1 / 9$1,750,000
4520 5th PL
location_onCAPE CORAL, FL 33904 · Lee County
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.
infoProperty Details
- Property Type
- Triplex
- Year Built
- 1979
- Lot Size
- 0.43 acres
- Bedrooms
- 6
- Bathrooms
- 6
- Days on Market
- 158
- List Date
- Jan 9, 2026
- Annual Taxes
- $9K (2024)
chairInterior Features
Flooring
Cooling
Heating
yardExterior & Lot
Construction
Roof
Waterfront
Listing Agent
Andres Sanchez
Local Real Estate LLC
Listed By
Local Real Estate LLC
239-221-8665