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$875,000
Est. payment /mo
0.39 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2026026678
Construction Status Resale
HOA Y/N No
Year Built 1979
Annual Tax Amount $8,147
Tax Year 2025
Lot Size 0.386 Acres
Acres 0.386
Property Sub-Type Multi Family
Property Description
Fully occupied five-plex offering investors a turnkey, low-maintenance income stream in one of Southwest Florida's fastest-growing rental markets.
The 4,957 sq. ft. property is comprised of five 2-bedroom/1-bathroom units with an annual gross income of $96,000. Ownership has recently invested significantly in the asset, including a new roof, hurricane-resistant impact windows throughout, fully renovated bathrooms, full exterior paint, parking lot reseal and stripe, and replacement of all A/C units, substantially reducing near-term capital exposure for a new buyer.
• Hurricane resistant impact windows (2025)
• Renovated bathrooms (2025)
• All new A/C units (2024-25)
• New roof (2023)
• Parking lot reseal & stripe (2023)
• Full exterior paint (2023)
The 4,957 sq. ft. property is comprised of five 2-bedroom/1-bathroom units with an annual gross income of $96,000. Ownership has recently invested significantly in the asset, including a new roof, hurricane-resistant impact windows throughout, fully renovated bathrooms, full exterior paint, parking lot reseal and stripe, and replacement of all A/C units, substantially reducing near-term capital exposure for a new buyer.
• Hurricane resistant impact windows (2025)
• Renovated bathrooms (2025)
• All new A/C units (2024-25)
• New roof (2023)
• Parking lot reseal & stripe (2023)
• Full exterior paint (2023)
Location
State FL
County Lee
Area Cc14 - Cape Coral Unit 16, 18, 22-
Interior
Furnishings Furnished
Fireplace No
Exterior
Utilities Available Electricity Available, Other, Sewer Available, Water Available
Waterfront Description None
Present Use Multi-Family
Garage No
Building
Story 1
Construction Status Resale
Others
Senior Community No
Tax ID 20-44-24-C2-01399.0030
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Listed by LSI Companies Inc. • Justin Milcetich
NEARBY SCHOOL & BUSINESS
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EverySWFLHome Team
Broker / Team Leader | License ID: BK3449476
Broker / Team Leader License ID: BK3449476