About This Property

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.

Key Features

• 0.426 Acres Lot
• Built in 1979

Property Details

• Type: Single Family Home
• Year Built: 1979
• Lot Size: 0.426 sq ft
• Sq Ft: 3,300
• Price / Sq Ft: $530
• HOA: Contact Agent
• Bedrooms: 6
• Bathrooms: 6
• Feature: 0.426 Acres Lot
• Feature: Built in 1979
• Status: Active
• MLS Number: 2f6f06c61b6114b2d4580a2488f76175
• Days on Market: 305
• Listed By: Local Real Estate LLC · Andres G Sanchez
• Zip Code: 33904