4520 SE 5th PL, Cape Coral, FL 33904
- $1,900,000
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.
Details
Updated on March 20, 2026 at 1:53 pm-
Property ID 226000602
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Price $1,900,000
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Land Area 0.426 Acres
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Bedrooms 6
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Bathrooms 6
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Garage Size x x
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Year Built 1979
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Property Status Active
Additional details
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Roof Shingle
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Cooling Central Electric
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Heating Central Electric
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Flooring Tile
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County Lee
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Property Type Residential Income
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Waterfront Canal Front
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Architectural Style Triplex
Features
Mortgage Calculator
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