$875,000
937 SE 23rd PL 1-5
location_onCAPE CORAL, FL 33990 · Lee County
About This Property
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)
infoProperty Details
- Property Type
- Multi-Family: 5+ Units
- Year Built
- 1979
- Lot Size
- 0.39 acres
- Days on Market
- 0
- List Date
- May 8, 2026
- Annual Taxes
- $8K (2025)
yardExterior & Lot
Waterfront
Listed By
LSI Companies Inc.
239-489-4066