For Sale
No HOANo HOA
House for sale at 4520 SE 5th Place, Cape Coral, FL 33904 | MLS# 226000602 | Listing updated on 2026-10-01
Photo 1 of House for sale at 4520 SE 5th Place, Cape Coral, FL 33904 | MLS# 226000602 | Listing updated on 2026-10-01
Photo 2 of House for sale at 4520 SE 5th Place, Cape Coral, FL 33904 | MLS# 226000602 | Listing updated on 2026-10-01
Photo 3 of House for sale at 4520 SE 5th Place, Cape Coral, FL 33904 | MLS# 226000602 | Listing updated on 2026-10-01
Photo 4 of House for sale at 4520 SE 5th Place, Cape Coral, FL 33904 | MLS# 226000602 | Listing updated on 2026-10-01
13+
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Street View

$1,750,000

Monthly Est:$8,710

  • Beds Icon6 Beds
  • Beds Icon
    6 Baths
  • Beds Icon3,300sqft

4520 SE 5th Place, Cape Coral, FL 33904

$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 Florida Gulf Coast MLS, Fort Myers-FL

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Lee County

  • City

    Cape Coral

  • Neighborhood

    Caloosahatchee

  • 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

DateEventPrice

06/16/2026

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #226000602

Price Decreased

$1,750,000 -7.89%

$530/sqft

03/20/2026

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #226000602

Price Decreased

$1,900,000 -9.52%

$576/sqft

01/09/2026

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #226000602

Price Increased

$2,100,000 +10.53%

$636/sqft

01/09/2026

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #226000602

Listed for Sale

$1,900,000

$576/sqft

Caloosahatchee Ranks #8 in Cape Coral, FL

Homes for sale
586

Homes

Rental prices
$1,714

Rental Prices

Median Home Price
$355K

Median Home Price

Caloosahatchee, Cape Coral, FL neighborhood guide

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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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