cape Coral
- Subdivision
- Cape Coral
- Year Built
- 1979
- Land SqFt
- 18,556
- Lot Size
- 18,556
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.
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Additional Information
- Total Tax Bill
- $9,415
- Tax Year
- 2024
- Units
- 3
- Bathrooms
- 6
- Lot Description
- See Remarks
- Lot Size
- 0.426
- Construction
- Concrete Block, Stone
- Amenities
- None, Non-Gated
- Windows
- Other
- Exterior Features
- Dock, None
- Water
- Central
- Sewer
- Central
- Cooling
- Central Electric
- Irrigation
- Other
- Waterfront Description
- Bridge(s)/Water Indirect, Canal Front
- Boat Access
- Dock
- Gulf Access
- Yes
- Waterfront
- Yes
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Courtesy of Local Real Estate LLC
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