$1,075,000

About This Property

Exceptional & Rare opportunity to own a fully occupied 8-unit multifamily property in the heart of Cape Coral. This well-maintained income-producing asset features eight spacious 1-bedroom, 1-bathroom units, each with private entrances and functional layouts ideal for long-term tenants. The property offers strong, consistent cash flow with a 7.9% cap rate, making it an attractive addition to any investor’s portfolio. The building offers with ample parking, laundry hook ups in each unit with a common coin-laundry room and a history of high occupancy. Solid concrete block construction and professional management contribute to low operating costs and reliable performance. Located in a high-demand corridor with easy access to shopping, dining, and this property is positioned for both immediate income and long-term appreciation. Whether you’re expanding your portfolio or seeking a turnkey 1031 exchange opportunity, this asset delivers on location, stability, and returns. Duplex next door 3609 SE 9th PL is also available for sale!

infoProperty Details

Property Type

Multi-Family: 5+ Units

Year Built

1985

Lot Size

0.48 acres

Days on Market

93

Cumulative DOM

134

List Date

Jul 21, 2025

Sold Date

Dec 5, 2025

Annual Taxes

$13K (2024)

yardExterior & Lot

Mortgage calculator

Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.

Listed By

Cornerstone Coastal Properties

239-989-0111