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4520 5th PL CAPE CORAL, FL 339041 / 9

$1,750,000

4520 5th PL

location_onCAPE CORAL, FL 33904 · Lee County

6Beds6Baths1979Built

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

Tile

Cooling

Central Electric

Heating

Central Electric

yardExterior & Lot

Construction

Concrete BlockStone

Roof

Shingle

Waterfront

Bridge(s)/Water IndirectCanal Front

Listing Agent

AS

Andres Sanchez

Local Real Estate LLC

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Listed By

Local Real Estate LLC

239-221-8665

mailContact Andres