Melissa McDonough
4520 SE 5th PL, Cape Coral, FL, 33904
6 beds
3 Full baths
1979
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 100' 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.
Status:
Active
Type:
Multi-family
Units:
3
Zoning:
RML
Frontage:
0
Subdivision:
CAPE CORAL
Heating:
Central Electric
Cooling:
Central Electric
Basement:
Central Electric
Acreage:
0.43
Est. Taxes:
$9,415
Construction
Concrete Block, Stone
Utilities
Cable Available
Lot Description:
See Remarks
Amenities:
None, Non-Gated
Waterfront:
Yes
Pet Allowed:
Yes
Pet Policy:
No Approval Needed
MLS #:
226000602
Community Info
School Info
Walk Score
Yelp
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