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$ 1,250,000
Est. payment /mo
Active
3603 SE 9th PL Cape Coral, FL 33904
0.48 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2025002225
Style Resale Property
HOA Y/N No
Year Built 1985
Annual Tax Amount $13,092
Tax Year 2024
Lot Size 0.485 Acres
Acres 0.485
Source Florida Gulf Coast
Property Description
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!
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!
Location
State FL
County Lee
Zoning R3-D
Interior
Cooling true
Inclusions Building And Land
Fireplace No
Exterior
Utilities Available Electricity Connected, Water Connected
Waterfront Description None
Garage No
Building
Story 1
Level or Stories 1
New Construction No
Others
Senior Community No
Tax ID 06-45-24-C4-00487.0010
Virtual Tour https://tinyurl.com/y25dwjhe
Listed by Cornerstone Coastal Properties • Nicole Pistone
