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Street View
$1,750,000
Monthly Est:$8,710
6 Beds
- 6 Baths
6 full baths
3,300sqft
4520 SE 5th Place, Cape Coral, FL 33904
$1,750,000
$8,710/moEst:
Get Pre-Approved
Triplex
Built in 1979
$-- HOA
0.43 acre lot
$530/sq.ft
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.
- Houzeo last checked: 6 minutes ago
- Listing updated: October 1, 2026 at 1:59 pm
- Listing Provided by: Andres G Sanchez (786) 326-1596 DRE #3244476 | Local Real Estate LLC (239) 221-8665
- Source: Florida Gulf Coast MLS, Fort Myers-FL | MLS#: 226000602

Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1979
HOA Fees
-
Finished Area
3,300 sqft
Lot Size
0.43 acre lot
Basement Area
- sqft
MLS Name
Florida Gulf Coast MLS, Fort Myers
MLS Number
226000602
MLS Status
Active
Days on Market
298
Cumulative Days on Market
265

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 6
Interior
Cooling
Central Air, Electric
Window Features
Other
Exterior Features
None
Sewer
Public Sewer
Heating
Central, Electric
Flooring
Tile
Construction
Year Built
Year Built: 1979
Home type
Triplex
Property Condition
Resale
Construction Materials
Block, Concrete, Stone
Roof
Shingle
Architectural Style
Other
Utilities & Energy
Association Amenities
None
Water Source
Public
Utilities
Cable Available
Other Features
Community Features
Non Gated
Tenant Pays
See Remarks
Lot Features
See Remarks
Subdivision Name
Cape Coral
Price History
| Date | Event | Price |
|---|---|---|
06/16/2026 Source: | Price Decreased | $1,750,000 -7.89% $530/sqft |
03/20/2026 Source: | Price Decreased | $1,900,000 -9.52% $576/sqft |
01/09/2026 Source: | Price Increased | $2,100,000 +10.53% $636/sqft |
01/09/2026 Source: | Listed for Sale | $1,900,000 $576/sqft |
Caloosahatchee Ranks #8 in Cape Coral, FL
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Based on information from the Florida Gulf Coast Multiple Listing Service, Inc. through Nov 04, 2026, 04:45AM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some IDX listings have been excluded from this website. © 2026 Florida Gulf Coast Multiple Listing Service - All Rights Reserved.
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