Here's a rare opportunity to acquire a waterfront 3-unit

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Home For Sale

4520 SE 5th Pl lot: 52

Cape Coral, Florida 33904

Lee County

Waterfront: Yes

Community: CAPE CORAL

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$2,100,000 6 br, 3.0 bath 0 sq. ft. 0.426 acres

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 100' 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.

Interior:
  • Bedrooms: 6
  • Baths: 3.0
  • Sq Ft: 0
  • Year Built: 1979
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: Electric (Heating), Central
  • Garage: 
Exterior:
  • Lot Size: 0.426 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: Concrete Block, Stone
  • Roof: Shingle
  • Property Taxes: $9,415
  • MLS #: 226000602
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Contact Information:
Beach Home For Sale in Cape Coral, Florida
Listing Agent: Andres G Sanchez, Local Real Estate LLC, 239-297-2777, 239-221-8665 Listing Site, Listing Status: Active
Copyright © 2025 Bonita Springs-Estero REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7109290
Viewed 14 times.
Updated: Jan 09, 2026

This property is a Home located at 4520 SE 5th Pl lot: 52, Cape Coral, Florida 33904, and is currently For Sale at $2,100,000. This Home has 6 bedrooms, 3.0 baths, 0 sq ft.