4520 SE 5th PL, Cape Coral, FL 33904
- $1,750,000
- 6
- BD
- 6
- BA
- 3,300
- SqFt
Courtesy of Local Real Estate LLC.
- List Price
- $1,750,000
- Status
- ACTIVE
- Days on Market
- 207
- Price Change
- ▼ $150,000 1781661875
- MLS#
- 226000602
- Subtype
- Residential Income
- Style
- Triplex
- Year Built
- 1979
- Bedrooms
- 6
- Bathrooms
- 6
- Full Baths
- 6
- Living Area
- 3,300
- Lot Size
- 18,557
- Acres
- 0.43
- Subdivision
- Cape Coral
- Neighborhood
- Cape Coral
- MLS Area Major
- CC12 - Cape Coral Unit 7-15
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
- Amenities
- None
- Exterior Features
- Boat Dock Private
- Taxes
- $9,415
- Property Description
- Triplex
- Zoning
- RML
- Flooring
- Tile
- Heating
- Central Electric
- Air Conditioning
- Central Electric
- Roof
- Shingle
- Foundation
- Concrete Block
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